Mr.Yol Phokasub Senior Executive Vice President, Group Head of The Siam Commercial Bank said the bank’s retail loans growth this year will be more targeted. After first-half growth at 15-16 percent, the bank had to adjust to retail. This year, rising to 17-18 percent growth in retail lending at the end of this year, 440-450 [...]
Tags: benefits, car loans, Credit Card, government policies, Housing Loans, outstanding loans, personal loans, Platinum Visa, retail lending, SCB, SCB Platinum, Siam Commercial Bank, small SMEs, Thai Airways
Posted July 28, 2011 by ][-NooM-][ under More Bank, More Credit, More Loans
HSBC expects India, Singapore and Malaysia/Indonesia to each deliver over US$1 billion in profit before tax in the medium term, joining Hong Kong and mainland China as “billion-dollar” businesses, to accelerate the Bank’s growth in the region. A sharper focus on building scale at a faster pace in the region’s fast-growing markets is a key [...]
Tags: Asia Markets, Bank Ekonomi, capital markets, corporate growth, global bank, Hong Kong, HSBC, HSBC Group, HSBC network, HSBC Plan, markets in Asia, Private Banking, recent investment, SME segment, Trade Finance
Posted May 14, 2011 by ][-NooM-][ under More Bank, More Financial
SCB and SCIB organized a campaign to attract special interest. (March – April Only) Mr. Sookkeardkijpiboon, Executive Vice President of The Siam Commercial Bank (SCB) said that the economic assessment at this time. Found that consumers continue to demand for housing increased continuously. But lack of confidence in the economy. And situations where the interest [...]
Tags: credit for housing, credit terms, housing loan, interest rate, MLR, Pre Finance, SCB, SCB and SCIB, SCIB, Special Campaign, special interest
Posted February 27, 2011 by ][-NooM-][ under More Bank, More Credit, More Real Estate
Kenya’s central bank left its benchmark interest rate unchanged for the second straight meeting, following six cuts since last year, after commercial lenders increased loans to consumers and businesses. The Monetary Policy Committee left the key lending rate at a record low of 6 percent, the Nairobi-based Central Bank of Kenya said in an e-mailed [...]
Tags: base rates, benchmark rate, borrowing program, businesses, Central Bank, commercial banks, consumers, Higher Profits, interest rate, Kenya Bank, lending rate, loans, unchanged
Posted February 10, 2011 by ][-NooM-][ under Benchmark Lending, More Bank
Kolkata-based Allahabad Bank hiked its base rate by 0.5% to 9.5% and BPLR by 0.25% to 13.5% respectively Two state-run lenders, Allahabad Bank and Punjab & Sind Bank on Monday hiked their lending rates by up to half a percentage point, becoming the first banks to up their rates after the Reserve Bank of India [...]
Tags: Allahabad Bank, base rates, Benchmark Lending, benchmark prime lending rate, borrowing rates, BPLR, interest rates, Lending rates, Punjab, RBI, Reserve Bank, short-term, Sind Bank
Posted February 7, 2011 by ][-NooM-][ under Benchmark Lending, More Bank
The Bank of Japan (BOJ) on Tuesday decided by unanimous vote to keep its benchmark lending rate unchanged at between 0.0 and 0.1 percent as the central bank continues to tackle the nation’s lingering deflation. The central bank also raised its economic growth forecast for fiscal 2010 to 3.3 percent, following a two-day policy board [...]
Tags: Benchmark Lending, benchmark lending rate, BOJ, Central Bank, cheap credit, economic growth, growth forecast, lending rate, U.S. dollars, unchanged
Posted January 28, 2011 by ][-NooM-][ under Benchmark Lending, More Bank
The police has estimated the Citibank fraud perpetuated by its relationship manager Shivraj Puri at Rs 400 crore, involving accounts of about 29 entities including Hero Group promoters. In a report filed with the city court, the police said that Puri was a “educated and clever person” and had diverted funds of companies and individuals [...]
Tags: brokerage firms, Citibank, Citibank Fraud, Hero Group, involving accounts, market regulator, Rs 400 crore, SEBI, Stock Exchange
Posted January 9, 2011 by ][-NooM-][ under More Bank
