banking
August 3, 2021
Square, Inc. Announces Plans to Acquire Afterpay, Strengthening and Enabling Further Integration Between its Seller and Cash App Ecosystems
Square, Inc. (NYSE: SQ) and Afterpay Limited (ASX: APT) today announced that they have entered into a Scheme Implementation Deed under which Square has agreed to acquire all of the......
August 1, 2021
Central Bank of Iran’s Monthly Survey of Tehran’s Housing Market
A total of 5,071 homes were sold in Tehran during the fourth month of the current fiscal year (June 22-July 22), registering a decrease of 0.6% and 63.9% compared with the preceding......
July 17, 2021
Bank loans to economic sectors up over 71% in 3 months
TEHRAN- Iranian banking system has paid 4.976 quadrillion rials (over $118.4 billion) of facilities to domestic economic sectors in the first three months of the current Iranian calendar......
July 15, 2021
Bank of America Reports Second-Quarter 2021 Financial Results
Bank of America reported its second-quarter 2021 financial results today. The news release, supplemental filing and investor presentation can be accessed at Bank of America’s......
July 15, 2021
Bank Loans Up 71% in Q1
B anks and credit institutions paid 4976.9 trillion rials ($20.2 billion) in loans to businesses in during the first three months of the current fiscal year that started on March 21.......
July 15, 2021
Over $3b of bank loans paid to knowledge-based firms in 3 months
TEHRAN - The Iranian banking system has paid 127.1 trillion rials (about $3.02 billion) of facilities to knowledge-based companies during the first three months of the current Iranian......
July 13, 2021
Monetary Targets Demand Viability
A senior banker said economic and monetary authorities need to take into account the viability and practicality of their policies when setting economic targets. “Setting and publicizing......
July 13, 2021
Rial Redenomination Undecided
L awmakers are studying a proposal by the government and the Central Bank of Iran to slash four zeros off the national currency and switch the national currency from the rial to toman.......
July 10, 2021
HDFC Bank Spends Rs. 634.91 Cr Towards CSR in FY 2020-2021
HDFC Bank spent Rs 634.91 crore towards #Parivartan, the umbrella programme for all Corporate Social Responsibility initiatives, in FY 2020-21. Out of Rs 634.9 crore, over Rs 110 crore......
July 8, 2021
SoftBank Group Names Mark Kornblau Global Head of Communications
SoftBank Group Corp. (“SBG”) today announced that Mark Kornblau will join SBG as Global Head of Communications, effective August 16. Mr. Kornblau joins SBG from the NBCUniversal......
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Trade With European Union Rebounds