Latest News for: Assets bank generale

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Julius Baer embarks on 5-yr transformation strategy

Financial Express 15 Aug 2022
We want to triple our real assets,” Malhotra said.Also Read ... Sponsor banks set up panel for massive tech upgrade at RRBs ... It generally banks with ultra high net worth individuals who have investable assets of Rs 25-100 crore, even though a customer could start an account with Rs10 crore.
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Banks Only! SARB keeps banking sector exclusive

Independent online (SA) 14 Aug 2022
... and that only banks registered in terms of the Banks Act must be invited to bid for the assets and liabilities of Ubank, a substantial portion of which liabilities are deposits from the general public that can by law only be held by registered banks,” said KPMG’s Zola Beseti.
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Q1 earnings a mixed bag for PSBs

Financial Express 07 Aug 2022
Banks increase RLLR rates ... State Bank of India (SBI) on Saturday reported a 7% decline in its profit ... Fast-track asset transfers to bad bank, IBA tells lenders ... PNB’s performance on the asset quality has generally lagged peers with segmental NPAs being much higher than peer PSBs, Kotak Institutional Equities said.
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ARB Apex Bank holds 20th AGM; records mixed performance in indicators

B & FT Online 05 Aug 2022
Total assets of the bank decreased by 6.6 percent from GH¢751.9million recorded in 2020 to GH¢702.3million in 2021 ... Asset quality, however, continued to reflect the general pandemic-induced repayment challenges, as well as some bank-specific loan recovery challenges.
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General Atlantic hires Durham for tech buyouts

Reuters 05 Aug 2022
General Atlantic sees opportunities to ... General Atlantic, which has about $79 billion of assets under management, is known for its investments in high-profile startups such as Uber Technologies Inc (UBER.N), Airbnb Inc (ABNB.O) and ByteDance, the owner of short video app TikTok.
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SBP imposes Rs131.4 million in fines on 3 banks over regulatory violations

Dawn 04 Aug 2022
The highest fine of Rs85.148m was imposed on JS Bank Limited for “violation of regulatory instructions pertaining to CDD/KYC, asset quality, FX and general banking operations”, according to available on the SBP’s website ... The third bank penalised ...
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General Atlantic hires Durham for tech buyouts-sources

FX Empire 04 Aug 2022
General Atlantic declined to comment while Durham did not immediately respond to a request for comment ... General Atlantic, which has about $79 billion of assets under management, is known for its investments in high-profile startups such as Uber Technologies Inc, Airbnb Inc and ByteDance, the owner of short video app TikTok.
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Lenders extend deadline to submit resolution plan for Reliance Capital for fifth time

Financial Express 03 Aug 2022
Under Option-2, bidders can bid for 8 different businesses/clusters of Reliance Capital Ltd (RCL), including general insurance, life insurance, asset reconstruction and securities business. The Reserve Bank of India (RBI) had on November 29 last year superseded the board of RCL in view of payment defaults and serious governance issues.
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ARB Apex Bank purchases customised armoured bullion vans to secure funds, security personnel

Business Ghana 01 Aug 2022
Presenting his report, he said in the year under review, total assets of the bank grew by 20.4 per cent to GH¢179.8 billion as at December 2021. Asset quality, however, continued to reflect the general pandemic-induced repayment challenges as well as some bank-specific loan recovery challenges.
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Reliance Capital bidders seek extension of deadline to submit resolution plan

Financial Express 31 Jul 2022
Few bidders, including Piramal, Torrent, Oaktree and IndusInd Bank, have written to the administrator seeking an extension of the deadline from existing August 10 to September 15 ... Under Option-2, bidders can bid for 8 different businesses/clusters of RCL, including general insurance, life insurance, asset reconstruction and securities business.
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Reliance Capital Resolution Plan: Deadline for submission likely to be extended | Mint

Live Mint 31 Jul 2022
Few bidders, including Piramal, Torrent, Oaktree and IndusInd Bank, have written to the administrator seeking an extension of the deadline from existing August 10 to September 15 ... Under Option-2, bidders can bid for 8 different businesses/clusters of RCL, including general insurance, life insurance, asset reconstruction and securities business.
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India needs to balance growth with macro stability: Kotak

The Times of India 29 Jul 2022
"As a responsible, homegrown ecosystem, we cater to the diversified financial needs of our customers in addition to banking and financing, be it mutual funds, insurance (life and general), investment banking, institutional and retail broking services, investment advisory, alternate assets, et al," he said.
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BNCCORP, INC. REPORTS SECOND QUARTER NET INCOME OF $2.0 MILLION, OR $0.56 PER DILUTED SHARE

Victoria Advocate 29 Jul 2022
Nonperforming assets were $1.4 million on June 30, 2022, down from $1.7 million on December 31, 2021 ... Asset Quality ... The Common Equity Tier 1 ratio, which is generally a comparison of a bank's core equity capital to its total risk weighted assets, is a measure of the current risk profile of the Bank's asset base from a regulatory perspective.
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Akuapem Rural Bank records impressive growth; posts 354% increase in profit

B & FT Online 27 Jul 2022
Total assets of the bank grew by 11.16 percent from about GH¢ 94.5million in 2020 to GH¢105.5million in 2021 ... Asset quality, however, continued to reflect the general pandemic-induced repayment challenges, as well as some bank-specific loan recovery challenges.
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A UK Banking Giant Turns to the Cryptocurrency Industry Amidst Bearish Market

Coin Idol 25 Jul 2022
UK financial giant Barclays is looking to invest in a cryptocurrency project ... Given the general reluctance of traditional banking, the fact that an industry giant has joined the digital asset market could reduce the level of hostility while encouraging other traditional banking players to explore the disruptive potential of cryptocurrencies. .

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TikTok, known in China as Douyin, is a video-sharing social networking service owned by ByteDance, a Beijing-based Internet technology company founded in 2012 by Zhang Yiming, July 17, 2020.
Creative Commons / Pixabay/ Solen Feyissa
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