Thomson Financial BankWatch assigned a Senior Debt Rating of A+ (single A plus) to Den Norske Bank’s senior debt outstanding. Den Norske Bank (DnB) is Norway’s largest banking group, having significantly enhanced its domestic franchise via the acquisition of Postbanken – a leading domestic regional bank – in 1999. DnB turned in a strong result for 1999, its ROA just under 1%, with its asset quality significantly improved following fairly significant problems experienced in the shipping sector in the previous year. Its capital levels also improved, its Tier 1 capital ratio at 7.8%. The bank has recently entered into the Nordpay alliance – along with BG Bank, Postgirot and Leonia – in order to strengthen its reach within the Nordic markets, given the on-going strength of consolidation still being experienced within these markets.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more