EU weighs cutting 20 banks from Swift in new Russia sanctions
The European Union (EU) is considering cutting more than 20 banks from Swift, the international payments system, as well as ...
Tag: Banks
Trust Bank’s FY2024 net interest income soars 124.7% to S$72.8 million; losses narrow
Deposit balances double to S$3.8 billion, from S$1.9 billion a year ago, attributable to the launch of Trust+ Trust Bank ...
Trust Bank’s FY2024 loss narrows to S$93.4 million
Deposit balances double to S$3.8 billion, from S$1.9 billion a year ago, attributable to the launch of Trust+ Trust Bank ...
Thai banks’ bad loans rise to 2.9% in Q1
Published Tue, May 20, 2025 · 04:21 PM Thai banks’ non-performing loans rose to 2.90 per cent of outstanding loans ...
China banks cut deposit rates to aid margins, drive spending
MAJOR Chinese banks cut deposit rates again, in the latest efforts to preserve their shrinking profitability and drive consumers to ...
Grand Banks Yachts Q3 profit falls 42.4% to S$2.3 million on weaker margins, higher costs
Grand Banks Yachts posted a 42.4 per cent drop in net profit to S$2.3 million for the third quarter ended ...
Richest Thai man raises top bank’s stake to be No 3 shareholder
Kasikornbank is the country’s second-biggest lender with total assets of 4.4 trillion baht Published Mon, May 19, 2025 · 12:36 ...
Goldman Sachs leads in a patchy year for foreign banks in Japan
Goldman Sachs was among the major global banks to post a lower profit in Japan last year, pulling back from ...
Foreign banks sell record Indian sovereign debt as tensions rise
Foreign banks sold a record amount of Indian government bonds on Thursday (May 8), as a growing border conflict with ...
Singapore banks set aside extra allowances to account for heightened uncertainty
The local banking trio have taken extra allowances in their first-quarter 2025 results amid a rise in uncertainty in the ...
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