“Net new card additions increased in December 2024, indicating an improved sentiment. However, the overall view remains ...

THE BANGKO SENTRAL ng Pilipinas’ (BSP) net income grew by more than five times to P113.1 billion in the first 10 months of 2024 as its revenues surged amid higher interest earnings. The central bank’s ...

Some large Indian lenders’ earnings have been more robust. Kotak Mahindra Bank’s shares jumped more than 9 per cent on Monday after it posted a 10 per cent rise in quarterly profit, even as money set ...

The Bangladesh Bank is set to enhance loan provisioning and shock-absorbing capacity in the banking sector by implementing a new provisioning system aligned with international best practices.

The government has decided to issue Tk 3,000 crore worth of sukuk, a Shariah-compliant bond, in March to fund the construction of bridges to connect rural roads.

The Bangladesh Bank issued a roadmap for scheduled banks to implement an expected credit loss (ECL) methodology-based provisioning system that aligns with international financial reporting standards ...

Expatriates can also invest in the Social Impact Sovereign Sukuk, BGIS-5, in foreign currencies, along with residents of the country, according to a circular issued by the central bank today (23 ...

US President Donald Trump issued a blunt warning to global elites in a video appearance at the World Economic Forum in Davos on Thursday: Make your products in the United ...

BankUnited, Inc. (NYSE:BKU), a mid-cap bank with a market capitalization of approximately $3 billion operating in the financial services sector, has been garnering attention from analysts due to its ...

Singapore’s central bank eased its monetary policy for the first time in nearly five years, saying economic growth is likely to slow this year and inflation will stay contained.

China’s central bank kept a key policy rate steady while injecting liquidity into the financial market, signaling that it may hold benchmark rates unchanged for longer.

The new EO will also establish a presidential working group to create a federal regulatory framework governing digital assets (including stablecoins), and evaluate the creation of a strategic national ...