Latest News for: Banking wholesale


Brazil’s central bank plans crypto regulations by year-end

Invezz 21 May 2024
Brazil’s central bank has announced a multi-phase ... Brazil’s central bank is also hosting the G20 Techsprint program and developing its wholesale central bank digital currency (CBDC) initiative, DREX.

SDX Breaks through 1 Billion CHF in Digital Asset Transactions

Finance Magnates 21 May 2024
Notably, several issuances have been part of the Swiss National Bank's Project Helvetia Phase III, enabling settlements in Swiss Franc wholesale Central Bank Digital Currency (wCBDC).

Brazil Central Bank Plans Multi-Phased Crypto Regulations by Year’s End

Coinspeaker 21 May 2024
Brazil Central Bank Plans Multi-Phased Crypto Regulations by Year’s End. Brazil’s crypto industry faces a wait-and-see approach as the central bank implements a multi-phased plan for crypto regulation.

3i Africa Summit to unleash generation of youth innovators – DBG deputy CEO

B & FT Online 20 May 2024
Development Bank Ghana is a wholesale financial institution established by the Government of Ghana ... The Bank has received funds from the World Bank, European Investment Bank, Kreditanstalt Für Wiederaufbau (KfW), and the African Development Bank.

World Bank Partners With SNB and SIX Digital Exchange to Advance Digitalization

Cryptopolitan 19 May 2024
The World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA) has announced a CHF Digital bond ... The CDBC will be offered by the Swiss National Bank (SNB) ... Vice President and Treasurer of World Bank Commented on the Progress.

$126mn fund launched to boost liquidity on Muscat Stock Exchange

Muskat Daily 18 May 2024
SICO is a leading regional asset manager, broker, and investment bank with $6.2bn in assets under management (AUM). SICO operates under a wholesale banking license from the Central Bank of Bahrain and also oversees three wholly-owned subsidiaries.

Security Bank profit climbs 11% to P2.6B

The Manila Times 16 May 2024
SECURITY Bank Corp ... "Our results for the first quarter reflect both accelerating momentum across our retail, MSME and wholesale segments," Security Bank President and Chief Executive Officer Sanjiv Vohra said in a statement.

Security Bank reports P2.6 B profit in Q1

Manila Bulletin 15 May 2024
“Our results for the first quarter reflect both accelerating momentum across our Retail, MSME, and Wholesale Segments,” said Security Bank President and CEO Sanjiv Vohra ... Wholesale loans grew 4 percent year-on-year.

GIB records strong first quarter results

bizbahrain 15 May 2024
In Q1 2024, the Group launched the Wholesale Banking Branch in Muscat (Oman), a significant milestone in its GCC expansion strategy and a testament to its commitment to the Sultanate of Oman as a core target market.

DBG, Proxtera to provide $100m digital loans to Ghanaian SMEs  

Ghana Business News 15 May 2024
He explained that while the Bank, through wholesale and rural and community is able to check the credit portfolios and other requirements for SMEs to get loans from them, the online platform would make it faster and easier.

L&T Finance aims at 25% CAGR, retail lending in focus

The Times of India 15 May 2024
The financial services arm of Larsen & Toubro plans to exit the wholesale segment entirely ...

Standard Chartered and Mastercard Complete First Tokenized Deposit Test

CoinGape 15 May 2024
... banking sector ... The Hong Kong Monetary Authority (HKMA) has been forward-looking with Project Ensemble, which is to research tokenized deposits and wholesale Central Bank Digital Currencies (CBDCs).

Mastercard and Standard Chartered Bank Hong Kong tests tokenised deposits

Invezz 15 May 2024
Ensemble aims to explore wholesale Central Bank Digital Currencies (CBDCs) and tokenized deposits, signalling Hong Kong’s commitment to embracing blockchain and digital assets in its financial ecosystem.

US$200m boost for SMEs

B & FT Online 15 May 2024
... Commercial Bank (GCB) ... Present at the ceremony were Chief Executive Officer-Ghana Exim Bank, Lawrence Agyinsam and Executive Director-Wholesale and Investment Banking, GCB Bank PLC., Samuel Aidoo.