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Banks
CI affirms ICBC’s ratings with stable outlook – report
CI Raings affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR)…
S. Korea’s banks see rise in SBLs in Q2
South Korea's domestic banks reported an increase in the ratio of loans classified as substandard or below (SBLs)…
S. Korean banks’ capital ratios remain strong in Q2 – data
South Korea's domestic banks continued to maintain robust capital positions in the second quarter of 2024.
Fitch Ratings: US leveraged loan default rate remains above 4% in July
The US leveraged loan default rate stayed above 4.0 per cent in July due to ongoing macroeconomic pressures and…
EBRD funds 1st renewable hydrogen project in Central Asia
The European Bank for Reconstruction and Development (EBRD) is financing Central Asia's first renewable hydrogen…
China’s c. bank conducts 8th swap operation in ’24
The People's Bank of China (PBC) is set to conduct its eighth Central Bank Bills Swap (CBS) operation in 2024 to…
WB, EIB fund $260,000 for Kinshasa’s climate resilience
The World Bank and European Investment Bank have provided $260,000 in technical assistance to the City of Kinshasa…
China’s c. bank offers 277.3b yuan off reverse repo
People’s Bank of China (PBC) announced on Wednesday a seven-day 277.3 billion-yuan reverse repo at an interest rate…
IMF approves new $13.8b flexible credit line for Chile
The International Monetary Fund (IMF) has approved a new two-year Flexible Credit Line (FCL) arrangement for Chile,…
Russia lifts dollar rate to 91.48 roubles
The Bank of Russia announced on Tuesday new official exchange rates for the dollar, euro, and yuan, effective…
