Raiffeisen International: Both Raiffeisen International and RZB Group more than double their respective H1-consolidated
profits. Merger plans for Raiffeisen Bank International fully on track. RBI's pro forma consolidated profit at € 472 million. 31.08.2010
Sberbank: Sberbank and German export credit consortium AKA Ausfuhrkredit-Gesellschaft m.b.H (AKA Bank) have signed a revised version of the framework agreement for financing the exports of capital goods and services to Russia under Export Credit Agencies cover. 26.08.2010
Bank of Montreal: For the third quarter ended July 31, 2010, BMO Financial Group reported net income of $669 million. Tier 1 Capital Ratio remains strong, at 13.55%. 25.08.2010
Asian Development Bank: The Asian Development Bank (ADB) today announced that it would extend $2 billion to Pakistan to help with the rehabilitation and reconstruction work resulting from the devastating floods. 19.08.2010
Boubyan Bank: Boubyan Bank made yet another achievement by winning the Best Islamic Bank in Kuwait Award for 2010, awarded by the Arabian Business to the Kuwaiti business sector. 17.08.2010
Citigroup Inc.: Citi today announced that it has been ranked as the number one Corporate bank card issuer in the U.S. by The Nilson Report. The ranking, based on transaction volume, places Citi well ahead of its nearest competitors. 10.08.2010
Half of bank customers choose overdraft protection - 01.09.2010 A new survey shows 46% of bank customers report they did - or will - opt in to their bank's overdraft program, saying they are willing to pay a fee for the service to ensure that debit card transactions will be approved even if their account is overdrawn. Source: American Bankers Association
Bank of Scotland Ireland (BoSI) to close by year end - 25.08.2010 Bank of Scotland (Ireland) (BoSI) is closing its doors and will cease to operate as a licensed bank on 31st December 2010. Source: Banking Times
US bank bail-out «helped foreign banks» - 13.08.2010 The US Treasury has been accused of mishandling taxpayers money after a Congressional panel found that the $700bn bail-out of the banking industry at the height of the financial crisis helped foreign banks far more than overseas bail-outs helped American banks. Source: Telegraph.co.uk
European Central Bank keeps rate - 06.08.2010 The European Central Bank (ECB) kept eurozone interest rates at one percent as expected, teeing up what should be an upbeat news conference with the bank's President following a strong run of economic data. Source: TFI
US gains access to European banking data - 01.08.2010 US terror investigators can now take advantage of the terms of an agreement drawn up with the EU, which gives them access to the details of bank transfers taking place between the EU and the rest of the world. Source: Deutsche Welle
Results of the 2010 EU-wide stress testing exercise - 23.07.2010 Further to its statements issued on 18 June, 7 July and 19 July 2010, CEBS today releases its summary report on the results of the EU-wide stress test exercise. Source: The Committee of European Banking Supervisors (CEBS)
European banks face stress test - 08.07.2010 The European Union and European Central Bank are pushing for more than 100 European banks to be stress tested, in an effort to avert another financial crisis. Source: Financial News
