IDR | Jotup

Turkiye Garanti Bankasi A.S.: Announcement regarding Fitch Ratings

Retrieved on:

Wednesday, April 10, 2024

Rating, Subordinated debt, RWP, Fitch Ratings, IDR, Woodwind instrument, Outlooks

Fitch Ratings has upgraded Garanti BBVA’s Long-Term Foreign Currency and Local-Currency Issuer Default Ratings (IDRs) to “B” from “B-“ and to “B+” from “B”, respectively and revised the Outlooks to “Positive” from “Stable” on March 15, 2024.

Key Points:

Fitch Ratings has upgraded Garanti BBVA’s Long-Term Foreign Currency and Local-Currency Issuer Default Ratings (IDRs) to “B” from “B-“ and to “B+” from “B”, respectively and revised the Outlooks to “Positive” from “Stable” on March 15, 2024.
The rating action follows the upgrade of Türkiye's Long-Term IDR to “B+/Positive” from “B/Stable” on March 8th, 2024.
The agency has also upgraded the Bank’s Long-Term Senior Unsecured Debt and Subordinated Debt ratings to “B” from “B-“ and to “B-“ from “CCC+”, respectively and the Shareholder Support rating to “b” from “b-“.
The Bank’s Viability Rating has also been placed on Rating Watch Positive (RWP) at “b”.

Christine Cooper, Founder and CEO, aequum, Leads Discussion on Healthcare Price Transparency Panel at SIIA Spring Forum 2024

Retrieved on:

Tuesday, March 19, 2024

aequum LLC , which serves more than 425 self-insured health plans and their participants, today announces that Christine Cooper, founder and CEO, aequum and co-chair of the Self-Insurance Institute of America, Inc. (SIIA) Price Transparency Committee , will be participating in a 75-minute discussion on Healthcare Price Transparency at the SIIA Spring Forum.

Key Points:

aequum LLC , which serves more than 425 self-insured health plans and their participants, today announces that Christine Cooper, founder and CEO, aequum and co-chair of the Self-Insurance Institute of America, Inc. (SIIA) Price Transparency Committee , will be participating in a 75-minute discussion on Healthcare Price Transparency at the SIIA Spring Forum.
We must ensure they are better prepared to navigate the Independent Dispute Resolution Process and make informed healthcare decisions."
Cooper’s panel will examine crucial topics discussed at SIIA’s Healthcare Transparency Forum in February, distilling the most pertinent and timely content shared with attendees at that event.
By facilitating discussions like these and providing actionable insights, we strive to create a more transparent and equitable healthcare system for all."

Bullhorn Copilot Launches With AI Tools Tailored to the Staffing Industry

Retrieved on:

Thursday, March 14, 2024

Professional Services, Data Management, Technology, Human Resources, Software, Artificial Intelligence, Synthetic media, Algorithm, ATS, AI, LLM, IDR, Machine learning, Privacy, Sales

Bullhorn, the global leader in software for the staffing and recruitment industry, today announced the launch of its new AI solution, Bullhorn Copilot.

Key Points:

Bullhorn, the global leader in software for the staffing and recruitment industry, today announced the launch of its new AI solution, Bullhorn Copilot.
Bullhorn Copilot will span the entire Bullhorn platform, beginning with Copilot Starter, a set of generative AI capabilities embedded directly in recruiters’ ATS/CRM.
Like many others, the staffing industry quickly adopted generative AI in 2023, with 55% of staffing firms reporting that they have experimented with AI, according to a recent Bullhorn survey of staffing professionals worldwide.
Bullhorn’s approach will apply AI technology to three categories designed specifically to serve the needs of staffing firms: generative AI, source and match AI, and directive AI.

AM Best Affirms Credit Ratings and Assigns National Scale Rating to PT Asuransi Astra Buana

Retrieved on:

Thursday, March 14, 2024

Insurance, Professional Services, Health, Astra, ERM, Communication, ALL, AAA, News, Jardine Matheson, FSR, NSR, Credit, IDR, AM Best, ID, Risk management

AM Best has affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) to PT Asuransi Astra Buana (Asuransi Astra) (Indonesia).

