China Central Bank To Roll Over Lending Tools To Trigger Growth
China’s central bank said on Sunday it will extend the use of three lending tools to enhance support for targeted sectors of the economy. The People's Bank of China will ...
Advertisements
Tag: Bank
ABN Amro Registers Digital Bond On Public Blockchain
ABN Amro has become the first bank in Europe to register a digital bond for a Midcorp client on the public blockchain. Issued to a small group of investors, the ...
HDFC Bank, India’s Largest Private Lender, Said Net Profit Exploded By 18.5%
HDFC Bank (HDBK.NS), India's biggest private lender, on Saturday posted an 18.5% jump in net profit for the fourth quarter of 2022, helped by higher top-line and healthy loan growth. ...
World Bank Cautions Global Economy Could Plunge Into Recession In 2023
The World Bank cut its 2023 growth forecasts on Tuesday to levels teetering on the verge of recession for many countries as the fallout from the central bank rate rises ...
Swiss National Bank Reports Record $143 Billion Loss In 2022
The Swiss National Bank reported an annual loss of 132 billion Swiss francs ($143 billion) last year, it said on Monday, the greatest in its 115-year history as falling stock ...
Israel Regulator Grants License To Investors To Establish New Digital Bank
Israel's banking regulator on Sunday awarded a conditional license and control permit to a group of entrepreneurs to set up a new online bank, the second addition to the greatly ...
Commonwealth Bank Introduces Credit Score Hub
Commonwealth Bank announced on November 25 that it wants to launch a new credit score hub to enable millions of clients to readily view and access their Experian credit score ...
HKMA Acquires HK$3.054B From Market As Currency Weakens, Aggregate Balance Below HK$100B
Hong Kong's de-facto central bank purchased HK$3.054 billion ($389.1 million) from the market in New York trading hours to stop the local currency from dropping below its peg to the ...
The Bear Market Blues: A Diagnosis For Current Times
Inflation. War. Polarization. Alarming headlines ricochet around the internet, stocks are tumbling, wealth is being lost, and the mood on Wall Street has rarely been grimmer. While some opportunists flourish ...
Russian Economy Activity Slowed Considerably At End-September – c.bank
The economic activity in Russia slowed considerably at the end of September, according to Bank of Russia Deputy Governor Alexei Zabotkin. He was speaking to legislators on October 11. However, ...