Latest News for: Assurance banking

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Ithala faces imminent liquidation amidst controversy over banking practices

Independent online (SA) 19 Jan 2025
... and cease its banking activities. The National Treasury moved swiftly on Friday to assure Ithala’s more than 257 000 retail depositors that their deposits will be protected by a government guarantee.
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Ithala faces liquidation amid insolvency concerns

Mail Guardian South Africa 18 Jan 2025
... Reserve Bank said in a statement ... It advised depositors to “to urgently make alternative banking arrangements, they can be assured that we will endeavour to secure their funds as far as is possible”.
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Cyprus Business Now: Eurobank, inflation, Limassol development projects

CyprusMail 18 Jan 2025
Eurobank’s acquisition of Hellenic Bank is expected to ... Meanwhile, Hellenic Bank also announced this week that the acquisition of CNP Assurances will also be finalised in the first quarter of 2025.
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National Bank of Belgium posts €3.7 billion loss for 2024

Urdu Point 17 Jan 2025
... during the COVID-19 pandemic.</p><p>The bank has assured that this will not affect its stability and continuity.
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Hunger strike over 202 crore Adarsh Corp Bank scam ends peacefully after Sambhajinagar admin’s assurance

The Times of India 17 Jan 2025
Over 700 bank account holders, who wanted to reclaim their money that was allegedly siphoned off from the Adarsh Cooperative Bank, called off their strike after receiving assurances from Chhatrapati Sambhajinagar district administration.
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Eurobank to finalise Hellenic Bank acquisition by May

CyprusMail 17 Jan 2025
Meanwhile, Hellenic Bank announced this week that the acquisition of CNP Assurances will also be finalised in the first quarter of 2025 ... Louis also spoke about the importance of strengthening trust between banks and society.
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Bank of Canada could have been clearer about pandemic measures: review

Moosejaw Today 17 Jan 2025
Derek Holt, head of capital markets economics at Scotiabank, said the central bank's assurance that the bar for using these exceptional monetary policy tools should remain very high was a consistent one.
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Inside Israel's government: Sunday marks start of prisoner exchange between Israel and Palestinians

LBC International 17 Jan 2025
Reports suggest Netanyahu offered Smotrich assurances, including plans to expand settlement activity in the West Bank and Jerusalem and to escalate military campaigns against Palestinian groups in the West Bank.&nbsp... .
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Ithala Bank on the brink of liquidation, but government assures depositors

Independent online (SA) 16 Jan 2025
... never granted a banking licence ... While depositors will need to urgently make alternative banking arrangements, they can be assured that we will endeavour to secure their funds as far as is possible.”.
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World Bank pledges continued support for SOCO Project in northern sector

B & FT Online 16 Jan 2025
Diagana assured continued World Bank support and encouraged governments in all four participating countries to play their part in ensuring the project’s sustainability.
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DOF: P107-billion PDIC withdrawal won't hurt bank deposits

Manila Bulletin 16 Jan 2025
He earlier assured the public that the reserve funds “intended for protecting bank deposits are intact,” supporting PDIC President Roberto B. Tan’s statement that the banking sector remains in “good shape” after the reallocation.
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39-year-old Karnataka woman found dead in river

The Times of India 16 Jan 2025
For the remaining payment to the landowners, her father issued a cheque from her mother’s bank account ... Subsequently, her mother left for the Kundapur branch of the bank in Kandloor on her scooter.
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Auditing and the practice of good corporate governance

B & FT Online 16 Jan 2025
Internal audit provides objective assurance and insight on the effectiveness and efficiency of risk management, internal controls, and governance processes. Internal audit provides assurance by ...
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Ludhiana: 2 elderly men lose ₹28L to cyber fraudsters

Hindustan Times 15 Jan 2025
A 69-year-old retired ONGC official lost ₹14.9 lakh from his bank account after fraudsters targeted him under the pretext of issuing a smart health card ... The bank assured him that the money was secure ... He assured me ₹45 lakh in return.
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J&K Bank receives SEBI warning for breaching disclosure regulations [details]

International Business Times 15 Jan 2025
The Jammu and Kashmir Bank Limited has recently been issued an administrative warning by the Securities and Exchange Board of India (SEBI) ... Sacked J&K Bank officer was 'ISI deep asset in Kashmir' ... J&K Bank assures investors, says.

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