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The Industrial Finance Corporation (IFCT) has been given three months to complete a study on ways to transform the special-purpose financial corporation into a commercial bank, according to IFCT president Anothai Techamontrikul. Options being considered include a merger with another...
#bank#financial institution#management
With top corporates demanding low rates on loans and margins nowadays being wafer-thin, new generation UTI Bank is planning to…
#bank#financial institution#guarantees
A source at the China Banking Sector Regulatory Commission (CBSRC) revealed that the commission will declare its establishment this week.…
#bank#Bank of China#financial institution
One of Lithuania's largest banks has come under nominal control of a little-known Russian financial institution, leaving industry insiders to…
#3M#bank#banks
Daniel P. Myers, President and Chief Executive Officer of Bridge Bank, National Association, today announced the official launch of the…
#bank#commercial finance#financial institution
Banco Santander Chile and Banco Santiago merged last Thursday. The merged bank has been named Banco Santander-Chile. Banco Santiago is…
#Banco Santander#bank#financial institution
Unicredito Italiano SpA said it has reached an agreement to buy a 50% stake in Koз Financial Services, a unit…
#bank#financial institution#financial services
Although it had a net loss under current cost accounting, ZDB Financial Services saw its net profit increase by 177%…
#financial institution#financial services#interest rates
Financial firms that factor agricultural accounts receivable won a big victory last week that should help sustain the crucial liquidity…
#financial institution#liquidity#receivables