Latest News for: Banking retail

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Punjab & Sind Bank’s net profit doubles to Rs 346 crore

Financial Express 20 May 2022
“…The bank continued its special focus on retail business as a result of which RAM (retail, agriculture and MSME) composition has improved from 48% to 51% while corporate advance has declined from 52% to 49% on Y-o-Y basis…the bank has also surpassed the regulatory targets of 40% ...
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Retail sales rise in April despite inflation squeeze - live updates

The Daily Telegraph 20 May 2022
Whether it’s the Jubilee that’s got retailers’ tills jingling, the thrill of shorter working weeks during bank holiday ‘season’, the fact that the sun’s been out, and beers and BBQs are back on the menu, or plain old ‘revenge spending’, the nation’s retailers won’t be complaining about the surge in sales ... 7.43AM Lockdowns distort retail spending.
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Banking on green shoots at Nedbank

Independent online (SA) 20 May 2022
While the quality of the lending is important, the best banks have competitive retail franchises that maximise the efficiency of lending, especially in a macro-constrained lending environment ... Doing well in an increasingly competitive retail banking environment requires efficient, easy-to-use technology.
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Icici Bank, Bandhan Bank Among Jefferies' Top Bank Stock Picks As Rbi Embarks On Rate Hike Cycle | Mint

Live Mint 20 May 2022
Indian banks can defend earnings during inflation-targeting as credit growth is running ahead & pick-up in corporate loans can make-up for softness in retail — evident from long-term trends, deposit cost inflation may play with a lag and banks carry provision buffers, as per Jefferies. .
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Ujjivan Sfb Revises Interest Rates On Fixed Deposits: Details Inside | Mint

Live Mint 20 May 2022
Ujjivan Small Finance Bank (SFB) has revised interest rates on fixed deposits of less than ₹2 Cr ... On May 19, 2022, the bank also revised the interest rate on the Platina Fixed Deposit scheme, which is a retail non-callable deposit product that does not allow customers to close their accounts in part or in full.
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BNI completes two corporate actions to affirm transformation

The Jakarta Post 20 May 2022
Bank Negara Indonesia (Persero) Tbk (BNI) ... Market niches in the micro, small, medium enterprises (MSMEs) and retail segments will also be explored, especially in the development of Bank Mayora in the future.
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Bank of America Announces 2023 Financial Reporting Dates

Longview News-Journal 20 May 2022
Bank of America ... The company provides unmatched convenience in the United States, serving approximately 67 million consumer and small business clients with approximately 4,100 retail financial centers, approximately 16,000 ATMs, and award-winning digital banking with approximately 54 million verified digital users ... Lee McEntire, Bank of America.
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Prudent Corporate Shares List At Premium Over Ipo Issue Price | Mint

Live Mint 20 May 2022
Prudent Corporate Advisory Services is one of the leading independent retail wealth management services group (excluding banks) in India and is amongst the top mutual fund (MF) distributors in terms of average assets under management and commission received ... Premium How retail investors saved stock markets.
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Truist announces retirement of Chief Financial Officer Daryl Bible

Longview News-Journal 20 May 2022
Truist has leading market share in many high-growth markets in the country, and offers a wide range of services including retail, small business and commercial banking; asset management; capital markets; commercial real estate; corporate and institutional banking; insurance; mortgage; payments; specialized lending; and wealth management.
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goodr's WRAP G Sunglasses Protect Thrill Seekers Through Any Extreme Adventure

Longview News-Journal 20 May 2022
With a budget-friendly SRP of $45 a pair, WRAP Gs won't break the bank like other wrap sunglasses on the market that retail for $150 plus ... WRAP Gs can be purchased directly from the goodr website; at our Los Angeles-based retail store, The goodr Cabana; and through select retailers nationwide.
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Prudent Corporate Advisory shares list at 5% premium on stock exchanges

The Times of India 20 May 2022
Retail portion was booked 1.23 times. Prudent is one of the leading independent retail wealth management services groups (excluding banks) in India and among the top mutual fund distributors in terms of average assets under management and commissions received.
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PNC Bank targets 8 KC-area branches, starting with identifying four this year

Business Journal 20 May 2022
PNC Bank starts working to add to its two-branch network, as well as build up its retail and commercial banking teams. Regional President Kyle Myers discusses the planned expansion ... .
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Techcombank on track for a seat among top ASEAN banks

The Saigon Times 20 May 2022
Techcombank’s digital transformation was highlighted in April 2022 when it launched its new mobile banking app, enabling customers to access a full range of retail banking products and services on the go from their mobile phone ... Last year, the Vietnamese bank trumpeted its target of a US$20 billion market capitalization by 2025.
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Wilmington Trust Adds Three Senior Members to CLO Trustee & Loan Administration Division

Longview News-Journal 20 May 2022
Prior to that, he served on the reporting, operations, and relationship management teams at US Bank ... Loans, credit cards, retail and business deposits, and other business and personal banking services and products are offered by M&T Bank, member FDIC ... • Are NOT FDIC Insured • Have NO Bank Guarantee • May Lose Value.
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Colombo expands Cabinet, but no finance minister

Taipei Times 20 May 2022
The delay in getting a finance minister could hinder the IMF negotiations, the central bank chief said on Thursday ... Retail pumping stations could be supplied over the weekend, officials said. The central bank on Thursday announced that it would not be able to resume foreign debt ...

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