Latest News for: Bank guarantee

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SC dismisses plea seeking more time to furnish bank guarantees in Creek Marina project

The News International 25 Apr 2024
The appellant, Ahmed Kuli Khan Khattak, had assailed a high court order which rejected his plea for an extension of time for submitting the bank guarantees ... the bank guarantees even after 12 years.
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FMBN to Provide N100bn for Renewed Hope Cities, Estates Scheme Nationwide

This Day 25 Apr 2024
To support affordable homeownership for Nigerians, the Federal Mortgage Bank of Nigeria (FMBN) will be supporting the 100,000-housing unit Renewed Hope Cities and Estates Programme with N100 billion in off-taker guarantee, the bank has said.
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Nationwide, Barclays and Lloyds current account switch ‘winners’ at end of 2023

AOL 25 Apr 2024
The figures do not include current account switches made outside the service, which ensures that payments are automatically moved to the new bank account and offers a guarantee that customers will not be left out of pocket if anything goes wrong.
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Lok Sabha Elections 2024: Congress on the backfoot as BJP queers pitch over Neha Hiremath ...

Deccan Herald 25 Apr 2024
... his ‘anti-Hindu Congress’ allegation.</p>.Income Tax sleuths raids over five locations ahead of Karnataka LS polls.<p>The Congress is banking on its guarantee schemes and Ahinda voters.
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Parliament committee passes unresolved issues at SOEs to new administration

Independent online (SA) 25 Apr 2024
Boskati also mentioned the non-start of the Post Bank as another issue, adding that since the Post Office was under business rescue, a new entity has to be formed to manage the bank ... “The Post Bank has not been operational.
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​China's film industry seeks financial solutions

China.dot.org 25 Apr 2024
Additionally, she proposed establishing a completion-guarantee mechanism with Chinese characteristics as well as setting up a third-party film-completion-guarantee policy trusted by the government.
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Unable to pay your loans? How to decide whether or not you should pause your dues

Gulf News 25 Apr 2024
But when should you consider choosing the option? Is it always cost-effective to do so? UAE banking experts evaluate ... However, this option isn't guaranteed for everyone,” explained Abbud Sharif, a banking industry analyst based in Dubai.
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SBV takes more actions to stabilise foreign exchange rate

Vietnam News 24 Apr 2024
Accordingly, the concurrent use of T-bills and OMO aims to serve the twin targets of guaranteeing liquidity for the banking system to maintain low interest rates in the market, and easing pressure on ...
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Bank ABC wins ‘Best Trade Finance Provider in the Middle East’ award

The Daily Tribune - Bahrain 24 Apr 2024
Bank ABC Group CEO, Sael Al Waary said ... “Bank ABC attained significant milestones following the successful deployment of the Guarantees and SBLCs modules on its Documentary Trade Platform.
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Ecuador examining new Amazon and Ocean linked debt-for-nature swaps, sources say

Philenews 24 Apr 2024
Typically a development bank backs the deal with a “credit guarantee” or “risk insurance”, which protects buyers of the new bonds if the country is unable to pay the money back.
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Deconstructing the Anomaly in NDIC Act

This Day 24 Apr 2024
It&nbsp;helps to insure the interest of depositors in case of imminent or actual financial difficulties of banks, guarantee the settlement of insured funds when a deposit-taking financial ...
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US has no immediate plan to sanction Chinese banks over Russia, source says

Philenews 24 Apr 2024
was drafting sanctions against some Chinese banks in the hopes of ... Banks, cautious of sanctions, have started to ask their clients to provide written guarantees that no person or entity from the U.S.
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Developing countries receive less than 10% of global climate financing: Al-Mashat

Egypt Today 24 Apr 2024
While some progress has been witnessed in Washington through the World Bank and other institutions in terms of investment guarantees, streamlined processes, and reduced development financing costs, ...
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Lok Sabha Elections Phase 2: Campaigns wrap up for 88 seats scheduled to vote on April 26

Live Mint 24 Apr 2024
Meanwhile, the Congress is banking on its 'Nyay' guarantees, aiming at justice for various sections of society.The BJP has come out all guns blazing at the INDIA bloc over corruption, dynasty ...

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