Latest News for: Privat bankers

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India's digital rupee fails to excite interest, bankers say

The Times of India 02 Dec 2022
A month into India's pilot project for using an official digital rupee for inter-bank and institutional transactions, stakeholders are seeing no benefits, several bankers said ... "I don't think once the pilot is concluded, without any RBI pressure, banks will want to use it," the private banker said.
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Experts Urge FG to Boost Tax-GDP Revenue Through Digital Strategy

This Day 02 Dec 2022
Oluchi Chibuzor ... This, according to them, is necessary in view of the government’s drive to unlock revenue generation from tax administration ... The programme had in attendance stakeholders within the revenue service value chain – private citizens, tax managers, accountants, tax auditors, tax consultants, bankers, and business-owners ... .
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India’s digital rupee fails to excite interest, bankers say

Financial Express 01 Dec 2022
A month into India’s pilot project for using an official digital rupee for inter-bank and institutional transactions, stakeholders are seeing no benefits, several bankers said ... “I don’t think once the pilot is concluded, without any RBI pressure, banks will want to use it,” the private banker said.
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Bank credit to NBFCs jumps 38% in October

Live Mint 01 Dec 2022
Bankers said the surge in loan disbursal to NBFCs is due to the rising loan demand witnessed by non-bank lenders from their customers after two years of covid-19 ... However, rising economic activity led to a demand surge, said a private sector banker, seeking anonymity.
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On the move: New hires and promotions in the Chattanooga area

Chatanooga Times Free Press 01 Dec 2022
Josh Summers is the new director of business development (training and consulting) for Peak Performance Inc ... S. Marine Corps ... Sequan Born Spigner joins First Horizon Bank as vice president and private client relationship manager. Spigner comes to First Horizon after serving as a relationship banker before moving into banking leadership at Regions Bank.
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Time for Africa’s banks to finance continent’s dev’t – IFC

B & FT Online 30 Nov 2022
AFIS is positioned as a key forum for dialogue between representatives of the public (ministers of economy and finance, central bankers, regulators) and private sectors (heads of the largest financial institutions, bankers, insurers, fintech and mobile money operators, and capital markets).
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Pending home sales fall for fifth straight month

The Hill 30 Nov 2022
  ... Additionally, mortgage rates for most other loan types declined,” Joel Kan, Vice President and Deputy Chief Economist for the Mortgage Bankers Association said in a statement. . Private hiring slows in November to just 127,000 jobs AFL-CIO urges Congress to add paid sick leave to rail contract ... .
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Structural Adjustment: How The IMF And World Bank Repress Poor Countries And Funnel Their Resources ...

Bitcoin Magazine 30 Nov 2022
private banks started to believe (correctly) that the IMF would bail out countries if they defaulted, protecting their investments ... According to official IMF history, “private bankers envisaged the dreaded possibility of a widespread repudiation of debts, such as had occurred in the 1930s.
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Jet Airways creditors at odds with owners over recovery plan, say sources

The Times of India 29 Nov 2022
Creditors may approach India's aviation ministry to seek approval to liquidate Jet's assets if there is no resolution on Tuesday in a critical court hearing, a senior banker said ... Once India's biggest private airline, Jet ceased flying in April 2019 after it ran out of cash.
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Metrobank gets award for strong 2022 balance sheet

Manila Standard 28 Nov 2022
Apart from the back-to-back award from The Asian Banker, Metrobank also received multiple accolades from different global experts such as “The Best Bank in the Philippines” by Euromoney, “Best Corporate Bank” and “Best Domestic Private Bank” by Asiamoney, “Most Helpful Bank ...
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Jet Air lenders, new owners lock horns, puts its future in limbo

The Telegraph India 28 Nov 2022
Creditors may approach India’s aviation ministry to seek approval to liquidate Jet’s assets if there is no resolution on Tuesday in a critical court hearing, a senior banker said ... Once India’s biggest private airline, Jet ceased flying in April 2019 after it ran out of cash.
photo: AP / Hussein Malla
An anti-government protester smashes a bank widow, during ongoing protests against the Lebanese central bank's governor and against the deepening financial crisis, at Hamra trade street, in Beirut, Lebanon, Tuesday, Jan. 14, 2020
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Lebanese hold up banks to claim their own money in financial crisis

The Jerusalem Post 28 Nov 2022
“When a depositor is dying at the gates of the hospital while the bank keeps their money and the bankers spend it on private planes, that is not right,” Ollaik told The Media Line.

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Meeting between Prime Minister Sanna Marin and Chancellor Scholz on 16 March 2022
Flickr / FinnishGovernment / CC BY 2.0 https://creativecommons.org/licenses/by/2.0/
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