Latest News for: Banks assets

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Singapore Gulf Bank launches corporate banking services for global digital economy

Bahrain News Agency 04 Nov 2024
In addition to regular corporate banking services, SGB will provide a real-time settlement network, digital assets custody and intuitive trading solutions, all underpinned by robust AML/KYC measures.
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Just-In: MAS Push To Pioneer Commercialization of Asset Tokenization

CoinGape 04 Nov 2024
MAS to Boost Asset Tokenization ... The central banks said it will focus on forming commercial networks, developing market infrastructures, fostering industry frameworks, and enabling settlement facility to push asset tokenization.
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MAS Advances Tokenization with New CBDC Testnet Initiative

The Arabian Post 04 Nov 2024
The Monetary Authority of Singapore (MAS) is set to launch a new wholesale Central Bank Digital Currency (CBDC) testnet, named the SGD Testnet, which aims to facilitate the commercialization of tokenization in the financial sector.
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PSBank posts 9-month income of P4.0 billion

Sun Star 04 Nov 2024
The bank's solid financial performance was driven by higher operating income and better asset quality ... The bank's total assets stood at P219 billion while total deposits amounted to P167 billion as of end-third quarter.
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PSBank profit improves 19% to P4 billion

Manila Bulletin 04 Nov 2024
In a disclosure to the Philippine Stock Exchange (PSE), the bank said its solid ... The bank’s total assets stood at P219 billion while total deposits amounted to P167 billion as of end-third quarter.
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Qatar commercial banks’ domestic credit up 7% to QR1.3 trillion in Sep

The Peninsula 04 Nov 2024
The total assets of commercial banks operating in Qatar increased by 5.5 percent to QR2 trillion in September 2024 according to official data released by Qatar Central Bank (QCB), ... The total assets of ...
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UBA announces third-quarter performance with impressive growth across key metrics

B & FT Online 04 Nov 2024
The bank reported a 19.57% year-on-year increase in Profit Before Tax from GHȼ355m in Q3 2023 to GHȼ424m in Q3 2024 ... The bank’s total assets grew by 47.67% year-on-year ... The growth in the total assets was funded by increase in deposits from customers.
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German tradFi giants confirm trial to mine Bitcoin with surplus energy to stabilize grid

Cryptoslate 04 Nov 2024
... further possibilities for financial services with digital assets ... The bank established its Digital Assets Office in 2022 to focus exclusively on blockchain technology and the digital assets ecosystem.
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Using the ADR playbook

Dawn 04 Nov 2024
Typically, deposits and the asset base are the indicators of preference for the bragging rights they bring, but it can be anything ... To state the obvious, there’s no way banks could, or even would, lend Rs 4tr in such a short duration.
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Singapore creating networks to commercialize digital asset tokenization platform after successful trials

Cryptoslate 04 Nov 2024
... foreign exchange, and asset management ... Furthermore, MAS enables financial institutions to access common settlement assets, including Singapore dollar wholesale central bank digital currency (CBDC).
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Hong Kong Set to Launch Stablecoin Regulations to Shape Digital Currency Future

The Arabian Post 04 Nov 2024
Additionally, stablecoin issuers will need to meet rigorous internal controls, including risk management practices for handling and safeguarding reserve assets, similar to standards seen in traditional banking and finance.
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FirstBank records 36% growth in profit in third quarter of 2024

B & FT Online 04 Nov 2024
This reinforces the bank’s position as a favored choice for depositors ... The bank’s loan asset quality also improved in the period as non-performing loans experienced a notable decline from 20.30% to 15.91% year-on-year.
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CalBank PLC’s bold strategic move repositions bank for growth

B & FT Online 04 Nov 2024
In a strategic shift, CalBank has pivoted from its traditional corporate focus to a dynamic retail banking model ... The bank underwent a rigorous asset quality review, making tough provisions for non-performing loans.
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Yao's PBB posts 57% profit growth

Manila Bulletin 04 Nov 2024
Philippine Business Bank, a local lender controlled by beverages tycoon Alfredo Yao, reported that its net income leaped 57.1 percent to P1.8 billion in the first nine months of 2024 from the P1.15 billion it earned in the same period last year.
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BJP protests over Waqf land row in Mangaluru, seeks govt action

The Times of India 04 Nov 2024
... the BJP expressed concern over rising property disputes related to Waqf assets ... They further argued that the temporary halt on registering properties as Waqf assets was a mere electoral tactic.

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