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updated Fri. January 19, 2018

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Chief Executive Officer of Energy Commercial Bank, Christiana Olaoye for her part said "We have re-positioned the bank to offer retail and commercial banking customers through new product offerings targeted at their peculiar financial needs, and through offering advisory support services. We are focused ...
Kuala Lumpur: The Association of banks in Malaysia (ABM) yesterday said loans approved by its member banks are assessed stringently and in accordance to their internal approving guidelines and procedures. In response to a recent article published by an online portal titled, "Easy access to loans ...
ZAGREB, Jan 16 (Hina) - Total deposits with commercial banks in Croatia reached 271.8 billion kuna at the end of November 2017, an increase of 2.6% over the same period in 2016, Raiffeisenbank Austria (RBA) says in a report, citing figures from the Croatian National Bank (HNB). Compared with ...

Abraham said: "Client experience is a differentiator that sets Commercial Bank apart. Sadara is Commercial Bank's premium banking service and our overriding objective is to provide our most valuable and important clients with a high-end banking experience through highly tailored banking solutions and ...
Signage and other legacy branding at Commercial Bank and Trust's branches in LaGrange, Troup County will be updated with Synovus branding by Jan. 19. Commercial Bank and Trust is among the first of Synovus' 26 non-Synovus branded bank divisions to complete the footprint-wide brand transition, ...
Commercial BancGroup, Inc., holding company of Commercial Bank based in Harrogate, Tennessee, announced four new branches that opened Jan. 2 with the introduction of a new Morristown branch located at 225 West 1st Street, Morristown, Tennessee, and the finalized purchase of citizens Bank with ...
According to an announcement by the Vietnam Depository Securities Centre, StanChart Subsidiaries Standard Chartered APR Ltd and Standard Chartered (Hong Kong) Ltd transferred their combined 154.1 million shares in the Vietnamese bank. Standard Chartered APR transferred shares equivalent to an ...
Of course, there is a problem that people don't take note of, often times; a microfinance bank wants to compete with a commercial bank. You are not dealing with the same set of people, if we are competing with them, you will go for the wrong customers. There are people that come here and we say no we ...
Deposit money banks and all Microfinance banks in the Federal capital Territory received a target from the central bank of Nigeria towards achieving the 80 per cent financial inclusion target for all adult population in Nigeria by 2020. The apex bank also inaugurated a Financial Inclusion State Steering ...
Sri Lankan Commercial Bank of Ceylon has partnered with cement manufacturer INSEE Cement to release a new loyalty debit card for dealers, dubbed INSEE Illakkaya Loyalty Debit Card. Available in Debit Gold and platinum variants, the chip-enabled card with NFC 'tap & go' technology is linked to the ...
After gross irregularities in disbursing Tk 7 billion in loans by the NRB Commercial Bank surfaced in 2016, the central bank appointed an observer to the lender. In March 2017, the central bank served notice on the bank's chairman and the managing director. It said the board led by Farasath Ali has failed to ...
Uzbek President Shavkat Mirziyoyev has banned the country's central bank from participating in the management of commercial banks, through its share in their authorized capital and as part of supervisory boards, the Central Bank told Trend Jan. 11. To date, the Central Bank owns a stake in Halyk Bank ...
Bangkok, Thailand - Media OutReach - 10 January 2018 - Siam Commercial Bank Public Company Limited ("SCB"), a leading bank in Thailand, and Prudential Life Assurance (Thailand) Public Company Limited ("Prudential Thailand"), a subsidiary of UK-based Prudential plc, have agreed to establish ...
Legacy systems are preventing nearly two thirds (64%) of US commercial banks from developing Fintech applications, research commissioned by Fintech provider Fraedom has revealed. Interestingly, 82% of the respondents that highlighted this concern were shareholders. Over half of those polled also ...

