Posts Tagged ‘banks’
Still confused over parameters to set the rate.
Banks have asked the Reserve Bank of India (RBI) for flexibility in selecting the parameters for calculating the base rate during the first year of the new regime.
Bankers, who met
Fitch Ratings has today affirmed Abu Dhabi Commercial Bank’s (ADCB) Support Rating at ‘1′. The rating reflects the extremely high probability of support, should it ever be required, from the UAE authorities and the Abu Dhabi government, reflecting ADCB’s
Malaysian banks’ valuations remain “compelling” even after their recent rally because of rising net interest margins and improving earnings outlook, said BNP Paribas.
Banks are trading “below historical averages,” BNP said in a report today.
Canadian lenders including Royal Bank of Canada may find it easier to tap the $3.25 trillion covered bond market as proposed laws increase demand from European investors.
The federal government said in its March 4 budget that it would add leg
Still confused over parameters to set the rate.
Banks have asked the Reserve Bank of India (RBI) for flexibility in selecting the parameters for calculating the base rate during the first year of the new regime.
Bankers, who met
The UAEs Bank of Sharjah plans to join forces with Frances biggest lender BNP Paribas to tap the fast-growing Middle Eastern market for the very rich, the companys general manager said yesterday.
The two banks are in the final stages of setting
For banking stocks, Budget 2010-11 was a great booster. In the last five days’ trading sessions after the Budget, the 18-stocks Bankex increased 7% as compared with the 4.5% rise in the benchmark 30-share BSE Sensex.
The markets reacted posit
Close on the heels of Sharjah-headquartered United Arab Bank (UAB) and National Bank of Umm Al Quwain (NBQ) having revised downwards their cash dividend pay-outs, Sharjah Islamic Bank (SIB) is also preparing to prune its cash divided already proposed by i
In Abu Dhabi, explorer and producer Dana Gas PJSC gained after announcing two gas discoveries in Egypt. Its share price increased 3.7 per cent to Dh0.84, the highest since January 5.
But overall banks lead the Abu Dhabi Securities Exchange’s Ge
Asian stocks went into reverse on Thursday after four days of gains, amid renewed concerns that tighter Chinese monetary policy could slow economic growth in the region.
Shanghai led the way lower after Industrial Bank forecast that its new len
