Banking Wholesale

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Stakeholders to dialogue on role of Development Bank

Ghana Web 16 Jun 2021

The new National Development Bank or the Development Bank Ghana (DBG) is a wholesale and non-deposit taking bank which will increase access to long-term finance and boost job creation for thousands of businesses in key sectors, including agribusiness, manufacturing, ICT tourism and other services across Ghana.

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Should I buy shares in Deliveroo or Tesco?

The Motley Fool 16 Jun 2021

The Deliveroo (LSE.ROO) share price disappointed investors at its initial public offering (IPO) in April when it spectacularly flopped. Today it’s down 10% from the IPO, but it has recovered 14% from its 52-week low ... It has several revenue streams from its supermarkets to convenience stores, wholesale division, retail banking, and insurance services.

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Bank Gaborone Pledges P200m For CEEP

Mmegi Online 15 Jun 2021

Bank Gaborone head of wholesale banking, Khalala Mokefane has revealed that the bank has pledged P200 million for Debswana’s Citizen Economic Empowerment Policy (CEEP) programme ... According to Mokefane, Bank Gaborone is more than ready through its wholesale division to work through the ecosystem of the Debswana CEEP programme.

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Indian stock markets at fresh record highs; HDFC twins, TCS, RIL drive gains

Live Mint 15 Jun 2021

Premium Premium Markets may consolidate; banks, financial services stoc .... The Reserve Bank of India (RBI) targets the 2-6% range only for retail inflation and may overlook the Wholesale Price Index (WPI)-based inflation ... Premium HDFC Bank to consider dividend for FY21 on June 18.

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Martin Foster Joins Cenlar as Senior Vice President of Servicing Operations

The Marshall News Messenger 15 Jun 2021

Cenlar FSB, the nation’s leading mortgage loan subservicer and federally chartered wholesale bank, announced today that Martin “Marty” Foster, a 35-year veteran in the mortgage banking industry, has joined the company as Senior Vice President of Servicing Operations.

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Shed fiscal policy rigidity

Hindustan Times 15 Jun 2021

Inflation numbers for May — Consumer Price Index (CPI) has crossed the Reserve Bank of India (RBI) threshold of 6% and Wholesale Price Index (WPI) is at an all-time high — have under-lined the precarious nature of the ongoing economic recovery.

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Bank of England governor vows ‘tough love’ on digital currencies

Belfast Telegraph 15 Jun 2021

He said the Bank’s work is focusing on stablecoins, which have backing assets, and a possible CBDC ... Both stablecoins and a central bank alternative also have the potential to disrupt lending in wholesale markets and impact lending rates, leading borrowers to look outside the banking system, he added.

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IIGh to hold forum on Financing for Development

B & FT Online 15 Jun 2021

The new National Development Bank or the Development Bank Ghana (DBG) is a wholesale and non-deposit taking bank which will increase access to long-term finance and boost job creation for thousands of businesses in key sectors, including agribusiness, manufacturing, ICT tourism and other services across Ghana.

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Sensex rises 222 points to hit fresh closing high; Nifty ends at 15,869

The Times of India 15 Jun 2021

Equity indices scaled fresh closing peaks on Tuesday with the benchmark BSE sensex rising over 200 points led by gains in banking and realty stocks ... Top gainers in the sensex pack included Asian Paints, Axis Bank, ICICI Bank, HUL, Infosys and HDFC Bank with their shares rising as much as 2.95 per cent.

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Sensex jumps over 220 points in early trade

The Telegraph India 15 Jun 2021

Asian Paints was the top gainer in the pack, surging around 1.5 per cent, followed by IndusInd Bank, ONGC, Bajaj Finserv, Hindustan Unilever, Bharti Airtel and Kotak Bank ... The wholesale price-based inflation accelerated to a record 12.94 per cent in May, on account of rising prices of crude oil, manufactured goods and a low base of last year.

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Sensex jumps over 220 points; Nifty tops 15,850

The Times of India 15 Jun 2021

Asian Paints was the top gainer in the pack, surging around 1.5 per cent, followed by IndusInd Bank, ONGC, Bajaj Finserv, Hindustan Unilever, Bharti Airtel and Kotak Bank ... The wholesale price-based inflation accelerated to a record 12.94 per cent in May, on account of rising prices of crude oil, manufactured goods and a low base of last year.

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Sensex jumps over 220 points in early trade; Nifty tops 15,850

Business Line 15 Jun 2021

Asian Paints was the top gainer in the pack, surging around 1.5 per cent, followed by IndusInd Bank, ONGC, Bajaj Finserv, Hindustan Unilever, Bharti Airtel and Kotak Bank ... The wholesale price-based inflation accelerated to a record 12.94 per cent in May, on account of rising prices of crude oil, manufactured goods and the low base of last year.

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Sensex jumps over 220 pts in early trade; Nifty tops 15,850

Yahoo Daily News 15 Jun 2021

Asian Paints was the top gainer in the pack, surging around 1.5 per cent, followed by IndusInd Bank, ONGC, Bajaj Finserv, Hindustan Unilever, Bharti Airtel and Kotak Bank ... The wholesale price-based inflation accelerated to a record 12.94 per cent in May, on account of rising prices of crude oil, manufactured goods and a low base of last year.

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UOB Thailand Extends Green Loan to ACRE for Eco-Friendly Residential Development in Phuket

The Marshall News Messenger 15 Jun 2021

Mr Andy Cheah, Managing Director and Country Head of Wholesale Banking, UOB Thailand, said, “Our financial support to ACRE reflects our commitment to forging a sustainable future with our clients, through our involvement in the country’s real estate development ... UOB Thailand is rated among the top banks in Thailand.

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