Latest News for: Banks assets

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Ujjivan SFB shares plunge over 7.5% after bank revised its loan growth forecast lower

Live Mint 24 Jun 2024
Macquarie upgrades private banks; downgrades SBI and 3 othersRecently, the bank has begun offering gold and vehicle loans, which will boost the share of secured assets and enhance margins and ...
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Clouds rising over banks? As interest rates stay high, FAU survey handicaps risks for lenders ...

Sun Sentinel 24 Jun 2024
banks with at least $10 billion in assets and concluded “more than 60 of the largest banks in the country are at increased risk of failure due to their commercial real estate (CRE) exposures.”.
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Islamic banking turnover in Egypt reaches EGP 701bn in March 2024

Daily News Egypt 24 Jun 2024
Islamic banking now constitutes 5% of the overall Egyptian banking market ... Nasser Social Bank is one such example ... As of December 2023, the global Islamic banking industry’s assets reached approximately $4.5trn, according to international reports.
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Fidelity Bank: On the Path to Becoming Global Lender

This Day 24 Jun 2024
In terms of assets, Fidelity Bank has seen its total deposits from N1,699billion in 2020 to N4,015billion in 2023, while net loans crossed the N3 trillion mark to N3,092 billion in 2023 from N1,326billion reported in 2020.
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FBN Holdings’ Profit Up 126.8% as Analysts Forecast Positive Outlook 

This Day 24 Jun 2024
... bank (SIB) ... Analysts noted that the commercial banking segment remained the lead gross earnings driver, contributing 94 per cent, while merchant bank and asset management contributed 6 per cent.
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Thanks a bullion, RBI will take it from here; overseas gold reserves at 6-yr low

The Times of India 24 Jun 2024
This follows a global trend of central banks becoming cautious after ...
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Vietnam's commercial banks allowed to reschedule debt repayment period

Xinhua 24 Jun 2024
HANOI, June 24 (Xinhua) -- The State Bank of Vietnam has decided to allow commercial banks to reschedule the debt repayment period and maintain the debt group for certain sectors for an additional six months, Vietnam News Agency reported Monday.
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Mosaic-Euroclear AI Platform Targets $42 Billion Market Data Industry

Finance Magnates 24 Jun 2024
The initial rollout of Smart Markets includes participation from a diverse group of financial institutions, including major banks, as well as central banks and asset managers such as the Bank of England and T.
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GSE expands market; introduces automated OTC Trading platform for unlisted securities

B & FT Online 24 Jun 2024
“By this, we can determine the true value of our banks’ assets, and this could lead to capital appreciation for shareholders of our banks that are going to be on this market,” Mr.
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The EU targets Russia's LNG ghost fleet in a new round of Ukraine war sanctions.

Springfield News-Sun 24 Jun 2024
Around 50 more officials are also being targeted with asset freezes, as well as travel bans ... Around 210 billion euros ($225 billion) worth of Russian Central Bank assets are blocked in the EU.
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ED seizes assets worth ₹37 cr in Amber Dalal case

Hindustan Times 24 Jun 2024
During the search, they seized movable assets including cash, bank funds and demat account holdings worth ₹37 crore, and various incriminating documents and digital devices were seized.
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Policy on rescheduling debt repayment period extended

Vietnam News 24 Jun 2024
The State Bank of Việt Nam (SBV) has decided to allow commercial banks to reschedule the debt repayment period and maintain the debt group for certain sectors for an additional six months, to support struggling businesses.
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GTCO, UBA Top Others as Most Profitable Lenders by RoE in 2023FY

This Day 24 Jun 2024
The global rating agency stated that pressures on Nigerian banks’ profitability and asset quality would be higher than initially expected due to high inflation and a potential economic slowdown.
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Major Challenges Decentralized Exchanges (DEXs) Must Focus on in 2024

Finance Magnates 24 Jun 2024
In the parallel world of traditional finance, the crypto currency market has its own “banks’’, DEXs that offer similar services such as buying, selling, and holding assets in exchange for fees.
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Instability in France and ‘non-event’ UK election drive up pound

The Times/The Sunday Times 24 Jun 2024
Analysts have said that UK assets such as the pound are on course to strengthen against the euro and other big currencies in an environment where the Bank of England has yet to cut interest rates and ...
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