B1
SeABank completes 2023 business plan: noticeable CASA growth, controlled NPL
HANOI, Vietnam, Feb. 7, 2024 /PRNewswire/ -- Considering the global and domestic unstable economic context, these results imply SeABank's flexible business transformation focusing on digital technology, green credit development and launching new fee-charging products.
- Southeast Asia Commercial Joint Stock Bank ( SeABank , stock code: SSB) announced its 2023 business results with considerable growth: CASA increased to 11.5%; Net increase in outstanding debt and mobilization respectively up 16.76% and 25.35% YoY; NPL is controlled at 1.94%; EBT reached more than US$189.4 million.
- Ending 2023, SeABank's total assets reached US$10.9 billion, growing 15% YoY; Charter capital increased to US$1 billion, up 22.32% YoY.
- In 2023, the total amount of reduced interest for existing customers has reached up to US$16.7 million.
- These efforts have resulted in the EBT of more than US$189.4 million, completing the 2023 business plan, equivalent to ROE of 13.03%.
SeABank completes 2023 business plan: noticeable CASA growth, controlled NPL
HANOI, Vietnam, Feb. 6, 2024 /PRNewswire/ -- Considering the global and domestic unstable economic context, these results imply SeABank's flexible business transformation focusing on digital technology, green credit development and launching new fee-charging products.
- Southeast Asia Commercial Joint Stock Bank ( SeABank , stock code: SSB) announced its 2023 business results with considerable growth: CASA increased to 11.5%; Net increase in outstanding debt and mobilization respectively up 16.76% and 25.35% YoY; NPL is controlled at 1.94%; EBT reached more than US$189.4 million.
- Ending 2023, SeABank's total assets reached US$10.9 billion, growing 15% YoY; Charter capital increased to US$1 billion, up 22.32% YoY.
- In 2023, the total amount of reduced interest for existing customers has reached up to US$16.7 million.
- These efforts have resulted in the EBT of more than US$189.4 million, completing the 2023 business plan, equivalent to ROE of 13.03%.
Foremost Lithium Issues Shareholder Letter and Provides Corporate Update
VANCOUVER, British Columbia, Dec. 12, 2023 (GLOBE NEWSWIRE) -- Foremost Lithium Resource & Technology Ltd. (NASDAQ: FMST) (CSE: FAT) (“Foremost Lithium”, “Foremost” or the “Company”), a North American hard-rock lithium exploration company, today issued a letter to shareholders from its President and Chief Executive Officer, Jason Barnard.
- VANCOUVER, British Columbia, Dec. 12, 2023 (GLOBE NEWSWIRE) -- Foremost Lithium Resource & Technology Ltd. (NASDAQ: FMST) (CSE: FAT) (“Foremost Lithium”, “Foremost” or the “Company”), a North American hard-rock lithium exploration company, today issued a letter to shareholders from its President and Chief Executive Officer, Jason Barnard.
- 2023 was a transformational year for Foremost Lithium, building the foundation for success in our 2024 drilling programs as we advance project timelines at our asset rich, strategically located hard-rock lithium properties in North America.
- We are seeing a growing movement pushing for the onshoring of lithium production to North America, as the market was previously heavily dependent on foreign sources of lithium.
- As the EV revolution continues to take hold and the global transition toward decarbonization accelerates, lithium will be in constant demand.
B1 leads round of financing in Chintai to accelerate growth in real world asset tokenization
SINGAPORE, Oct. 17, 2023 /PRNewswire/ -- Chintai, a Singapore based SaaS company that modernizes capital markets infrastructure with blockchain technology, announced today that B1 has led its most recent financing round to propel company growth as it launches its core regulated platform. This news comes immediately after Chintai launched three pilot projects at an industry event in Singapore, which demonstrated the advantages of tokenization for carbon credits and commercial real estate in Southeast Asia.
- SINGAPORE, Oct. 17, 2023 /PRNewswire/ -- Chintai, a Singapore based SaaS company that modernizes capital markets infrastructure with blockchain technology, announced today that B1 has led its most recent financing round to propel company growth as it launches its core regulated platform.
