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Banks
S. Korea plans to shift from CD rates to KOFR as benchmark
South Korea is set to introduce new guidelines to encourage the adoption of the Korea Overnight Financing Repo rate…
China’s yuan-denominated loans surge to $1.89t in 7 months
China's yuan-denominated loans expanded significantly during the first seven months of the year, reaching a total…
EBRD loans €25m to Turkey for green investments
The European Bank for Reconstruction and Development (EBRD) approved on Tuesday a €25 million loan for Turkey's…
Russia revokes American Express’ banking licence
Russia’s central bank has revoked the banking licence of American Express Co.'s Russian subsidiary, following the…
China’s c. bank adds 385.7b yuan off reverse repos
China’s central bank injected on Tuesday 385.7 billion yuan into the banking system through seven-day reverse repos…
Fitch assigns A(EXP) to BOC’s Frankfurt branch notes
Fitch Ratings has assigned an expected rating of 'A(EXP)' to Bank of China Limited's (BOC) planned senior unsecured…
Fitch upgrades Sri Lanka’s HBL to AA-(lka)
Fitch Ratings has raised the National Long-Term Rating of Habib Bank Limited - Sri Lanka Branch (HBLSL) to AA-(lka)…
Russia marginally depreciates rouble
The Bank of Russia set the official dollar rate at 89.9475 roubles on August 13, marking an increase of 1 rouble…
Fitch optimistic about Malaysian banks’ outlook
Fitch Ratings has expressed a positive outlook for Malaysian banks over the next 18 months, citing a favorable…
Egypt’s c. bank announces EGP 5b in fixed coupon t-bonds
The Central Bank of Egypt (CBE) on Monday offered treasury fixed coupon bonds (t-bonds) worth five billion Egyptian…
