approval

Emlak Bank gets regulatory nod to re-enter Turkish financial sector

Emlak Bank has received approval from the Turkish banking regulator to re-launch its operations in country as a participation bank.…

Latvia approves voluntary liquidation of ABLV Bank

Latvian banking regulator Financial and Capital Market Commission (FCMC) has approved the self-liquidation of ABLV Bank. The decision, taken at…

Foreign banks seek approval to open branches in India

Nearly 14 foreign banks have sought India’s central bank approval to open branches and begin operations in the country. Four…

DBS obtains nod to operate wholly-owned-subsidiary in India

Singapore’s DBS Bank has secured in-principle nod from the Reserve Bank of India (RBI) to set up a wholly-owned-subsidiary (WOS)…

EU gives go-ahead to €5.4bn state bailout for Italy’s Monte dei Paschi

The European Union (EU) has given the green light to the €5.4bn bailout of troubled Italian lender Monte dei Paschi…