January 2024 - Page 18

The Reserve Bank of India (RBI) has revised its definition of Politically-Exposed Persons (PEPs) under its Know Your Customer (KYC) norms. The previous definition of PEPs was open-ended and lacked clarity, which

Preferred Bank recently announced a dividend of $0.7 per share, payable on January 22, 2024, with an ex-dividend date set for January 5, 2024. Preferred Bank is a commercial bank located in

There are many opportunities for banks across various business lines and customer segments, including commercial lending, wealth management, small business services, and international expansion. Banks can significantly simplify and expedite commercial loan

HDFC Bank Q3 business update: Gross advances grow 62.4%, retail loans 111% up HDFC Bank has reported significant growth in its gross advances and retail loans in the third quarter of FY24.

Absa Bank Uganda has announced a new campaign aimed at supporting both businesses and individuals in achieving their plans and goals for 2024. The three-month campaign, titled “Jooga2024 Ne Absa” for individuals

TLDR: Torm, a Danish product tanker owner, plans to sell a five-year senior unsecured bond to finance its acquisition of eight LR2 tankers. The net proceeds from the bond sale will be

Ooredoo, in collaboration with the Commercial Bank, has introduced a direct debit solution through the CBQ Mobile App. This partnership aims to provide customers with an automated payment system for their Ooredoo

The National Bank of Egypt (NBE) and Banque Misr will offer new savings certificates with returns of 23.5% and 27% through their branches starting from Monday. The certificates are issued in denominations

The Reserve Bank of India (RBI) has expanded the eligibility criteria for issuers of commercial papers (CPs), a move that is expected to increase the number of issuers and supply of short-term

Ann Dora Garner, the vice president of operations at Commercial Bank in Ozark, has retired after 43 years of service. Garner began her career at the family-owned bank right after high school,