Bank
Eurozone bank lending stagnated again in February
BANK lending to eurozone companies and households continued to stagnate last month, with high interest rates likely to have discouraged borrowers as well as lenders, European Central Bank data...
Bank of Korea warns of economic hit if property slump lasts
THE Bank of Korea (BOK) warned on Thursday (Mar 28) that a further slump in the real estate sector would undermine broader economic activity, as it pointed to worsening...
Bank of Japan board divided on economy’s strength upon stimulus exit, March summary shows
BANK of Japan policymakers were divided on whether the economy was strong enough to weather an exit from ultra-loose monetary policy, a summary of opinions at the bank’s March...
Bank of England steps up scrutiny of private equity and bank valuations
THE Bank of England said on Wednesday (Mar 27) it was taking a deeper look at risks from the opaque private equity sector, and why valuations of Britain’s main...
Top China bank ICBC reports flat 2023 profit
INDUSTRIAL and Commercial Bank of China Ltd (ICBC) posted a 0.79 per cent rise in 2023 net profit, the world’s largest lender by assets said in a filing on...
China’s Bank of Communications posts slight profit gain, warns of property risks
CHINA’S Bank of Communications (BoCom), said on Wednesday (Mar 27) it needed to improve risk control of its property-sector related business, after posting tepid 2023 profit growth.BoCom, the first...
India central bank keen to build up record high FX reserves
INDIA’S central bank will keep building its forex reserves as it seeks to build larger buffers, and strong inflows into the country’s equity and debt markets give it an...
Swiss chocolatiers bank on the Easter bunny as cocoa costs soar
SWISS chocolatiers have a battle on their hands as Easter rolls around, with surging cocoa prices sending their costs soaring and consumers cutting back as inflation hits their pockets.Cocoa...
