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Burgan Bank posts solid 2nd quarter results with a 36% revenues growth - ARAB TIMES

Burgan Bank posts solid 2nd quarter results with a 36% revenues growth - ARAB TIMES
arabtimesonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arabtimesonline.com Daily Mail and Mail on Sunday newspapers.

Covered bond deals prove technicals are not the only force driving pricing

Tuesday’s deals from UOB and Raiffeisen-Landesbank Steiermark provided a wake-up call to the covered bond market that showed, no matter how strong the technical factors keeping pricing tight, it is not insulated from the rates market. A readjustment at the ultra-long end of the curve was overdue, said bankers, and they expect issuers to print shorter deals from now on.

HNB records Profit After Tax of Rs 4 7Bn during the first quarter of 2021

HNB recorded a Profit After Tax (PAT) of Rs 4.7 Bn during the first quarter of 2021 while Profit Before income Tax (PBT) amounted to Rs 5.5 Bn. At Group level PBT and PAT were at Rs 5.9 Bn and Rs 4.8 Bn respectively. The substantial monetary loosening adopted to revive the pandemic hit economy

Laboral Kutxa obtiene un beneficio neto de 87 millones en 2020, un 36,5% menos, tras provisionar 65,7 millones

Laboral Kutxa obtiene un beneficio neto de 87 millones en 2020, un 36,5% menos, tras provisionar 65,7 millones
europapress.es - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from europapress.es Daily Mail and Mail on Sunday newspapers.

RBI to Restore Cash Reserve Ratio in Two Phases to 4 Pc

RBI to Restore Cash Reserve Ratio in Two Phases to 4 Pc FOLLOW US ON: The Reserve Bank on Friday decided to restore the cash reserve ratio (CRR) in a phased manner to 4 per cent in light of improved liquidity condition in the market. The CRR is the percentage of the total deposit that banks have to mandatorily park with the apex bank. The move to raise CRR would suck about Rs 1.37 lakh crore primary liquidity from the banking system. To help banks tide over the disruption caused by COVID-19, the CRR of all banks was reduced by 100 basis points to 3.0 per cent of net demand and time liabilities (NDTL) effective from the reporting fortnight beginning March 28, 2020. The dispensation was available for a period of one year ending March 26, 2021.

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