LCR

HSBC Continental Europe1 Interim Results 2022 

Retrieved on: 
Lunedì, Agosto 1, 2022

On 29 July 2022, HSBC Continental Europes Board of Directors approved the banks consolidated financial statements for the first half of 2022.

Key Points: 
  • On 29 July 2022, HSBC Continental Europes Board of Directors approved the banks consolidated financial statements for the first half of 2022.
  • HSBC Continental Europes performance during the first half of 2022 was positive with continued profitability driven by growth in wholesale banking revenues, demonstrating the strength of our global franchise and international connectivity, coupled with low credit losses and a favourable cost performance.
  • The consolidated balance sheet of HSBC Continental Europe showed total assets of 239bn at 30 June 2022, compared to 223bn at 31 December 2021 with the increase mainly driven by mark-to-market movements on derivatives.
  • At 30 June 2022, HSBC Continental Europe reported a liquidity coverage ratio (LCR)2 of 145% and a net stable funding ratio (NSFR)3 of 129%.

Alex Rins, LCR Honda CASTROL Team and HRC Sign New Contract

Retrieved on: 
Mercoledì, Luglio 20, 2022

TOKYO, July 20, 2022 - (JCN Newswire) - The LCR Honda CASTROL Team are pleased to announce the signing of Alex Rins on a two-year contract with Honda Racing Corporation.

Key Points: 
  • TOKYO, July 20, 2022 - (JCN Newswire) - The LCR Honda CASTROL Team are pleased to announce the signing of Alex Rins on a two-year contract with Honda Racing Corporation.
  • Having claimed 15 wins, including three premier class victories, and a total of 55 podiums, 15 in MotoGP, Rins brings a wealth of experience to HRC and the LCR Honda CASTROL Team.
  • "I am very happy to be joining the LCR Honda Team.
  • "I am delighted to announce that Alex Rins will be the LCR Honda CASTROL rider in 2023.

KBank in US$ 2.7 billion technology drive to expand banking to unbanked-underbanked Thais

Retrieved on: 
Martedì, Luglio 12, 2022

BANGKOK, July 12, 2022 /PRNewswire/ -- KASINKORNBANK (KBank) has announced a US$ 2.7 billion strategic programme aimed at boosting access to banking services among Thailand's unbanked and underbanked population as well as very small businesses and the self-employed. The programme includes accelerated investments in technology, technology-related acquisitions, commercial partnerships, organisational development, as well as adopting other technology-driven methods to boost access to banking services among a broader range of the public.

Key Points: 
  • "We're already a bank that has the great strengths and reliability of a traditional bank serving a wide range of customers.
  • What we're now doing is to fuse on to that successful core the disruptive DNA of a 'challenger bank'."
  • Challenger banks have been a disruptive phenomenon in many countries 'challenging' legacy banks by using new technology to make banking products more accessible.
  • "We want to give more loans without collateral and based on a borrower's real ability and intention to repay.

KBank in US$ 2.7 billion technology drive to expand banking to unbanked-underbanked Thais

Retrieved on: 
Martedì, Luglio 12, 2022

BANGKOK, July 12, 2022 /PRNewswire/ -- KASINKORNBANK (KBank) has announced a US$ 2.7 billion strategic programme aimed at boosting access to banking services among Thailand's unbanked and underbanked population as well as very small businesses and the self-employed. The programme includes accelerated investments in technology, technology-related acquisitions, commercial partnerships, organisational development, as well as adopting other technology-driven methods to boost access to banking services among a broader range of the public.

Key Points: 
  • "We're already a bank that has the great strengths and reliability of a traditional bank serving a wide range of customers.
  • What we're now doing is to fuse on to that successful core the disruptive DNA of a 'challenger bank'."
  • Challenger banks have been a disruptive phenomenon in many countries 'challenging' legacy banks by using new technology to make banking products more accessible.
  • "We want to give more loans without collateral and based on a borrower's real ability and intention to repay.

LCR Announces New Hire in Dubai

Retrieved on: 
Venerdì, Luglio 1, 2022

WESTPORT, Conn., July 1, 2022 /PRNewswire/ -- LCR Capital Partners is happy to announce that Bassel Sweid has agreed to join LCR as our Director of Corporate Development.

Key Points: 
  • WESTPORT, Conn., July 1, 2022 /PRNewswire/ -- LCR Capital Partners is happy to announce that Bassel Sweid has agreed to join LCR as our Director of Corporate Development.
  • "Bassel joins the LCR team with over 10 years of professional investment experience, including working with immigration investments and international real estate.
  • LCR has built long-term, trust-based relationships with a global client base of high-net-worth families in over 30 countries around the world.
  • LCR is headquartered in Westport, CT, and has teams in Miami, San Francisco, So Paulo, Dubai, Singapore, and Mumbai.

