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Banks
India: Kotak Mahindra Bank’s quarterly profit rises 10%
India's Kotak Mahindra Bank reported a 10 per cent increase in quarterly profit on Saturday due to increased…
Egypt’s CBE issues EGP 65b in T-bills
The Central Bank of Egypt (CBE) is offering 65 billion Egyptian pounds in treasury bills (T-bills) on Sunday, in…
Egypt c.bank releases inflation note for Dec ’24
The Central Bank of Egypt (CBE) released on Thursday its Monthly Inflation Note for December 2024.
India’s c. bank steps in to stabilise rupee – sources
The Indian central bank was selling dollars through state-run banks to support the rupee on Thursday.
Vietnam remittances likely to reach $16b in ’24
Remittances to Vietnam are estimated to reach approximately $16 billion in 2024, maintaining the record-high level…
Vietnam’s banking sector to see 17% earnings growth in ’25
Vietnam's banking sector earnings are expected to grow from 14 per cent in 2024 to 17 per cent in 2025.
BRICS NDB issues RMB 6b Panda bonds on Chinese market
The New Development Bank (NDB), established by BRICS member states, issued five-year bonds worth RMB 6 billion…
Saudi c. bank to launch Google Pay this year
Saudi Central Bank (SAMA) announced on Thursday that it had signed an agreement with Google to launch Google Pay in…
S. Korea’s economic health hinges on political stability
South Korea's central bank governor said on Thursday the key factor for the health of Asia's fourth-largest economy…
Bank Indonesia reassures markets as rupiah slips to six-month low
Indonesia's central bank reassured that the rupiah's decline against the US dollar was manageable, despite reaching…