Saturday, September 5, 2026

International Finance

Category : Banking

Banking

VPBank receives four prestigious international awards

International Finance Desk
by International Finance Desk
It is considered one of the Joint-Stock Commercial Banks with the largest total assets in Vietnam February 11, 2015: Vietnam Prosperity Joint-Stock Commercial Bank (VPBank) has received four prestigious awards from reputable international organisations, including “Best Commercial Bank Vietnam 2014”, “Straight-Through-Process”, “Best Banking Product Vietnam 2014” and “Best Trade Finance Bank Vietnam 2014”. The “Best...
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Banking

Banco Único becomes 6th biggest bank in 3 years

International Finance Desk
by International Finance Desk
It was the 18th bank to start operations in Mozambique February 6, 2015: Banco Único, one of Mozambique’s youngest but fastest-growing financial enterprises, has enjoyed a meteoric rise since it was established just three years ago, thanks to its dynamic and passionate approach to banking and focus on tailor-made solutions for clients. It started operations...
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Banking

SMEs: The double-edged sword of disintermediation

International Finance Desk
by International Finance Desk
Fragmentation of SME credit markets requires business owners to be more knowledgeable Charles Thorburn February 3, 2015: Financial markets have gone through a roller coaster in the past eight years, and whether it’s been bank bailouts, sovereign debt crises or LIBOR fixing scandals, the world of finance has been a large part of the news...
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Banking

Gulf Bank Wins ‘Best Retail Bank in Kuwait’ Award from IFM

International Finance Desk
by International Finance Desk
The award highlights the bank’s strategy and commitment to offering its customers the best possible services within a safe and secure framework February 3, 2015: Gulf Bank has announced that it has received the ‘Best Retail Bank in Kuwait’ award from International Finance Magazine, one of the world’s leading financial publications with a readership in...
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Banking

Odeabank: From the 49th place to 13th in 15 years

International Finance Desk
by International Finance Desk
The total loan book reached Turkish Lira 14.3 billion, total asset size TL 20.3 billion whereas customer deposits reached TL 16.8 billion by the end of the first half of 2014 December 22, 2014: Odeabank made a powerful entry into the sector by obtaining a banking licence for the first time in 15 years in...
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Banking

Headline: Bank Sohar net profit soars by 31.14%

International Finance Desk
by International Finance Desk
Acting CEO says the bank has grown from strength to strength Muscat, October 31, 2014: Bank Sohar registered an increase in net profit by 31.14%. The net profit amount stood at OMR23.749mn as on September 30,2014. The net interest income saw a jump of 15.06%, increasing from OMR 31.842mn in Q3 of last year to...
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Banking

Most investment bankers are still male

International Finance Desk
by International Finance Desk
With a 2% drop in number of women entering the financial sector in the US, gender diversity is a long way off Suparna Goswami Bhattacharya   October 7, 2014: While the technology sector is struggling to shrug off the gender-bias tag from its name, there is another industry — the financial services sector — which...
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Banking

Ukraine conflict: UK wants SWIFT punishment for Russian banks

International Finance Desk
by International Finance Desk
SWIFT is a crucial real-time gross payment system for cross-border transactions September 2, 2014: The UK will press EU leaders to consider blocking Russian access to the SWIFT (Society for Worldwide Interbank Financial Telecommunications) banking transaction system under an expansion of sanctions over the conflict in Ukraine, Bloomberg reported on Friday, August 29, citing an...
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Banking

Assets under management hit record high at Saxo Bank

International Finance Desk
by International Finance Desk
Client deposits have gone up by almost 10 billion Dkr. to over 60 billion Dkr. August 22, 2014: In the first half of 2014, Saxo Bank reached another record in assets under management, with client deposits exceeding 60 billion Dkr., an increase of almost 10 billion Dkr. equivalent to 19% in six months. Saxo Bank,...
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