profit Archives - International Finance

PVcomBank: Aiming for efficient, safe & sustainable growth for Vietnam’s banking sector

WebAdminMay 15, 2023

by WebAdminMay 15, 2023

As of 2023, PVcomBank has implemented a number of management solutions like completing a hierarchical organizational structure that suits both the development direction and the actual business situation...

Banking

China’s big banks benefit from better margins as slowdown looms

International Finance DeskAugust 29, 2018

by International Finance DeskAugust 29, 2018

The country’s biggest banks posted stable earnings growth in the second quarter, boosted by tighter liquidity even as the broader sector struggled with government policies...

Banking

Banco Santander’s Q4 profit rose to 1.6 billion euros

International Finance DeskJanuary 27, 2017

by International Finance DeskJanuary 27, 2017

For 2016, Spain’s biggest bank reported net profit of 6.2 billion euros IFM Correspondent January 27, 2017: Banco Santander SA said fourth quarter profit rose to 1.6 billion euros on lower provisions for bad loans and higher income from fees and from its business in Brazil. Spain’s biggest bank boasted a 4 percent rise in...

Fintech

Turner & Townsend grows global turnover to £409m

International Finance DeskJuly 27, 2016

by International Finance DeskJuly 27, 2016

Turnover jumps eight per cent July 27, 2016: The global professional services consultancy Turner & Townsend has increased its turnover by eight per cent to £409m in the year ended 30 April 2016. The company, which employs nearly 4,300 staff across 97 offices worldwide, has now notched up six consecutive years of revenue growth. Its...

Economy

Indian aviation market to be third largest by 2020

International Finance DeskJune 8, 2016

by International Finance DeskJune 8, 2016

Suparna Goswami Bhattacharya Main drivers for now are low fuel price, expanding middle class and high GDP growth June 8, 2016: The Indian aviation market is flying high. It is set to become the third largest in the world by 2020. With 81 million trips, the domestic market grew at about 19% during the 12...