Latest News for: Bank offshore


World Bank to restart Afghanistan’s CASA-1000 project

Khaama Press 28 Feb 2024
The World Bank has decided to resume the CASA-1000 project in Afghanistan ... For the operational phase, arrangements with Offshore Account Bank (Abu Dhabi) will ensure that payments and revenue remain offshore, aligning with contractual agreements.

StanChart suspends outbound investment service in China

Hong Kong Standard 27 Feb 2024
... offshore ... In a client note issued by StanChart last week, the bank said it would not take new subscriptions into offshore-domiciled funds sold via the QDII program with effect from last Thursday.

Lhyfe plans 20MW Tyneside hydrogen plant

The Engineer 27 Feb 2024
“Shepherd Offshore is fully committed to yet another critical milestone in the growing strength and evolution of the River Tyne and looks forward to welcoming Lhyfe to the north bank of the Tyne.”.

StanChart suspends new offshore channel investments by China clients

The Philadelphia Inquirer 27 Feb 2024
HONG KONG ---Standard Chartered has suspended new investments by its clients in China into offshore products via a quota-based channel, ...

Metrobank eyes return to offshore debt market

The Philippine Star 27 Feb 2024
Metropolitan Bank & Trust Co. is returning to the offshore debt market to raise at least $500 million to diversify the bank’s funding sources and support its operations ....

Russia outsmarts Western sanctions—and China is paying attention

Hindustan Times 27 Feb 2024
Whereas they used to rely on American branches for dollar funding, now they have $13trn—equivalent to more than half of the dollar liabilities of America’s banking system—borrowed from offshore sources.

Sustainability and Consistency Are Key Metrics for Building a Business: Aviom Housing Finance

Live Mint 27 Feb 2024
Hence, entrepreneurs aiming for long-term sustainability and seeking meaningful capital for scaling up should prioritise consistency above all else.Speaking at the VCCircle Limited Partners Summit ...

‘So Much Dry Powder’ Seen Boosting Asia’s Loans Market This Year

Hindustan Times 26 Feb 2024
APLMA Chief Executive James Hogan said there are a lot of onshore Chinese corporates looking for opportunities offshore — and even competing for deals. Banks in Hong Kong and around the region still ...

Banks look at bonds, rights issue amid stretched loan-to-deposit ratios

Business Line 25 Feb 2024
Private banks are most exposed to this risk, as their LDR could cross 97 per cent in our alternate scenario. Banks will have to supplement deposits with onshore and offshore wholesale borrowings, potentially at a higher cost.

StanChart's profits up as CEO bemoans 'crap' share price

RTE 23 Feb 2024
The bank's China onshore income grew only 4% last year, compared with 42% growth in offshore-related income. StanChart's shares are down 9% this year, however, lagging rival HSBC which is down 7% and other major listed British banks.

Offshore wind farms: policymakers are more influenced by reports that accentuate negative impacts – new study

The Conversation 22 Feb 2024
The offshore wind industry is growing rapidly , and the Dogger Bank wind farm in the North Sea will be the world’s largest on completion ... For offshore wind, we need to identify the positives and negatives of such large-scale development on our seabed.

The Destabilization of Haiti: Anatomy of a Military Coup d’Etat

GlobalResearch 22 Feb 2024
The World Bank estimates unemployment to be of the order of 60 percent ... A former World Bank official Mr ... (see World Bank, Haiti ... The narco-dollars are also channeled into “private banking” accounts in numerous offshore banking havens.

MAMOKETE LIJANE: Huge potential inflow shows why the rand is unlikely to sell off

Business Day 21 Feb 2024
In February 2022 the finance minister announced changes to Regulation 28 of the Pension Fund Act, and an increase in the offshore limit for pension funds to 45% from 35% ... Rand holdings of offshore assets stood at R3.5-trillion in December 2022.

Korean FX Regulations Eased to Boost Access to Foreign Investors

Finance Magnates 21 Feb 2024
According to TheKoreanTimes, this recent initiative, spearheaded by the Bank of Korea and other major financial institutions, aims to simplify FX trading for offshore investors.

RBI to meet banks to examine grey areas in overseas investment rules

The Times of India 21 Feb 2024
Can a resident individual subscribe to an 'unregulated' fund in Singapore? Can a local startup buy into ...