Latest News for: Net banks


Central bank acts to tighten đồng liquidity

Vietnam News 29 Sep 2022
HÀ NỘI — The State Bank of Vietnam (SBV) has net withdrawn VNĐ57.6 trillion through open market operation (OMO) and foreign currency selling channels to maintain the liquidity of the banking system at a sufficient level and create indirect impacts on the interbank interest rates.

Philippines' foreign investments yield 86 mln USD net outflows in August 29 Sep 2022
29 (Xinhua) -- The Philippine central bank said Thursday that the Philippines' foreign investments yielded net outflows of 86 million U.S ... dollars in net outflows recorded in July ... dollar net outflows ...

NBFCs stare at a liquidity squeeze amid debt fund outflow, low bank funds

The Times of India 29 Sep 2022
Besides, marginal cost lending rates (MCLR) of private banks have risen 65-85 basis points since March, leading to a likely compression in net interest margins ... The surplus liquidity in the banking system has come down sharply, with overall daily liquidity in the banking system turning into deficit on a net basis at ₹21,800 crore on September 20.

CIBC aims to reduce emission intensity from power portfolio by 32 per cent by 2030

North Shore News 29 Sep 2022
... portfolio by 32 per cent by 2030 in the latest climate target released by a Canadian bank ... The emission cut targets are the early steps of the greater goal of achieving net zero emissions in portfolios by 2050, something which all of Canada's big banks have committed to.

SBP-held reserves fall to alarming levels, declining by 4%

The News International 29 Sep 2022
Overall liquid foreign currency reserves held by the country, including net reserves held by banks other than the SBP, stood at $13,761.9 million. Net reserves held by banks amounted to $5,756 million. The central bank ...

New Zealand businesses less pessimistic in September – ANZ survey

FX Empire 29 Sep 2022
WELLINGTON (Reuters) – New Zealand businesses were less pessimistic in September with a mood lift evident in the construction sector, an ANZ Bank survey showed on Thursday ... A net 1.8% of ...

New Zealand businesses less pessimistic in September - ANZ survey

Reuters 29 Sep 2022
The survey's headline measure showed a net 36.7% of respondents expected the economy to deteriorate over the year ahead ... A net 1.8% of ...

Taiwan: Central Bank spent $8.25 bln to hold back currency depreciation in H1

Fresh Plaza 29 Sep 2022
Taiwan's central bank has issued a statement saying that in the first half of this year it sold a net $8.25 billion to intervene in the foreign exchange market, intent on halting the devaluation of the Taiwan dollar ... The Central Bank said holds it as ...

PNB to sell its entire stake in ARCIL, plans to complete divestment by Dec-end | Mint

Live Mint 29 Sep 2022
Public sector bank (PSB) major, Punjab National Bank(PNB) on Thursday decided to sell its entire stake in Asset Reconstruction Company (India) (ARCIL) at an agreed price ... During the first quarter of FY23, the bank posted a net profit of ₹308 crore down by 69.8% from a profit of ₹1,023 crore in the same quarter a year ago.

How is SOVA virus infecting your phone? SBI, PNB customers beware

DNA India 29 Sep 2022
Customers of banks are being warned about one such virus. Customers of other banks, such as SBI, PNB, and Canara Bank, are being warned about the SOVA malware ... The malware records the user's information when they access their account through net-banking apps and log in.

China's smaller banks cut deposit rates to ease margin pressure

Reuters 29 Sep 2022
The smaller lenders followed in the footsteps of some of China's biggest state-owned banks, which implemented rate cuts earlier this month ... Four of the five of China’s largest banks, except for Bank of China, reported falling net interest margins (NIMs) in the second quarter.

Trade terms hit record low in August

Korea Times 29 Sep 2022
The nation's net terms-of-trade index for goods ― a gauge of overall trade terms ― came to 82.49 in August, down 10.3 percent from a year earlier, according to the preliminary data ...

S.Korea's trade terms hit record low in August 29 Sep 2022
The net terms-of-trade index for goods, which gauges the amount of import that can be bought with a unit-export proceed, was 82.49 in August, down 10.3 percent from a year earlier, according to the ...

China’s yuan hovers near record lows against the dollar despite central bank warning

CNN 29 Sep 2022
The yuan — also known as the renminbi —has been declining for months despite interventions by China’s central bank ...China still holds a large amount of foreign exchange reserves and banks’ net overseas assets, accumulated from strong inflow pressures from mid-2020 to 2021, which could also serve as buffers for outflows,” they added.

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A fighter jets Chengdu J-20 during 2022 Changchun Air Show, Jilin Province, China
Creative Commons / N509FZ
In this photo taken from video provided by the Ukrainian Presidential Press Office, Ukrainian President Volodymyr Zelenskyy speaks to the nation in Kyiv, Ukraine, Sunday, Feb. 27, 2022.
AP / Ukrainian Presidential Press Office