Bank in a sentence

Some of the commercial banks affected include United Bank for Africa (UBA), Sterling Bank, Wema Bank, Guaranty Trust Bank (GTB), Zenith Bank, First Bank and Stanbic Bank, all located along Akpakpava street which were also set ablaze.

It operates through Zions Bank, California Bank & Trust, Amegy Bank, National Bank of Arizona, Nevada State Bank, Vectra Bank Colorado, and The Commerce Bank of Washington segments.

Recall that in 2011, the Central Bank of Nigeria also revoked the licences of three banks – Afribank, Spring Bank and Bank PHB and established Mainstreet Bank Limited, Keystone Bank Limited and Enterprise Bank Limited as bridge banks in their place.

NAN reports that Access Bank, First Bank, Guaranty Trust Bank (GTB), Zenith Bank, Sterling Bank were among those that opened while customers were also seen at the various banks.

As well as the above, the Starling Bank, Co-Operative Bank, The Royal Bank of Scotland (RBS), Yorkshire Bank and TSB Bank will also be checked.

A year on, the regulator has created the Consolidated Bank Ghana (CBG) to take over Beige Bank, Construction Bank, UniBank, Royal Bank and Sovereign Bank, for similar reasons.

ANZ, Westpac, the NAB-owned Bank of New Zealand and the Commonwealth Bank-owned ASB Bank account for 85 per cent of loans and hold 90 per cent of total bank deposits in New Zealand.

In addition, Barclays Bank PLC, BNP Paribas, Deutsche Bank AG, ING Bank, Sumitomo Mitsui Banking Corporation and Standard Chartered Bank acted as Mandated Lead Arrangers and Bookrunners for the transaction.

People’s Bank of China Governor Yi Gang made the remarks at a meeting of Group of 20 finance ministers and central bank governors during the World Bank and IMF Spring Meetings in Washington D.C., according to a statement by the Chinese central bank.

That’s when we had we started policy changes by the Fed, Bank of Japan, Bank of England, European Central Bank, and People’s Bank of China.

Therefore, in a scenario where a bank runs out of money in a classic “bank run” – like what happened at Silicon Valley Bank – customers could lose every dollar over $250,000 that they had in that bank.

This largely stems from the Bank of England's quantitative easing programme through which it effectively replaced longer-dated government bonds with very short-term central bank reserves, linked directly to the bank's bank rate.

We don't see bank runs often, but when we do, like in the recent Silicon Valley Bank, they can destroy a bank (or if not quickly addressed and brought under control by bank regulators) an entire banking system, within days.

Bets for a June rate cut by the European Central Bank and the Bank of England have substantially risen after the Swiss National Bank became the first major central bank to do so last week.

Investors will get a clearer picture on bank profits over the next fortnight, with the release of financial results from National Australia Bank, Macquarie Group, Westpac and ANZ Bank, and a trading update from Commonwealth Bank.

Among the sectoral indices on the NSE, Nifty Private Bank index was the top loser on Tuesday, slipping 0.66 per cent weighed by City Union Bank, The Federal Bank and Kotak Mahindra Bank.

He listed some of the sources of the loan to include: World Bank, Africa Development Bank (AfDB), Islamic Development Bank and China Exim Bank.

Shares of Yes Bank and State Bank of India were in the limelight after the Reserve Bank of India late on Thursday issued a moratorium on the private sector lender while saying that an SBIled consortium would acquire stake in Yes Bank.

According to the CBI’s Monetary and Foreign Exchange Research Center, four Iranian banks named ‘Bank Melli Iran (BMI), Bank Mellat, Bank Saderat Iran (BSI) and Bank Maskan’ were introduced as top Iranian banks listed in Islamic financial market.

As of December 2017, the bank was the largest financial services provider in Zimbabwe, ahead of FBC Bank, Barclays Bank Zimbabwe, Stanbic Bank Zimbabwe and Standard Chartered Zimbabwe.