Key Points:

AM Best has affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) to PT Asuransi Astra Buana (Asuransi Astra) (Indonesia).
Concurrently, AM Best has assigned the Indonesia National Scale Rating (NSR) of aaa.ID (Exceptional) to Asuransi Astra with a stable outlook.
Profitable business from its parent group, PT Astra International Tbk (Astra group), is one of the key contributors to Asuransi Astra’s strong operating performance.
For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .

Bank Rakyat Indonesia's BRImo Surpasses 30 million Users, Moving Financial Inclusion Forward

Retrieved on:

Tuesday, April 2, 2024

Financial management, Database, Growth, Environment, Transport, IDX, Carbon, IDR, BRI, Heart, BBRI, Facial recognition, Online shopping

JAKARTA, Indonesia, April 2, 2024 /PRNewswire/ -- PT Bank Rakyat Indonesia (BRI) Persero Tbk. (IDX: BBRI) is unveiling the major success of BRImo, its flagship app for mobile banking services that are accessible anytime, anywhere. Launched in 2019, BRImo has already grown its database from 2.9 million to 31.6 million total users and reached IDR 4.158 trillion transaction value in December 2023. The number surpassed the reach of numerous other mobile banking solutions from its peers.

Key Points:

(IDX: BBRI) is unveiling the major success of BRImo, its flagship app for mobile banking services that are accessible anytime, anywhere.
Launched in 2019, BRImo has already grown its database from 2.9 million to 31.6 million total users and reached IDR 4.158 trillion transaction value in December 2023.
The app's cashless transactions and financial monitoring help micro, small, and medium enterprises (MSMEs) to grow by facilitating financial management.
BRImo potentially helped users reduce their carbon footprints by 597,105 kgCO2e throughout 2023, while facilitating financial inclusion by expanding access to banking services.

Bank Rakyat Indonesia's BRImo Surpasses 30 million Users, Moving Financial Inclusion Forward

Retrieved on:

Tuesday, April 2, 2024

Financial management, Database, Growth, Environment, Transport, IDX, Carbon, IDR, BRI, Heart, BBRI, Multimedia, Facial recognition, Online shopping

JAKARTA, Indonesia, April 2, 2024 /PRNewswire/ -- PT Bank Rakyat Indonesia (BRI) Persero Tbk. (IDX: BBRI) is unveiling the major success of BRImo, its flagship app for mobile banking services that are accessible anytime, anywhere. Launched in 2019, BRImo has already grown its database from 2.9 million to 31.6 million total users and reached IDR 4.158 trillion transaction value in December 2023. The number surpassed the reach of numerous other mobile banking solutions from its peers.

Key Points:

(IDX: BBRI) is unveiling the major success of BRImo, its flagship app for mobile banking services that are accessible anytime, anywhere.
Launched in 2019, BRImo has already grown its database from 2.9 million to 31.6 million total users and reached IDR 4.158 trillion transaction value in December 2023.
The app's cashless transactions and financial monitoring help micro, small, and medium enterprises (MSMEs) to grow by facilitating financial management.
BRImo potentially helped users reduce their carbon footprints by 597,105 kgCO2e throughout 2023, while facilitating financial inclusion by expanding access to banking services.

ADP Teams Up with Summer to Support SECURE 2.0 Student Loan Retirement Match

Retrieved on:

Thursday, March 28, 2024

Retirement, PSLF, Pressure, IDR, Public Service Loan Forgiveness, ADP, Financial adviser

NEW YORK, March 28, 2024 /PRNewswire-PRWeb/ -- Today, Summer and ADP announced an integration to support student loan benefits offerings. This relationship will make it possible for all of ADP's retirement plan clients to offer Student Loan Retirement Matching and additional student debt tools through Summer's platform.