When it comes to Blockchain technology, Alfa-Bank, the largest commercial bank in Russia is no amateur. Amidst a wave of Blockchain initiatives conducted by Alfa Bank last year, comes the news of collaboration with HashCash Consultants. This collaboration involves creating a payment router and ...
Thai bank Commercial Bank and Prudential Life Assurance (Thailand), a subsidiary of UK-based Prudential plc, have agreed to establish a bancassurance partnership to jointly develop and provide insurance solutions for SCB's wealth segment customers. Effective February 1st, the partnership will provide ...
Dubai, Jan 9 (Reuters) - Abu Dhabi Commercial Bank (ADCB), the emirate's second-largest bank by assets, raised $540 million through the sale of a Formosa bond, sources told Reuters on Tuesday. ADCB has been among the most active gulf banks in the Formosa market in the past year or so. Formosa ...
Uzbekistan's Open Joint-Stock Innovation Commercial Bank Ipak Yuli paid out income on corporate bonds for the fourth quarter of 2017 in the amount of 3.25 percent to their face value, which amounts to 1 million soums, Nafal Mavlyanov, head of the bank's securities department, told Trend. Income on ...
An international credit rating agency, Fitch Rating has predicted that commercial banks operating in Nigeria may find it challenging to sustain profitability in 2018, given the decline in net Treasury Bill (T-bill) issuance programme in the first quarter of 2018. The rating agency noted that the central bank of ...
Commercial BancGroup, Inc., holding company of Commercial Bank based in Harrogate, announced four new branches that opened Jan. 2 with the introduction of a new Morristown branch located at 225 West 1st Street, Morristown, and the finalized purchase of citizens Bank with its three branch locations ...
Doha: Public sector commercial bank deposits increased to QR308.3bn, showing an increase of 73.3 percent compared to same month in 2016 and a rise of 3.3 percent compared to October 2017. The population of Qatar increased from 2.64 million in November 2016 to over 2.68 million at end of ...
The China Banking Regulatory Commission released strict new rules for entrusted loans in commercial banks, which has basically made the use of entrusted loan funds off-limits, China News Service reported. According to the new directives, entrusted loan funds cannot be used for investment in bonds, ...
Vietnam's commercial banks reported solid results for 2017 with the total after-tax profit estimated to grow 44.5 percent from the previous year, according to an independent report of the National Financial Supervisory Commission. commercial banks report high profits in 2017, vietnam economy, business ...
Xeno technologies, an investment firm, is eyeing to tap into customers' savings sitting at several commercial banks with intent to help them ... In August last year, MTN Uganda and Commercial Bank of Africa reported that they had released Shs 30 billion to subscribers through the Mokash platform. This has ...
A single investor can hold 5 per cent or more, considered a major shareholding, of no more than two commercial banks, or a controlling stake of no more than one lender, the rules state. Any stake purchase of more than 5 per cent must be approved by the CBRC and major shareholders of commercial ...
The BoE indicated it dropped the plans over concerns that the public might stop using commercial bank accounts and move on to BoE's digital payments system for transactions and purchase of goods. A mass move to the BoE cryptocurrency might lead to commercial banks running out of cash to lend, ...
Chongqing Rural Commercial Bank, one of China's largest lenders to farmers and small businesses, said its A-share IPO application has been accepted by China Securities Regulatory Commission, marking a major step for the first Hong Kong-listed lender to return home. It is among a growing number of ...
Commercial Bank, Qatar's first private bank, has conducted a number of outreach activities to include the wider Qatari community as part of its National Day celebrations. Volunteers from Commercial Bank visited the children's floor at Al Wakrah hospital, many independent schools, international schools and ...
Arnold Campbell, left, congratulates Sue Messer on her retirement from Commercial Bank of Grayson after 45 years of service. (Photo Jeremy D. wells). Sue Messer, a loan and mortgage officer, retired from Commercial Bank of Grayson after 45 years of service. She started as a teller with the bank before ...
THE South African Reserve Bank (SARB) has released the list of commercial bank branches that will be able to exchange mutilated banknotes and those that have been withdrawn from circulation. From 1 January 2018, the public will no longer be able to exchange mutilated banknotes and banknotes ...
KAMPALA, Dec 28 (Reuters) - The Ugandan shilling weakened on Thursday, undercut by a surge in demand for dollars by commercial banks looking to cover short positions ahead of year's close. At 0908 GMT commercial banks quoted the shilling at 3,625/3,635, weaker than Wednesday's close of ...
