NPL network

Luis de Guindos: A resilient banking sector for the euro area

Retrieved on: 
Thursday, May 18, 2023
Gaps, Review, European Central Bank, Addition Financial, Housing, Civil service commission, Face, Fixed-rate mortgage, Communication, Wave, NPL, Shock, EBA, Common equity, Elliott District Community Government Council, Attention, Amortization, Element, Frankfurt, NPL network, Credit Suisse, EDIS, Risk, Bank, ECB, Income, Buffer, CMU, Growth, CRE, Reproduction, Environment, European Commission, Security printing, Creative industries, Management, Security (finance), Real estate, Renewable energy, Cryptocurrency, EU, Basel
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EQS-News: Aareal Bank doubles consolidated operating profit in the first quarter of 2023

Retrieved on: 
Thursday, May 11, 2023
Software as a service, Aareal Bank, Housing, NPL, Digital Solutions, NPL network, EBITDA, Investment, Consolidated, Bank, Environment, Cryptocurrency, Video game, Renewable energy, Software

We are taking a forward-looking, vigilant stance in the current challenging environment.”

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  • We are taking a forward-looking, vigilant stance in the current challenging environment.”
    Wiesbaden, 11 May 2023 – Aareal Bank Group doubled its consolidated operating profit in the first quarter, to €62 million (Q1 2022: €30 million).
  • In view of current volatility, Aareal Bank has selectively originated new commercial property finance business in the first quarter.
  • Chief Executive Officer Jochen Klösges said: “We have further increased our operating profitability and remain on course.
  • Aareal Bank continues to expect consolidated operating profit for 2023 of between €240 million and €280 million.

Popular, Inc. Announces First Quarter 2023 Financial Results

Retrieved on: 
Wednesday, April 26, 2023
Banking, Professional Services, Finance, PB, Insurance, Advertising, Probability, ETR, FDIC, GAAP, Non-commissioned officer, NPL network, Federal Deposit Insurance Corporation, Sale, Bulgarian Deposit Insurance Fund, Public sector, Popular, Inc., Trust, Corporation, GDP, TDR, Growth, ASU, ACL, Environment, Financial Accounting Standards Board, Life insurance, Bank, Security (finance), Real estate, Video game, BPPR

For the quarter ended March 31, 2023, net interest income was $531.7 million, compared to $559.6 million in the previous quarter, a decrease of $27.9 million.

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  • For the quarter ended March 31, 2023, net interest income was $531.7 million, compared to $559.6 million in the previous quarter, a decrease of $27.9 million.
  • On a taxable equivalent basis, net interest margin for the first quarter of 2023 was 3.46%, compared to 3.64% for the prior quarter.
  • Net interest income for the BPPR segment amounted to $449.8 million for the first quarter of 2023, compared to $472.4 million in the fourth quarter of 2022.
  • Operating expenses for the first quarter of 2023 totaled $440.7 million, a decrease of $21.0 million when compared to the fourth quarter of 2022.

Encore CEO Ashish Masih Reappointed to U.S.-India CEO Forum

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Monday, August 8, 2022
Masih, EARC, Encore Capital Group, CEO, GLOBE, University, Lehigh University, Business, Commerce, Life, Russell, Institute, Engineering, Russell 2000 Index, ECPG, SAN, Bengal Chamber of Commerce and Industry, Wharton School of the University of Pennsylvania, NPL network, DE, Partnership, Wilshire, Public sector, NASDAQ, Forum, Culture, U.S.-India Business Council, MBA, Chief executive officer, Woman, Indian Institute of Technology (BHU) Varanasi, Information technology, Management, Industry, Technology, Encore

SAN DIEGO, Aug. 08, 2022 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today announced that its President and CEO, Ashish Masih, has been reappointed by U.S. Secretary of Commerce Gina M. Raimondo to the U.S.-India CEO Forum .

Key Points: 
  • SAN DIEGO, Aug. 08, 2022 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today announced that its President and CEO, Ashish Masih, has been reappointed by U.S. Secretary of Commerce Gina M. Raimondo to the U.S.-India CEO Forum .
  • The Forum brings together top-level business executives from both nations to discuss ways to strengthen economic and commercial ties.
  • The U.S. section of the forum includes the CEOs of 19 companies representing a broad and diverse range of industries from across the United States.
  • Through its subsidiaries around the globe, Encore purchases or services portfolios of receivables from major banks, credit unions and utility providers.