Latest News for: Assurance banking

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We're on top of inflation: BoG assures, raises policy rate to 19 per cent

Business Ghana 25 May 2022
THE Bank of Ghana (BoG) has assured businesses and the general public that the high increases in prices of goods and services would reduce in the coming months ... The Governor of the BoG, Dr Ernest Addison, gave the assurance yesterday when he addressed the press after the bank's third Monetary Policy Committee (MPC) for the year in Accra.
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Concern raised over paper-based nature of CBI switching code

RTE 25 May 2022
"This CBI switching code was designed for individual bank account switchers under normal business as usual switching volumes," said Marguerite Sayers, Executive Director at the ESB ... She also assured customers impacted that they will not be at any risk of loss of supply should they experience difficulties or delays during the banking transition.
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Chelsea sale funds to be frozen and releasing them will require further licence

Irish Independent 25 May 2022
The proceeds from the sale of Chelsea will be frozen in a UK bank account until the Government has received further assurances that the money will solely go to support humanitarian causes in Ukraine ... into a UK bank account in the coming days, at which point they will be frozen.
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NU students to get question bank, 2-day gap in engg papers: Samant

The Times of India 25 May 2022
In some good news for Nagpur University students, Maharashtra higher and technical education minister Uday Samant on Tuesday announced they would be getting a question bank, and engineering students would get two days gap in papers ... They were demanding a question bank as assured by the government in its letter.
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Let’s deal with illegitimate financial transactions in Africa – Akufo-Addo

Joy Online 24 May 2022
Meanwhile President of the African Development Bank Group, Dr. Akinwumi Adesina, has assured the bank under his leadership will continue with many of its investments, aimed at ending hunger on the continent ... To support the continent in doing so, the African Development Bank has doubled its financing for climate to $25 billion by 2025.
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Alipore Commercial Court restraints KPMG, banks from acting on report against Srei group firms

Business Line 24 May 2022
Kolkata, May 24 The Alipore Commercial Court has passed an injunction order restraining KPMG Assurance and Consulting Services and other defendant banks from either using or acting on the basis of the report prepared by the firm in respect of Srei Group companies – Srei Infrastructure Finance and Srei Equipment Finance.
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BankProv Appoints Janine Jakubauskas to Senior Vice President of Enterprise Risk

Victoria Advocate 24 May 2022
As BankProv continues to expand its banking solutions in the digital asset and fintech space, Jakubauskas' extensive industry knowledge and strategic thinking will assure that the�Bank and its clients adequately identify, measure, monitor and control the�Bank's�information ...
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Why the Equitas SFB stock has plunged

Business Line 24 May 2022
Headed by the MD & CEO, for banks, mancoms hold high relevance ... Until a new MD & CEO takes charge and spells out the way forward and more importantly assures continuity of plans, which have already been rolled out, such as its diversification strategy and its universal bank aspirations, the Equitas SFB stock may remain under pressure.
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USAID offers support to overcome Sri Lanka crisis

The Telegraph India 24 May 2022
  ... "Power assured the Prime Minister that USAID would closely work with other donors such as the IMF, the World Bank, G7, and others to support Sri Lanka during this extraordinarily difficult period," she said ... The ADB as well as the World Bank has just promised around 160 million each to Sri Lanka ... .
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Are Green Bonds A Good Option For Retail Investors? | Mint

Live Mint 24 May 2022
The issuer of green bonds are corporates, banks and financial institutions, multilateral development banks, and sovereign nations ... An empirical study by the Bank of International Settlement suggests green bond labels do not assure that the issuer’s overall carbon intensity is falling significantly or comparatively lower.
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Dubai contractor giant loses in Q1 this year

MENA FN 24 May 2022
(MENAFN) Contractor Drake & Scull global fluctuation to a loss in the first three years of 2022, as it liquidated bank assurances as well as interest duties through its continuing restructuring ... .
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USAID admin calls PM Ranil Wickremesinghe, offers support to overcome Sri Lanka crisis

The Times of India 24 May 2022
WASHINGTON ... "Power assured the Prime Minister that USAID would closely work with other donors such as the IMF, the World Bank, G7, and others to support Sri Lanka during this extraordinarily difficult period," she said ... The ADB as well as the World Bank has just promised around 160 million each to Sri Lanka ... Looking for Something? ... .
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Europe accepts Putin’s demands on gas payments to avoid more shut-offs

Stars and Stripes 24 May 2022
Paying in rubles would constitute a sanctions violation ... While Europe has prohibited all transactions with Russia’s central bank, the conversion process does not involve the central bank - something Eni has received assurances of in writing, according to one person familiar with the deal ... “We opened the necessary account at Gazprom bank in Russia . .
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Fewer students completing PG degrees from NU over last 3 years

The Times of India 24 May 2022
Nagpur. The Nagpur University would be conferring over 77,000 degrees at its 109th convocation on Wednesday ... Box. VC refuses to answer exam related queries ... Exam director Prafulla Sable had already made it clear that NU would not provide any question bank to the students, even after an assurance given in this regard by the minister ... .
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European Central Bank President Says Cryptocurrencies Are Worthless

Crypto Economy 23 May 2022
In the aftermath of the crypto market crisis, European Central Bank President (ECB), Christine Lagarde, stated that cryptocurrencies are ‘worth nothing’ as there is no underlying assets to act on as an anchor of safety ... She assured,. “The day when we have the central bank digital currency, any digital euro, I will guarantee it.

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