Latest News for: Bank assets


Current Condition Of Commercial Banks’ Assets (National Bank of Georgia)

Public Technologies 26 Oct 2021
Current Condition Of Commercial Banks' Assets 25 October, 2021 ... The banking sector's equity capital equals 7.28 billion GEL, which makes up 12.43 percent of the commercial banks total assets.

Afghan Protestors: Nation's Bank Assets Should Be Released

Tolo News 26 Oct 2021
A number of Afghans on Tuesday held a demonstration in Kabul and asked the international community to release Afghanistan’s financial assets. The demonstrators stated the frozen assets belong to Afghanistan’s people ... community to release Afghanistan’s assets.

U.S. regulators exploring how banks could hold crypto assets - FDIC chairman

Reuters 26 Oct 2021
officials are looking to provide a clearer path for banks and their clients that are looking to hold cryptocurrencies, in order to keep control over the fast-developing asset ... bank regulators is trying to provide a roadmap for banks to engage with crypto assets.

Breaking: U.S. Regulators Exploring How To Allow Banks To Hold Bitcoin

Bitcoinist 26 Oct 2021
Included within the roadmap are potential rules over how a bank can hold the crypto-asset, its custody, clients trading with crypto-based products, BTC, and others use as collateral to take loans and others ... assets, use crypto assets, digital assets as some form of collateral.

FDIC Chairman: US Regulators Exploring How Banks Could Hold Bitcoin

Bitcoin Magazine 26 Oct 2021
Banks' BTC holdings could be used for client trading, as collateral for loans, or held as assets in their balance sheets.U.S ... banks to hold BTC in their balance sheets, a scarce asset that has the power to counteract the huge amounts of debt such institutions issue.

Axis, Kotak Mahindra Bank report lower NII growth in Q2

Live Mint 26 Oct 2021
Axis Bank and Kotak Mahindra Bank reported lower year-on-year growth in net interest income (NII) in the second quarter as loan disbursements picked up towards the end of the quarter ... Axis Bank’s asset quality was steady as gross non-performing assets as a percentage of the total book declined sequentially by 32 basis points to 3.53%.

UBS third-quarter earnings driven higher by fees from wealthy clients

Live Mint 26 Oct 2021
Switzerland’s largest bank reported higher fees from wealthy clients and from corporate deal making. Its $2.3 billion in profit easily topped analyst profit estimates of around $1.6 billion, though the bank warned client activity would likely slow in the final three months of the year ... Profit in its investment bank rose 32% in the quarter.

US banking regulators are developing clearer guidelines for banks that deal with cryptocurrencies, report says

Business Insider 26 Oct 2021
On a conference panel earlier, McWilliams also said she wants regulators to lay out a way ahead for banks to use crypto assets as a form of collateral and how banks can hold them on their balance sheets ... Despite the lack of regulatory clarity, major banks in the US have not shied away from offering services related to digital assets.

Saxo Bank Expands Crypto Offerings to Meet Growing Demand

Inside Bitcoins 26 Oct 2021
The Commercial Owner for the Trader segment at the bank commented on this expansion, stating that, “Saxo Bank set out to provide a product which offers the security and ease of use associated with more traditional asset classes, coupled with the market trends and price ...

Central Bank of India reports 55% y-o-y rise in second quarter net profit

Business Line 26 Oct 2021
Central Bank of India (CBoI) reported a 55 per cent year-on-year (yoy) rise in its second quarter net profit at ₹250 crore against ₹161 crore in the year ago period, buoyed by lower loan loss provisions, write-back in provisions for standard assets, among others ... The bank received ...

FDIC chair says the agency is focused on developing ‘clear guidance’ for banks’ crypto activities, stablecoins

The Block 26 Oct 2021
"Through this process, the agencies are coordinating policies for how and under what circumstances banks can engage in activities involving crypto assets." ... "That oversight should rest on the foundation that stablecoins issued from outside the banking sector are truly backed 1.1 by safe, highly liquid assets," she continued, going on to remark..

PDIC to bid out Mindanao agri lots on November 26

Journal Online 26 Oct 2021
As liquidator, the PDIC disposes of various closed bank assets through public biddings and negotiated sale. Proceeds from the liquidation of closed banks’ properties are added to the pool of liquid assets of these banks for distribution to uninsured depositors and other creditors subject to the rules on concurrence and preference of credits.

RAKBank reports Dh534.7 million 9-month net profit

Gulf News 26 Oct 2021
Bank’s total income decreased by 11.5 per cent to Dh2.43 billion, compared to the same period last year, mainly due to a decrease in net interest Income and net income from Islamic financing by Dh342.5 million on account of the lower mix of high yielding assets ... Asset quality ... The common equity tier 1 ratio of the bank stood at 16.7 per cent.

Cache Bank sale OK’d by state

The Tribune Greeley 26 Oct 2021
The Colorado State Banking Board approved the acquisition on Oct ... Cache has $115 million in assets and Mountain Valley has about $350 million, Mountain Valley Bank President Wade Gebhardt said ... The new, combined Mountain Valley Bank is part of a multi-state system with some $2 billion in assets ... Cache Bank & Trust had a Denver location at the time.

JB Financial Group posts record net profit until Q3

Korea Times 26 Oct 2021
While JB Asset Management contributed to creating 5.96 billion won of net profit during the first three quarters of this year, the group's second-tier subsidiary company Phnom Penh Commercial Bank (PPCB), a public bank of Cambodia, has also posted a cumulative 13.7 billion won in net profits so far this year.