UPDATE 1-Bulgarian parliament votes in new banking manager

SOFIA, March 22 (Reuters) – The Bulgarian parliament on Friday appointed a brand new banking supervisor because the Balkan usa prepares to sign up for Europe’s banking union and the euro area’s waiting room this yr. Radoslav Milenkov, 46, will take over one of the four pinnacle jobs on the Bulgarian critical bank and might […]

Mexico – Monthly Report on Banking and the Financial System

In December 2018, the once a year nominal growth fee inside the balance of the current portfolio of loans granted by using business banks to the personal area became 10.Zero% (4.Nine% in actual terms). Furthermore, the standard nominal annual increase rate in 2018 for the current portfolio of loans granted by using industrial banks to […]

NBFCs borrow greater from banks on liquidity crunch

Non-banking finance corporations’ (NBFC) dependence on financial institution credit has grown via a massive forty eight% 12 months-on-12 months till January, reflecting a shift in focus from cash markets to banks for finances amid tighter liquidity circumstance. This is the very best increase in any mortgage segment stated by banks, at the same time as […]

Indian Bank – wearing “Your Own Bank” tag with utmost delight!

Amidst the present day challenging duration for the banking region in India, there may be a Public Sector Bank that has outshined its friends. It is the Chennai-headquartered Indian Bank. Indian Bank nowadays, with over 9400 touch factors throughout the country, has crossed the milestone commercial enterprise level of Rs 4.00 lakh crore The Bank […]

Lenders bank on non-public loans to develop retail books

  Personal loans have end up one of the maximum sought-after products for banks and new-age creditors. These unsecured advances have rolled up to a file Rs 3.5 lakh crore on the ‘lending book’ this monetary, information sourced from pinnacle credit score bureaus confirmed. Personal loans (PLs) are non-collateralised advances, made available to a borrower […]