Banks (Finance)
The Hong Kong Monetary Authority has issued a warning about a new phishing scam that targets banking customers through fake websites and emails. The scam asks customers to provide sensitive information, such as login passwords or one-time passwords, which is a common tactic used by cybercriminals to steal financial information.
Banks (Finance)
On August 12, 2025, the Saudi Investment Bank, listed on the Saudi Exchange's Main Market with the symbol 1030, reported a new development in its lending activity. The bank has a total issued shares quantity of 1.25 billion, with 814,579 shares lent out. This represents a
Banks (Finance)
Gregor Poynton MP has accused the Scottish National Party (SNP) of risking Scotland's economy and defense sector by refusing to reform the Scottish National Investment Bank's (SNIB) restrictive investment mandate, which is hindering Scotland's access to billions of pounds in defense contracts, thousands of
Banks (Finance)
The Bank of England's August Monetary Policy Report has revealed that the introduction of the government's extended producer responsibility (EPR) packaging tax is one of the key drivers of rising food inflation in the UK. According to the report, food basket prices are expected to rise
Banks (Finance)
MCB Bank Limited has made a significant announcement by declaring a Second Interim Cash Dividend for the year 2025. The board of directors approved a dividend of PKR 9.00 per share during a meeting on August 6, 2025. This development affects eligible shareholders whose names appear on the Register
Banks (Finance)
The non-performing loans (NPLs) ratio of Philippine banks reached a three-month low in June 2025, driven by lower interest rates, according to the Bangko Sentral ng Pilipinas (BSP). The NPL ratio stood at 3.34 percent, the lowest since March 2025 when it was at 3.3 percent. The recent
Banks (Finance)
The Reserve Bank of Australia (RBA) has delivered its third interest rate cut of 2025, with a 0.25 percentage point reduction at its August board meeting, taking the cash rate to 3.6 per cent for the first time since April 2023. This decision had been widely anticipated by
Banks (Finance)
Borrowers with variable home loans will see their repayments fall by a further $111 a month, once their lender passes on the reduction, after the Reserve Bank announced its third interest rate cut of the year. The cut, which was followed by 20 banks announcing they would reduce their rates
Banks (Finance)
The Reserve Bank of Australia has lowered the cash rate to 3.6%, delivering relief to borrowers in the form of reduced interest payments. This move is anticipated to benefit homeowners with mortgages, with Canstar estimating that a $500,000 mortgage will see monthly interest payments decrease by a further
Banks (Finance)
MCB Bank Limited has notified the transfer book closure for dividend distribution purposes, marking a significant corporate action. The bank's transfer books will be shut from August 20, 2025, to August 22, 2025, with the dividend distribution set to follow. This move comes as the board of directors
Banks (Finance)
ICICI Bank's decision to raise minimum balance requirements for new customers has sparked a heated debate, with many critics arguing that it unfairly targets middle and lower-income individuals across India. The new rules, set to take effect on August 1, require new customers in metro and urban areas
Banks (Finance)
Qatar Islamic Bank's (QIB) stock price closed at QR 24.5 on August 10, 2025, marking a minor move. The bank's financial indicators, including a dividend yield of 3.265%, price-to-book value (P/B.V) ratio of 2.061 times, and price-to-earnings (P/E) ratio of
