TY-LED GT Capital Holdings, Inc. reported a consolidated net income of P28.8 billion in 2024, down 1.7 percent from P29.3 billion in 2023, due to the absence of non-recurring gains recorded last year. Excluding non-recurring gains, core net income rose 11 percent year on year, largely driven by record earnings generated by its banking and
Parliament passed the Banking Laws (Amendment) Bill, allowing up to 4 nominees for bank accounts. The bill also redefines ‘substantial interest’ and increases the tenure of directors in cooperative banks. New Delhi, Mar 26 (PTI) Parliament on Wednesday passed the Banking Laws (Amendment) Bill, 2024, which allows bank account holders to have up to four
Rules put in place decades ago to protect dwindling wetlands that help clean water and protect Florida from hurricanes and flooding face a new challenge. State lawmakers now want to rewrite the terms for builders who purchase mitigation credits and allow them to “bank” impacts far from where wetlands are paved over. Rather than restoring
The Cloud has thrown more light on the ERP systems and thrown the banks into an unprecedented era of flexibility and scalability. Cloud-based ERP solutions allow for remote access, real-time data updates, and continuous upgrade of systems. Such functionality offers financial institutions the ability to keep up with changing market demands while still providing uninterrupted
Al Dakhil: The continuous rollout of new enhancements and services underscores NBK’s deep understanding of customer aspirations Our innovative solutions showcase our digital leadership, consistently exceeding customer expectations In line with its commitment to advancing digital banking, National Bank of Kuwait (NBK) is continuously enhancing its NBK Mobile Banking App by introducing innovative features and
The banking industry is facing an unprecedented wave of regulatory changes and technological advancements. As financial institutions strive to stay ahead of compliance requirements, the role of innovative solutions and proactive strategies has never been more crucial. Skylory Corp has been closely monitoring these shifts, analyzing trends, and forecasting what lies ahead. Here, we present
PORT ST. LUCIE, Fla. — With a matter-of-fact tone, Juan Soto sounded confident. In his decision to pick the New York Mets. In his ability to perform at an elite level, starting with Thursday’s season opener. In anything, really. Especially his contract. The pressure doesn’t cloud his view of it. He sees the realization of
Diona Teh Li Shian, the Singaporean daughter of late Malaysian banking magnate Teh Hong Piow, has purchased a Good Class Bungalow (GCB) in the prestigious Tanglin Hill area for S$93.9 million. The transaction sets a new record for GCB land sales in Singapore, with the purchase price translating to S$6,197 per square foot. According to
City National Bank has announced the appointment of Joe Yurosek as president of Commercial Banking. He brings more than 30 years of financial services industry experience and a solid track record of delivering results. Yurosek will be based in Los Angeles. In his new role, Yurosek will lead the line of business that drives commercial
Just over half (3,404) of the 6,185 complaints made to the Financial Services and Pensions Ombudsman (FSPO) last year were about banking, with customer service and disputed transactions the main reasons for such complaints. Despite this, the 2024 FSPO Complaints Overview says the number of banking complaints was down by 12% on the previous year.