As reported in the rating agency’s press release, assigned ratings are motivated by the Bank’s adequate levels of capitalization, liquidity, asset quality, as well as high profitability. As per the report of the rating agency, RBK’s assets are well balanced between net loans (end-2025: 54%) and non-loan assets, primarily comprising highly liquid items. Fitch Ratings stressed in its analysis the fact Bank RBK is expanding into the retail segment to diversify its revenue base. The agency noted that Bank RBK’s level of non-performing loans is moderate, below the banking sector average, and that the bank has a high level of…
Author: Isla
WHY THIS MATTERS O Bee Credit Union’s move to Tyfone’s nFinia platform reflects a broader shift among community financial institutions toward modern, digital-first banking experiences. As member expectations rise—driven by fintechs and large banks—credit unions are under pressure to deliver seamless, mobile-centric services while maintaining their community-focused approach. Migrating from legacy systems to API-driven, configurable platforms enables institutions like O Bee to offer faster payments, improved personalisation, and integrated financial tools without the constraints of outdated infrastructure. The emphasis on business banking capabilities is particularly notable. With growth in small business membership, credit unions are increasingly competing in areas traditionally…
Kroo Bank is revising its expectations for profitability after a shake-up of its senior leadership team under a new chief executive brought in at the end of last year.The challenger bank was aiming to reach its first month of profit last year and planned its first profitable year this year, but has implemented a “revised plan” which now aims to reach in-month break-even and profitability between late 2026 and early next year.Want to continue reading The Banker?Benefit from expert analysis, exclusive data and rankings, clear insight into innovation, regulation and strategy, and the context you need to stay ahead of…
Investing.com — Deutsche Bank expects UK GDP to expand by 0.2% month-on-month in February, following a disappointing January reading, according to the bank’s latest nowcast models released Thursday. The bank’s economists project broad-based momentum across services, production and construction sectors for February. Deutsche Bank also sees potential for an upward revision to January’s GDP figures. For the first quarter of 2026, Deutsche Bank forecasts GDP growth of 0.3% quarter-on-quarter, though recent nowcast iterations suggest a slightly weaker print of 0.1% to 0.2% quarter-on-quarter. The services sector is expected to have picked up after flatlining in January. Deutsche Bank projects transport…
Lloyds upgraded by Citi as Iran war expected to support bank sector earnings Proactive financial news Source link
Barclays is increasing buy-to-let rates by up to 53 basis points tomorrow, as well withdrawing some landlord deals and launching others. Some of the most substantial price increases are to products in its existing buy-to-let customer reward range. Within this range, a two-year fixed at 75% loan-to-value with no fee has increased by 53bps from 4.97% to 5.5%. In the same range, a five-year fixed at 60% LTV with a £1,795 fee has increased by 45bps from 4.6% to 5.05%. A number of other deals in this range are going up by between 25 and 37bps. Barclays is also increasing…
IATA Sets ‘Optimistic’ Timeline For Contactless Travel Adoption | Aviation Week Network https://aviationweek.com/themes/custom/particle/dist/app-drupal/assets/AW_logo_horizontal_small_white.svg Skip to main content Chen Chuanren April 09, 2026 Credit: Getty Images SINGAPORE—IATA Director General Willie Walsh is hoping for widespread adoption of contactless travel to be achieved within five years, although the outgoing executive acknowledged that timeline depends on government and regulatory acceptance. His comments come as IATA concluded three proof-of… Chen Chuanren Chen Chuanren is the Southeast Asia and China Editor for Aviation Week’s Air Transport World magazine and the Asia-Pacific Defense Correspondent for Aviation Week. Subscription Required IATA Sets ‘Optimistic’ Timeline For Contactless Travel Adoption…
Europe’s aviation safety regulator EASA on Thursday extended until April 24 its advisory to airlines to avoid the Middle Eastern and Gulf airspace, according to an updated bulletin on conflict zones. The advisory was previously valid until April 10. (Reporting by Rhea Rose Abraham in Bengaluru; Editing by Susan Fenton) Source link
LONDON— British Airways (BA) has cut 19 airport pairs from its network since January 2025, with more exits planned later this year as flagged by Cirium. The removals span long-haul, short-haul, and regional routes across multiple UK airports. While some routes have simply shifted to London Heathrow (LHR), others have been dropped from BA’s network entirely, reflecting a deliberate strategy to consolidate capacity at its primary hub and improve yield performance, Simple Flying reported. British Airways Drops 19 Routes Photo: By Davidi Vardi – Own work, CC BY-SA 4.0, https://commons.wikimedia.org/w/index.php?curid=132086956 Long-Haul Cuts Dominated by London Gatwick Six of the seven…
Dubai, U.A.E., and New York, U.S.A., – Dubai Aerospace Enterprise (DAE) Ltd (“DAE”), a global aviation services corporation, and Blackstone Credit & Insurance (“BXCI”) today announced an agreement to partner to launch a new long-term global investment program that will be branded “Equator” and will invest in aircraft on lease to commercial airlines, with a target deployment of approximately US$1.6 billion annually. Equator will build a diversified portfolio of commercial aircraft on lease to leading airlines around the world. DAE will source the assets from third parties and DAE’s Aircraft Investor Services (“AIS”) group will manage the assets owned by Equator.…