Latest News for: Net banks

Edit

CBDCs: India’s digital rupee falls flat as low volumes blight trial run

Cryptoslate 02 Dec 2022
The Hindu Business said it offers no discernible difference with “internet-based banking that users were already satisfied with.”. Early reports reveal low trade volumes, forcing banks to retain administrative burdens for cash. Central Bank Digital Currencies (CBDCs) are intended to replace cash.
Edit

Malvern Bancorp, Inc. Reports Fourth Quarter and Fiscal Year End Operating Results

Eagle-Tribune 02 Dec 2022
MLVF) (the “Company”), the parent company of Malvern Bank, National Association (the “Bank”), today reported operating results for the fourth fiscal quarter and year ended September 30, 2022 ... Results for the period were driven by growth in net interest income supported by stable levels of loans and deposits ... Net Interest Income.
Edit

Central Bank of India hires Malladi Venkat Murali Krishna as executive director

Live Mint 02 Dec 2022
... Interest Income for the quarter ended September 2022 climbed to ₹2747 crores as opposed to ₹2206 crores for the comparable quarter ended September 30, 2021, registering a Y-o-Y growth of ₹541 crore (24.52%), Central Bank of India reported a Net Profit of ₹318 crore during Q2FY23.
Edit

Egypt’s net foreign assets continue to fall as currency devaluation hurts economy

Egypt Commercial News 02 Dec 2022
Egypt’s net foreign assets fell by 109.9 billion Egyptian pounds ($4.47 billion) in October, extending a decline that began in September 2021, central bank data showed ... Changes in the amount of NFAs represent net transactions of the banking system with the foreign sector, including those of the central bank, according to the bank.
Edit

AIB profit upgrade tipped to trigger State share disposal

Irish Independent 02 Dec 2022
... year has massively boosted AIB’s income prospects due to the rate sensitivity of its loan book, increasing appetite for the stock among investors.According to the bank’s own guidance, each 1pc increase in ECB rates adds more than €300m in net interest income.
Edit

India's digital rupee fails to excite interest, bankers say

The Times of India 02 Dec 2022
But in the initial trial banks have been using it for settlements with each other - with no particular advantage, according to bankers ... "There is no advantage over internet-based transactions and the lack of netting is actually a big drawback," said an executive at a private bank that had used wholesale e-rupees in the pilot program.
Edit

South Korean exports expected to continue to decrease in fourth quarter

Beijing News 02 Dec 2022
Regarding the contribution of net exports to negative growth, Choi Jung-tae, head of the Bank of Korea's National Account Department, said, "This is because semiconductor exports declined and crude oil imports increased in the third quarter."In the fourth quarter, exports turned to decline.
Edit

Foreign investors, banks may step up Indian govt bond buying in Dec - analysts

The Times of India 02 Dec 2022
Foreign banks also remained active debt buyers in both the primary and the secondary markets, with a net purchase of over 147 billion rupees in the last 17 trading sessions, CCIL data showed ... Federal Reserve, said Anuj Bhala, head of rates trading at SBM Bank (India).
Edit

Malvern Bancorp: Fiscal Q4 Earnings Snapshot

The Milton Standard Journal 02 Dec 2022
(MLVF) on Friday reported fiscal fourth-quarter net income of $2.6 million, after reporting a loss in the same period a year earlier ... Its revenue net of interest ...
Edit

Buy Bandhan Bank, target price Rs 365: ICICI Securities

The Times of India 02 Dec 2022
has buy call on Bandhan Bank ... The current market price of Bandhan Bank is Rs 241.7. Bandhan Bank, incorporated in the year 2014, is a ... The bank has reported net profit after tax of Rs 209.27 Crore in latest quarter.
Edit

Sagicor Group rocked by rising rates

Jamaica Observer 02 Dec 2022
SJ's investment banking segment saw revenue decline 23 per cent to $3.82 billion for the nine months up to September with net profit down 42 per cent to $1.18 billion ... Sagicor Bank Jamaica's (SBJ) net profit increased 10 per cent to $2.34 billion, boosted by growth in loans and transaction fees.
Edit

State Bank of Pakistan’s forex reserves fall by $327mn

The Siasat Daily 02 Dec 2022
The State Bank of Pakistan (SBP) announced that its foreign exchange reserves have decreased ... Net foreign reserves held by commercial banks came at $5.87 billion, the central bank said.
Edit

Indonesian banks reap geographic benefits, study finds

The Jakarta Post 02 Dec 2022
... growth propelled by a sharp increase in net margins as interest rates rose, the management-consulting firm says in its Global Banking Annual Review 2022.
Edit

RI banks reap geographic benefits: Study

The Jakarta Post 02 Dec 2022
... growth propelled by a sharp increase in net margins as interest rates rose, the management-consulting firm says in its Global Banking Annual Review 2022.
Edit

TD Bank's Profit Jumps 77% On Higher Loan Rates

MENA FN 02 Dec 2022
(MENAFN - Baystreet.ca) TD Bank's Profit Jumps 77% On Higher Loan Rates Toronto-Dominion Bank (TD), commonly known as TD Bank, reported a 77% increase in its fiscal fourth-quarter net profit due to ... .

Most Viewed

File - Europol building, The Hague, the Netherlands, is the headquarters of Europol, a European organization, in which national police forces cooperate, similar to Interpol.
Creative Commons / OSeveno https://creativecommons.org/licenses/by-sa/3.0/deed.en
Meeting between Prime Minister Sanna Marin and Chancellor Scholz on 16 March 2022
Flickr / FinnishGovernment / CC BY 2.0 https://creativecommons.org/licenses/by/2.0/
×