"Not only are we able to extend our products, services and proven commitment to our new Claiborne County customer base, but we also are thrilled to bring the love of community for which Commercial Bank is known to Hamblen County with the simultaneous opening of two branches in Morristown," said ...
Beijing, Dec. 29 (Xinhua) -- China's central bank said Friday that national commercial banks will be allowed to use part of their cash reserves to meet the rising cash demand ahead of the upcoming Chinese Lunar New Year. The People's Bank of China said in a statement that national commercial banks ...
Towns usually spread their deposits -- most of which are electronic -- across several commercial banks, including Bridgehampton National Bank and Gold Coast Bank. The banks must be approved by town boards and meet several requirements, such as having the ability to post collateral for the towns' ...
Commercial Bank of Africa has blamed an outage that affected thousands of Mshwari customers earlier this week on an emergency upgrade. "On Saturday, December 23, 2017 at 4pm we noted technical problems with our M-Shwari Service which resulted in our customers not being able to efficiently ...
THE South African Reserve Bank (SARB) has released the list of commercial bank branches that will be able to exchange mutilated banknotes and those that have been withdrawn from circulation. From 1 January 2018, the public will no longer be able to exchange mutilated banknotes and banknotes ...
In June, BNR had brought the rate down from 6.25 per cent. BNR's motive is to give commercial banks cheaper loans with the expectation that the latter will do the same to their customers and extend more loans, but that has yet to materialise. The average interest rate in commercial bank is around 19 per ...
KAMPALA, Dec 28 (Reuters) - The Ugandan shilling weakened on Thursday, undercut by a surge in demand for dollars by commercial banks looking to cover short positions ahead of year's close. At 0908 GMT commercial banks quoted the shilling at 3,625/3,635, weaker than Wednesday's close of ...
Commercial Bank Group CEO Joseph Abraham said, "As a leading company in Qatar's private sector, CSR is integral to our business and we have a responsibility to give back to the Qatari community. Qatar National Day is a proud day in Qatar's history that all Qataris should be able to enjoy, including ...
The stock of SIAM COMMERCIAL BANK (OTCMKTS:SMCBF) registered an increase of 55.34% in short interest. SMCBF's total short interest was 1.72M shares in December as published by FINRA. Its up 55.34% from 1.11 million shares, reported previously. The stock decreased 10.23% or $0.48 during the ...
The commercial banks of Uzbekistan agreed to reduce the cost of services provided to citizens. The tariff policy was revised jointly with the Association of banks, the central bank of the Uzbekistan reported on Dec.19. Thus, out of 187 types of banking services 63 should be provided free of charge, and for ...
As a HK$ 2.43T market capitalisation bank, Industrial and Commercial Bank of China Limited (SEHK:1398) is well-positioned to benefit from the improving credit quality as a result of post-GFC recovery. A borrower's demand for, and ability to repay, loans is driven by economic growth which directly impacts ...
Dubai financial market (DFM) announced on Tuesday the listing of Bahrain's Khaleeji Commercial Bank (KHCB) as trading commenced on the bank's shares. This listing lifts the total number of listed companies on the bourse to 64. It also lifts the number of dual listings to 14 including four Bahraini ...
Commercial Bank has announced the third monthly winners of its "Save & Win Campaign" that rewards savers with 365 cash prizes throughout the year including 33 customers won this month in Commercial Bank's "Save & Win" Campaignluding a QR1m grand prize draw. 29 monthly winners for November ...
The FINANCIAL -- The EBRD is partnering with Jordan Commercial Bank (JCB) to support the development of small businesses in Jordan with a US$ 10 million financing package. A US$ 10 million credit line will be used for on-lending to local micro, small and medium-sized enterprises (MSMEs), which ...
ANZ Bank New Zealand today announced it has completed the sale of its 20% stake in Shanghai Rural Commercial Bank (SRCB), originally announced in January 2017. As part of the Group's broader capital management plan, ANZ now intends to buy-back up to $1.5 billion of shares on-market. ANZ Chief ...
Commercial Bank EGM (consumer Banking) Amit Sah said: "This campaign rewards customers for banking and saving with Commercial Bank and the event was a wonderful opportunity to meet our customers in an enjoyable and fun-filled setting. Winners are announced each month and a number of cash ...


 

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