Key Points:

NEW YORK, March 28, 2024 /PRNewswire-PRWeb/ -- Today, Summer and ADP announced an integration to support student loan benefits offerings.
This relationship will make it possible for all of ADP's retirement plan clients to offer Student Loan Retirement Matching and additional student debt tools through Summer's platform.
Even when student loan payments were paused, many student loan debt holders reported they delayed saving for retirement due to that debt, and with payments now resumed, employees may feel increased pressure to prioritize paying down debt over saving for retirement.
The SECURE 2.0 Act helps alleviate this savings challenge by allowing employers to treat student loan payments as qualifying contributions toward retirement plans.

ADAMA Appoints Two New Management Members: Florian Wagner to EVP Portfolio and Innovation; Ruthie Zeltzer to EVP People

Retrieved on:

Wednesday, March 27, 2024

Florian Wagner will lead the end-to-end management of ADAMA's portfolio lifecycle, accelerating and refining innovation processes.

Key Points:

Florian Wagner will lead the end-to-end management of ADAMA's portfolio lifecycle, accelerating and refining innovation processes.
Ruthie Zeltzer takes on the responsibility of fortifying ADAMA's organizational culture, ensuring its resilience amidst the evolving crop protection industry.
Steve Hawkins, President and CEO of ADAMA: "I am happy to extend a warm welcome to Florian and Ruthie as they join the Global ADAMA Leadership Team.
"The creation of a new Portfolio and Innovation division, that will be led by Florian, encompasses the end-to-end management of ADAMA's portfolio lifecycle.

Turing Announces Key Milestones as AI-Powered Tech Services Leader: Welcomes New Executives, Achieves 300% Increase in Developers and 70% Growth in Consulting Services

Retrieved on:

Tuesday, March 12, 2024

Agrawal, Learning, Entrepreneurship, Health, Data analysis, Intelligence, AI, Head, IBM, Coforge, LLM, Quaternary, PALO, IDR, Fintech, Operation, Capgemini, Service, Gen, Sales

PALO ALTO, Calif., March 12, 2024 /PRNewswire/ -- Turing, the world's first AI-powered tech services company, today announced milestone growth as a full-fledged tech consulting firm and the hire of two key executives, firmly establishing itself as a pioneering leader in the age of artificial intelligence. Since the March 2023 launch of Turing's Technology Services - a move that capitalizes on the company's in-house technology experts - its client base has surged by 70%, showcasing robust market demand for generative AI (GenAI) consultative solutions that enable enterprises to thrive in the dynamic, ever-evolving AI landscape. Additionally, the company saw a nearly 300% increase in the number of developers supporting Turing Services clients over the past year due to the continued high demand for skilled software engineers.

Key Points:

Additionally, the company saw a nearly 300% increase in the number of developers supporting Turing Services clients over the past year due to the continued high demand for skilled software engineers.
"Turing is answering that call by providing a full suite of AI consulting services in addition to our AI-powered, highly cost-efficient staff augmentation offering.
The launch of Turing Services in 2023 came on the heels of the prior year's triple-digit growth, fueling increased momentum and enabling the company to hit new milestones.
Turing has quickly emerged as the go-to resource for LLM training services and partners with the leading providers in the category.

GH Research Reports Full Year 2023 Financial Results and Provides Business Updates

Retrieved on:

Thursday, February 29, 2024

DUBLIN, Ireland, Feb. 29, 2024 (GLOBE NEWSWIRE) -- GH Research PLC (Nasdaq: GHRS), a clinical-stage biopharmaceutical company dedicated to transforming the treatment of psychiatric and neurological disorders, today reported financial results for the year ended December 31, 2023, and provided updates on its business.

Key Points:

DUBLIN, Ireland, Feb. 29, 2024 (GLOBE NEWSWIRE) -- GH Research PLC (Nasdaq: GHRS), a clinical-stage biopharmaceutical company dedicated to transforming the treatment of psychiatric and neurological disorders, today reported financial results for the year ended December 31, 2023, and provided updates on its business.
As announced in November 2023, both trials were recruiting slower than anticipated, in part due to the closure, for business reasons, of one of the two sites activated in each trial.
Subsequently, we have implemented measures to strengthen recruitment of both trials, including the addition of further clinical trial sites.
For the trial in patients with PPD (GH001-PPD-203), we now expect completion and availability of top-line data in the third quarter of 2024.