- This news comes immediately after Chintai launched three pilot projects at an industry event in Singapore, which demonstrated the advantages of tokenization for carbon credits and commercial real estate in Southeast Asia.
- David Packham, Chintai founder and CEO added, "B1 has supported us every step of the way to build a unique and powerful technology stack for regulated real world digital assets.
- Our clients can now create disruptive business opportunities with our technology, increase operational efficiency, and access new avenues of fundraising."
Hong Kong based Web3 and blockchain fintech fund launches with USD100m in first close.
CMCC Global raised USD100m to launch a new venture capital fund that will empower entrepreneurs in Hong Kong and beyond to build innovative Web3 companies.
- CMCC Global raised USD100m to launch a new venture capital fund that will empower entrepreneurs in Hong Kong and beyond to build innovative Web3 companies.
- HONG KONG, Oct. 4, 2023 /PRNewswire/ - Hong Kong's push towards Blockchain enabled Fintech and Web3 innovation received strong tailwind through a new fund that CMCC Global launched this week.
- The Titan Fund has reached its fundraising target of USD100m in the first close and is supported by a number of world leading blockchain investors.
- The Titan Fund is an institutional grade fund with State Street as the fund administrator and EY as the auditor.
Moody's affirmed Ba3 rating and stable outlook for SeABank
Moody's has affirmed SeABank's rating at Ba3 and stable outlook.
- Moody's has affirmed SeABank's rating at Ba3 and stable outlook.
- The affirmation of SeABank's ratings with a stable outlook reflects Moody's expectation that the bank's strong and improving capitalization.
- According to Moody's, SeABank continues to receive a Ba3 credit rating for both Issuer and Foreign Currency Deposit ratings.
- Moody's affirmation of SeABank's rating with a stable outlook reflects the organization's expectations of the bank's strong and improving capital.
Moody's affirmed Ba3 rating and stable outlook for SeABank
Moody's has affirmed SeABank's rating at Ba3 and stable outlook.
- Moody's has affirmed SeABank's rating at Ba3 and stable outlook.
- The affirmation of SeABank's ratings with a stable outlook reflects Moody's expectation that the bank's strong and improving capitalization.
- According to Moody's, SeABank continues to receive a Ba3 credit rating for both Issuer and Foreign Currency Deposit ratings.
- Moody's affirmation of SeABank's rating with a stable outlook reflects the organization's expectations of the bank's strong and improving capital.
MF & Co Launches New Index Analytics Portal For CRTx® Index
Mark Fontanilla & Co., LLC (MF & Co) announced today the launch of its advanced index analytics digital platform, the CRTx® Index Portal, for the company’s flagship CRTx® (Credit Risk Transfer Return Tracking Index) Index Suite.
- Mark Fontanilla & Co., LLC (MF & Co) announced today the launch of its advanced index analytics digital platform, the CRTx® Index Portal, for the company’s flagship CRTx® (Credit Risk Transfer Return Tracking Index) Index Suite.
- With this new portal, the company is also adding index variations to its comprehensive CRTx® bond index family, in addition to introducing a flat fee structure for benchmark index licensing.
- In conjunction with the launch, MF & Co is introducing several other product updates:
New M1, M2, B1, B2, & B bond class index configurations have been added to the CRTx® Index Suite, and are only available via the CRTx® Index Portal. - “The CRTx® Index Portal provides the ability to get faster, more dynamic insights into index performance than ever before.
Lepro Unveils World's Leading AI Lighting, LightGPT™, The Lighting Industry's "ChatGPT"
A keystone of Lepro technologies, the proprietary LightGPT™ offers users an AI-driven lighting experience, recommending light effects in real-time to voice commands and photographic cues.
- A keystone of Lepro technologies, the proprietary LightGPT™ offers users an AI-driven lighting experience, recommending light effects in real-time to voice commands and photographic cues.
- Through the Lepro app, users can input a photograph or vocalize their current emotional state to access self-generative lighting effects.
- Lepro B1 goes beyond traditional lighting by matching your home lighting to your mood.
- Simply snap a selfie, upload it on the Lepro app, or express your mood verbally to enjoy personalized lighting that reflects how you feel.