Canadian Siborg Systems to Present Latest Measurement Techniques and LCR-Reader Multimeter Models at AutoTestCon in Maryland, USA

Retrieved on: 
Martedì, Maggio 24, 2022

WATERLOO, ON , May 24, 2022 /PRNewswire/ -- AUTOTESTCON is the world's premier conference that was around for more than 60 years. It is an international forum that brings together specialists from test industry in aerospace and military as well as military and government acquirers and users to discuss innovative applications, share new technologies, and exhibit products and services. It is sponsored by IEEE and will be held in National Harbor, MD, August 29 to September 1, 2022.

Key Points: 
  • It is sponsored by IEEE and will be held in National Harbor, MD, August 29 to September 1, 2022.
  • Siborg Systems Inc has been offering test equipment to the world's electronics industry since they initiated the Smart Tweezers project in the early 2000's.
  • The LCR-Reader digital multimeter family from Siborg Systems Inc. was first introduced in 2014 with the LCR-Reader device.
  • Siborg Systems Inc. is a private Canadian company that specializes in the engineering software and hardware tools for semiconductor and electronics industry since 1994.

SeABank implements and applies Basel III

Retrieved on: 
Giovedì, Maggio 19, 2022

HANOI, Vietnam, May 19, 2022 /PRNewswire/ -- Southeast Asia Commercial Joint Stock Bank ( SeABank , stock code SSB) hosted a seminar to announce the results of implementation and application of Basel III in business activities as well as risk management.

Key Points: 
  • HANOI, Vietnam, May 19, 2022 /PRNewswire/ -- Southeast Asia Commercial Joint Stock Bank ( SeABank , stock code SSB) hosted a seminar to announce the results of implementation and application of Basel III in business activities as well as risk management.
  • This helps SeABank improve its governance capability, financial soundness, risk management transparency, and market shock resistance have improved as a result of this.
  • When implementing Basel III, SeABank will use internal models to optimize risk-weighted assets and capital.
  • SeABank uses the foundation internal rating method (F-IRB) for the credit risk component, the VaR model to estimate the capital required for market risk, and Basel III criteria to determine the capital requirements for operational risk.

SeABank implements and applies Basel III

Retrieved on: 
Giovedì, Maggio 19, 2022

HANOI, Vietnam, May 19, 2022 /PRNewswire/ -- Southeast Asia Commercial Joint Stock Bank ( SeABank , stock code SSB) hosted a seminar to announce the results of implementation and application of Basel III in business activities as well as risk management.

Key Points: 
  • HANOI, Vietnam, May 19, 2022 /PRNewswire/ -- Southeast Asia Commercial Joint Stock Bank ( SeABank , stock code SSB) hosted a seminar to announce the results of implementation and application of Basel III in business activities as well as risk management.
  • This helps SeABank improve its governance capability, financial soundness, risk management transparency, and market shock resistance have improved as a result of this.
  • When implementing Basel III, SeABank will use internal models to optimize risk-weighted assets and capital.
  • SeABank uses the foundation internal rating method (F-IRB) for the credit risk component, the VaR model to estimate the capital required for market risk, and Basel III criteria to determine the capital requirements for operational risk.

Award Winning LCR-Reader Multimeters to be Presented at Upcoming Trade Shows in USA and Canada

Retrieved on: 
Mercoledì, Maggio 11, 2022

WATERLOO, ON, May 11, 2022 /PRNewswire/ -- The LCR-Reader digital multimeter family from Siborg Systems Inc. was first introduced in 2014 with the LCR-Reader device. In 2020 LCR-Reader-MPA was released and it received the Product of the Year 2020 Award from Plant Engineering Magazine. The family of multimeters provides easy-to-use component testers with fully automatic and high accuracy measurements. The family has expanded to include three other devices, including the new LCR-Reader R2 with 250 kHz test frequency.

Key Points: 
  • In 2020 LCR-Reader-MPA was released and it received the Product of the Year 2020 Award from Plant Engineering Magazine.
  • The family of multimeters provides easy-to-use component testers with fully automatic and high accuracy measurements.
  • The family has expanded to include three other devices, including the new LCR-Reader R2 with 250 kHz test frequency.
  • The number of DMEMS booth visits was remarkable with roughly 50 live device demonstrations made in just two days.

Banco Santander-Chile Announces First Quarter 2022 Earnings

Retrieved on: 
Venerdì, Aprile 29, 2022

SANTIAGO, Chile, April 29, 2022 (GLOBE NEWSWIRE) -- Banco Santander Chile (NYSE: BSAC; SSE: Bsantander) announced today its unaudited resultsi for the three-month period ended March 31, 2022 and first quarter 2022 (1Q22).

Key Points: 
  • SANTIAGO, Chile, April 29, 2022 (GLOBE NEWSWIRE) -- Banco Santander Chile (NYSE: BSAC; SSE: Bsantander) announced today its unaudited resultsi for the three-month period ended March 31, 2022 and first quarter 2022 (1Q22).
  • With these results, the Bank notched its sixth consecutive quarter of plus 20% ROAE which reached 25.6% in 1Q22.
  • The total number of Life clients as of March 2022 increased 59.7% YoY and in the first quarter 2022 Life opened 76,553 current accounts reaching a total of 976,618 clients.
  • Superdigital continues its acceleration in client acquisition with 28,753 new clients in the quarter, reaching a total of 292,474 clients.