Gulf Times - bank
Modi says demonetisation will boost economy

Modi says demonetisation will boost economy

Indian Prime Minister Narendra Modi said the decision to scrap high-value bank notes will give the economy a further boost, and would provide long-term benefits.

Suspect in Australian bank fire identified as asylum seeker

Suspect in Australian bank fire identified as asylum seeker

A man suspected of starting a fire in an Australian bank on Friday that injured 27 people has been identified as an asylum seeker, angering far-right groups and adding to an increasingly heated debate over immigration.

Work until 69? Bundesbank's call riles Germans

Work until 69? Bundesbank's call riles Germans

The German central bank's call for people to work until age 69 has reignited a fierce debate in Europe's fast-ageing top economy, with analysts backing it ...

Deutsche Bank lows and woes fuel existential fears

Deutsche Bank lows and woes fuel existential fears

Deutsche Bank once epitomised the best of Germany’s financial sector, shining brightly as the European economic powerhouse’s biggest lender.

Bank of Italy says public money needed to help banks

Bank of Italy says public money needed to help banks

Italy pressing Brussels to allow state help for its banks; Italy’s banks hit by market sell-off, need capital; Bank of Italy chief warns of threat to financial system

China’s central bank queries some banks on MLF demand

China’s central bank queries some banks on MLF demand

The People’s Bank of China has queried some banks on their demand for medium term lending facility

Singapore police hunt bank 'note' robber

Singapore police hunt bank 'note' robber

Singapore police said on Friday they are hunting a man who managed to steal more than $22,000 from a bank using nothing but a piece of paper.

Lanka’s new central bank chief vows to stay independent

Lanka’s new central bank chief vows to stay independent

Sri Lanka’s new central bank chief pledged yesterday to maintain the monetary authority’s independence in decision making...

China’s Postal Bank to file for $8bn IPO

China’s Postal Bank to file for $8bn IPO

Postal Savings Bank of China filed a listing application with the Hong Kong Stock Exchange, people with knowledge of the matter said...

India's central bank says bad loans still rising

India's central bank says bad loans still rising

Bad loans held by Indian banks are still rising sharply, India's central bank said Tuesday, as it warned the country's lenders face "significant challenges".

Bank ends FireEye probe into $81mn online heist

Bank ends FireEye probe into $81mn online heist

Bangladesh Bank, country’s central bank, has ended a contract with US cyber security firm FireEye to investigate February’s online theft of $81mn

World Bank increases support for health sector in Bangladesh

World Bank increases support for health sector in Bangladesh

The World Bank has approved $150mn in additional financing to help strengthen Bangladesh’s health systems and improve its services.