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Commercial Banking News Monitoring

  • Published on Jul 9, 2025

    CIBanco, Intercam and Vector win temporary reprieve from US money laundering sanctions

    Mexico-based financial institutions CIBanco, Intercam and Vector will have 45 more days to meet certain standards before receiving sanctions, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) announced on Wednesday.  On …

    Source: Mexico News Daily - Center-left
  • Published on Jul 9, 2025

    Mexico attracts US $3.7B in Spanish investment in Q1 2025 following record 2024

    With recent diplomatic difficulties starting to fade, Spanish foreign direct investment (FDI) in Mexico rose 69% in 2024 compared to 2023 and continues to rise, according to data from the Spanish Chamber of Commerce in Mexico (Camescom).  Mexico was the …

    Source: Mexico News Daily - Center-left
  • Published on Jul 9, 2025

    Govt projects poultry price drop as ‘Nkoko Nkitinkiti’ launch nears

    Consumers in Ghana could soon enjoy more affordable poultry products, as the government anticipates a significant reduction in prices over the next two years. This expected relief comes ahead of the official launch of the ‘Nkoko Nkitinkiti’ Project, …

    Source: CNR Citi Newsroom - Pending
  • Published on Jul 9, 2025

    FG secures $747m loan for Lagos-Calabar Highway

    The Federal Government has secured a $747 million loan to finance Phase 1 Section 1 of the Lagos-Calabar Highway. The Ministry of Finance announced yesterday that Deutsche Bank arranged the facility. Phase 1, Section 1 of the Highway is from Victoria …

    Source: The Citizen (Nigeria) - Indeterminate
  • Published on Jul 9, 2025

    EDF to invest £1.1bn in UK’s Sizewell C nuclear project

    EDF has confirmed its intention to invest up to £1.1bn ($1.49bn) in the Sizewell C nuclear power project, subject to final agreements with the UK government and other investors. The move will secure a 12.5% stake for EDF in Sizewell C and generate …

    Source: Power Technology - Neutral
  • Published on Jul 9, 2025

    Riddell National Bank to open Rockville branch

    ROCKVILLE — Established in Brazil for 140 years and with five total locations across two counties, Riddell National Bank has announced plans to expand into a new market. On Tuesday morning, Riddell officers, Parke County officials and area media gathered …

    Source: The Brazil Times - Indiana - Pending
  • Published on Jul 9, 2025

    Kotak Mahindra Bank aims asset growth at up to 2x India’s nominal GDP: CEO Ashok Vaswani

    Kotak Mahindra Bank aims to grow its assets at 1.5 to 2 times India’s nominal GDP, Managing Director and CEO Ashok Vaswani said in the private lender’s latest annual report. Brokerage firm Jefferies recently projected India’s nominal GDP growth to slow to …

    Source: The Economic Times - Center-right
  • Published on Jul 9, 2025

    Don’t aggressively push loans, keep interest rates reasonable: FM to NBFCs

    New Delhi, Jul 9: Finance Minister Nirmala Sitharaman on Wednesday asked NBFCs not to aggressively market or push loans to customers and said financial inclusion cannot be used as a pretext for “financial exploitation”. She also asked non-banking financial …

    Source: Greater Kashmir - Pro-Government
  • Published on Jul 9, 2025

    Don't aggressively push loans, keep interest rates reasonable: FM Nirmala Sitharaman to NBFCs

    Finance Minister Nirmala Sitharaman on Wednesday asked NBFCs not to aggressively market or push loans to customers and said financial inclusion cannot be used as a pretext for "financial exploitation". She also asked non-banking financial …

    Source: The Economic Times - Center-right
  • Published on Jul 9, 2025

    107 Bankers Complete SW Graduate School of Banking Three-Year Executive Education Program

    DALLAS--(BUSINESS WIRE)--Jul 9, 2025-- The SW Graduate School of Banking (SWGSB) at SMU Cox 2025 summer session on the Southern Methodist University campus wrapped up June 6, 2025, with a commencement ceremony for SWGSB Class LXVI at the George W. Bush …

    Source: Voice of Alexandria - Minnesota - Pending
  • Published on Jul 9, 2025

    JPMorgan Chase, as part of the consortium, will provide KKR with $2.38 billion to acquire Spectris

    AK&M 09 July 2025 17:35 JPMorgan Chase & Co., one of the world's largest banks, is part of a group of creditors in debt financing in the amount of 1.75 billion pounds ($2.38 billion) to finance the acquisition of the British manufacturer of …

    Source: AK&M - Pending
  • Published on Jul 9, 2025

    FG seals landmark $747m syndicated loan for Phase 1 Section 1 of Lagos-Calabar Coastal Highway

    The Federal Government has secured a $747 million Deutsche Bank-led syndicated loan to finance Phase 1 Section 1 (from Victoria Island to Eleko Village, 47.47km) of the Lagos-Calabar Coastal Highway. The Minister of Finance and Coordinating Minister of the …

    Source: Tribune Online - Center-right
  • Published on Jul 9, 2025

    First president retakes role at Rotary Club of Robbinsville Hamilton

    The Rotary Club of Robbinsville Hamilton has a new club president — same as the old president. As in, the first president that the club ever had. Stan Plytynski, who served as the first president of the Rotary Club of Robbinsville Hamilton more than three …

    Source: Community News - New Jersey - Neutral
  • Published on Jul 9, 2025

    12 banks paid no dividend despite profits last year

    Nineteen banks failed to pay any dividend to shareholders for 2024. While seven posted losses, the remaining 12 reported profits but were barred from dividend payouts due to inadequate capital and deferred provisioning for bad loans. These lenders applied …

    Source: Daily Star - Neutral
  • Published on Jul 9, 2025

    S&P sees 11-13% loan growth in next 2 years

    S&P GLOBAL RATINGS expects Philippine bank lending to grow by 11% to 13% in the next two years, supported by the country’s resilience to global tariff shifts and a growing focus on consumer loans. “The Philippine economy is expected to be resilient to …

    Source: Business World - Neutral
  • Published on Jul 9, 2025

    NCR wage hike unlikely to stoke prices

    THE P50 daily minimum wage hike for Metro Manila workers that will take effect on July 18 is unlikely to fuel inflation, according to economists. Its limited coverage means it probably won’t be inflationary compared with earlier proposals for a nationwide …

    Source: Business World - Neutral
  • Published on Jul 9, 2025

    Yields on term deposits decline further with more BSP cuts seen

    TERM DEPOSIT YIELDS continued to go down on Wednesday, even as the offer was undersubscribed, as inflation remained below target despite the slight uptick in June, supporting expectations of further Bangko Sentral ng Pilipinas (BSP) rate cuts. Total bids …

    Source: Business World - Neutral
  • Published on Jul 9, 2025

    Alma to raise $40 million from banks again

    Tbilisi (GBC) - Alma announces the issuance of bonds worth up to $40 million with a maturity of 2 years, in 2 issues ($30 million and €8.5 million), to refinance bank liabilities. The securities will also be listed on the stock exchange. The placement …

    Source: Georgian Business Consulting - Neutral
  • Published on Jul 9, 2025

    ASM secures Dhs760 million financing facility from ADCB

    Al Seer Marine (ASM), a subsidiary of IHC, has secured Dhs760 million ($207 million) financing facility from Abu Dhabi Commercial Bank (ADCB). The eight-year facility is secured through first-priority mortgages over a selected group of operating vessels, …

    Source: Gulf Today - Pro-Government

04 days 05:09:34

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