Latest News for: Banks assets

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FSCA releases list of 75 approved crypto asset service providers

Independent online (SA) 24 Apr 2024
... asset service providers ... Any media reports implying otherwise are therefore incorrect as the South African Reserve Bank does not currently recognise crypto assets as currency,“ the FSCA further said.
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Brazilian Fintech Giant Nubank Embraces Cryptocurrencies

The Arabian Post 24 Apr 2024
Nubank, Brazil’s leading digital bank, has taken a significant step towards integrating cryptocurrency into mainstream financial services ... On the one hand, it grants users greater flexibility and control over their financial assets.
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SARB eyes more of Jooste assets after R60m is forfeited to the State

Independent online (SA) 24 Apr 2024
The SARB spokesperson told Business Report by email yesterday that the bank had indeed finally forfeited the assets to the State, but refused to give out more details as the investigation proceeds.
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Lesha Bank records net profit of QR28.8m in Q1 2024, reflecting 30 percent YoY growth

The Peninsula 24 Apr 2024
The Bank’s total assets under management (AUM) increased to QR6.4bn, reflecting a growth of 11 percent year-on-year ... Total assets as of 31 March 2024 stood at QR7.6bn, registering a year-on-year growth of 52 percent.
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BPI to sustain record-breaking performance in 2024

Manila Bulletin 24 Apr 2024
In a press briefing after the bank’s annual stockholders’ meeting on Tuesday, April 23, BPI President and CEO Jose Teodoro K ... Limcaoco added that the bank’s consumer business remains fairly resilient and “there's a lot of confidence.".
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AUB recognised as Bahrain’s best bank 2024 by Global Finance Magazine

The Daily Tribune - Bahrain 24 Apr 2024
Global Finance’s rigorous selection process considers a wide range of factors that reflect a bank’s overall strength and performance including growth in assets, profitability, strategic ...
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EOW hands out clean chits in MSC Bank fraud

Hindustan Times 24 Apr 2024
The MSC Bank case arose out of a Public Interest Litigation (PIL) ... The report indicted the board of directors of the bank for financial mismanagement that led to the ballooning of non-performing assets.
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RBI lists factors powering India to become world’s 3rd largest economy

The Siasat Daily 24 Apr 2024
India’s financial sector is predominantly bank-based. In 2015-2016, the overhang of asset impairment in the wake of the global financial crisis was addressed through an asset quality review (AQR).
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Banks Wage War on Gun Ownership

Armstrong Economics 24 Apr 2024
The government has successfully weaponized the banks against the people ... “Over the last decade, significant media attention has been paid to the left’s obsession with using banks and asset managers to end fossil fuels.
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Hanwha Life enters Indonesian banking sector

Korea Times 24 Apr 2024
Hanwha Life to purchase 40% stake in Nobu Bank ... Founded in 1990, Nobu Bank is a mid-sized local bank, ranking within the top 30 by assets which totaled 2.3 trillion won ($1.68 billion) as of the end of 2023.
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Capitec’s success is a beacon of hope for new entrants as they eat legacy banks’ lunch

Independent online (SA) 24 Apr 2024
Standard Bank, for example, the country’s biggest bank by assets, has more than 18.8 million customers and a market value of R283 billion ... banks’ pie ... This as banks pay out hefty remuneration packages.
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Abu Dhabi's ADQ enters Australia with acquisition of 49% stake in Plenary Group

The National 24 Apr 2024
... assets and remain the major shareholder in Plenary’s business unit in the Americas ... It has become an investor alongside the Bank of Montreal in the Canadian alternative asset management company Sagard.
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Viva Money Issues 1,000 Loans in 3 Months, Aims for 40,000 by Year-End

Live Mint 24 Apr 2024
... world’s leading digital consumer finance company, and TBI Bank — next-generation digital bank operating in Romania, Bulgaria and Greece.Tirona’s assets include more than 20 projects in 22 countries.
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