Read the latest news from regional and global sources, presenting different voices and perspectives.
Banks drag Australian shares lower, CBA tumbles nearly 5%
Business Recorder
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August 13, 2025
Australian shares fell on Wednesday from a record close scaled in the previous session, as Commonwealth Bank of Australia led index heavyweight financials lower on concerns about its bottom line. The S&P/ASX 200 index slipped 0.4% to 8,850.10 by...
SMFG India Credit appoints veteran banker Ravi Narayanan as CEO
VC Circle
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Credit: Thinkstock SMFG India Credit has appointed former Axis Bank executive Ravi Narayanan as its chief executive officer with effect from August 28. Narayanan succeeds the former MD and CEO Shantanu Mitra, who stepped down from his role in...
Why Are Bankers Committing Suicide?
Rediff
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In the past 10 years, over 500 PSB officers have died by suicide. When targets are overwhelming, senior management and customers are both impatient, and there is constant fear. Not every banker has the resilience to survive and thrive, warns Tamal...
Morning Coffee: Jefferies makes the handcuffs even tighter. A better way to spend your summer than banking internships?
eFinancialCareers
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August 13, 2025
Building a strong team in a growing market sector might be one of the toughest tasks in investment banking management. But not far behind it in terms of difficulty is the job of holding on to that team, when the sector becomes hot and all the...
Bank Holiday Today: Are Banks Open Or Closed on August 13? Check State-Wise List
News18
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August 13, 2025
Last Updated:August 13, 2025, 07:43 IST Banks in Manipur are closed today, August 13, for Patriot's Day, honoring freedom fighters. Digital banking remains available. Banks will also close on August 15 and 16. Bank Holiday In August 2025: Are...
Uzbekistan's Banking Sector Sees Reform Progress, IMF Says
MENAFN
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August 13, 2025
(MENAFN- Trend News Agency) TASHKENT, Uzbekistan, August 13. As part of its broader economic transformation, Uzbekistan is steadily advancing reforms in its banking sector aimed at strengthening financial supervision, enhancing institutional...
Ryt Bank is Changing How Malaysia Banks with AI – Forever
Marketing Magazine
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August 13, 2025
By The Malketeer Malaysia’s digital banking scene has just gained a bold new player. Ryt Bank – a joint venture between YTL Group and Sea Limited – is stepping into the spotlight with a promise to do things differently. While it may be the last of...
Singapore banks face headwinds in rest of 2025, but DBS is pulling ahead: Analysts
The Straits Times
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August 13, 2025
SINGAPORE - Net interest margin (NIM) pressures and potential higher credit costs could continue to challenge Singapore’s banking trio – DBS Bank, OCBC Bank and UOB – for the rest of 2025, analysts said. Still, most of them expect NIM to decline...
Zimbabwe banks show strong capital buffers
Bulawayo 24 News
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August 13, 2025
Most Zimbabwean banking institutions have exceeded minimum regulatory capital requirements, signalling stability, resilience, and soundness in the country's financial system, the latest Reserve Bank of Zimbabwe (RBZ) data shows. According to the...
Co-operative Bank partners with 10x Banking for digital upgrade
IT Brief - New Zealand
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August 13, 2025
10x Banking's core banking platform is set to be deployed in New Zealand following a partnership agreement with the Co-operative Bank. The partnership will see the Co-operative Bank migrate its core banking infrastructure to 10x Banking's...
Central Bank Of Savings Banks Finland Plc's And Savings Banks Group's Half Year Financial Report For January - June 2025 Has Been Published
MENAFN
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August 13, 2025
(MENAFN- GlobeNewsWire - Nasdaq) Central Bank of Savings Banks Finland Plc Stock Exchange Release 13 August 2025 at 8:00 am (CET +1) Central Bank of Savings Banks Finland Plc's and Savings Banks Group's Half year financial report for January-June...
Sp Mortgage Bank Plc's And Savings Banks Group's Half Year Financial Report For January - June 2025 Has Been Published
MENAFN
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August 13, 2025
(MENAFN- GlobeNewsWire - Nasdaq) Sp Mortgage Bank Plc Stock Exchange Release 13 August 2025 at 8:00 am (CET +1) Sp Mortgage Bank Plc's and Savings Banks Group's Half year financial report for January - June 2025 and Pillar III Disclosure Report 30...
Emirates becomes latest carrier to clamp down on carriage of power banks
FlightGlobal
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Middle Eastern carrier Emirates is banning the use of all electronic power banks on board, and tightening regulations allowing them to be carried. It is the latest airline to take such steps, following broad concern about the safety of lithium-ion...
China hits two Lithuanian banks with sanctions in retaliation against EU
Brussels Morning
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August 13, 2025
Beijing (Brussels Morning Newspaper) – China imposed sanctions on two European Union-based banks in response to the EU’s sanctions on certain Chinese lenders related to Russia’s invasion of Ukraine. This action fulfils China’s commitment to...
China Sanctions Two EU Banks, Hitting Back at Europe’s Measures
Mint
·
August 13, 2025
China sanctioned a pair of banks in the EU, fulfilling a promise to retaliate after the bloc targeted some Chinese lenders over Russia’s invasion of Ukraine. China included UAB Urbo Bankas and AB Mano Bankas in its countermeasure list, the...
NFO reports 73% spike in digital banking fraud cases
SABC News
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August 13, 2025
Digital banking may be fast and convenient, but it’s also becoming a growing target for fraudsters. The National Financial Ombud Scheme (NFO) has raised the alarm after reporting a sharp rise in digital banking fraud complaints – up by a...
Azerbaijani banks' currency exchange income margin decreased by 4%
APA
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In the first half of this year, the average daily buying rate of commercial banks in Azerbaijan for 1 US dollar differed from the official rate by 0.27%, and the selling rate by 0.13%, APA-Economics reports this, citing the "Monetary Policy...
China bans agencies and individuals from dealing with 2 EU banks
South China Morning Post
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August 13, 2025
China decided on Wednesday to sanction two European banks as a countermeasure against previous financial sanctions from the 27-member bloc. The Ministry of Commerce will ban Chinese agencies and individuals from doing business with UAB Urbo Bankas...
Ten commercial banks report profit growth
Khabarhub
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August 13, 2025
KATHMANDU: Ten commercial banks have released their financial statements for the fiscal year 2024/25, showing overall improvement in financial health, according to preliminary data. Aggressive loan collection measures have helped reduce...
KCB Unveils Revamped Mobile Banking App
TechTrendsKE
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August 13, 2025
KCB Bank has rolled out a redesigned mobile banking app, promising customers a faster, more secure, and user-friendly experience. The enhanced platform introduces self-onboarding capabilities, enabling customers to register and start banking...