Banking News
The latest developments, earnings reports, and strategic shifts across global banking.
JPMorgan facilitated Syria's first letter of credit in 14 years
JPMorgan facilitated Syria's first documentary credit in 14 years for a Saudi Aramco fuel deal, according to Reuters, as a 65,000-tonne diesel shipment reached Baniyas.
Al Rajhi Bank nine-month profit rose 13.3% to SAR20.87 billion
Saudi Arabia's Al Rajhi Bank reported nine-month net income of SAR20.87 billion, up 13.3%, as operating income rose 13.4% and its financing portfolio expanded modestly.
Banamex completed $900 million AT1 bond placement at 9.5% coupon
Mexico's Banamex completed a $900 million additional Tier 1 perpetual bond placement carrying a 9.5% coupon, converting an earlier marketing exercise into an executed capital transaction.
Capital One third-quarter profit rose as Discover integration progressed further
Capital One reported third-quarter net income of $3.54 billion, up from $3.19 billion a year earlier, as revenue increased and the Discover integration continued to progress.
Norway's DNB beat forecasts despite 7.9% fall in third-quarter profit
Norway's DNB reported third-quarter net profit of NOK9.84 billion, down 7.9% year on year but above analysts' NOK9.06 billion forecast as lending competition kept margins under pressure.
Qatar’s Ahlibank nine-month profit held steady as lending expanded 13%
Ahlibank’s nine-month net profit edged 0.1% higher to QAR676.8 million, while loans grew 13% to QAR43.1 billion and customer deposits rose 1.7% by end-September 2026.
Fitch raised outlooks on eleven Nigerian banking issuers to positive
Fitch revised the outlooks on nine Nigerian banks and two bank holding companies to positive, while affirming their long-term issuer default ratings at B, unchanged.
Colombia's Findeter raised COP300 billion through oversubscribed ordinary bond issue
Findeter raised COP300 billion in Colombia's bond market after receiving COP569.98 billion of orders, placing three-, five- and ten-year tranches to fund regional infrastructure lending.
JPMorgan launches JPM Coin deposit token on Ethereum mainnet for institutional clients
JPMorgan has made JPM Coin, a token representing dollar deposits, available to institutional clients on Ethereum, extending it beyond Base, where the token launched almost a year ago.
ICICI Bank's second-quarter profit rises 20.1% to Rs 14,843.03 crore as margin narrows
Standalone net profit rose 20.1% to Rs 14,843.03 crore for the September quarter, while net interest margin fell to 4.18% from 4.36% in the previous quarter.
Egypt approves Banque du Caire IPO of 30% stake worth up to EGP 24.25 billion
The regulator clears a sale of up to EGP 24.25 billion in Banque du Caire shares, with orders accepted from 19 to 23 October 2026 and trading expected in November.
Nigerian banks raise N4.65trn in fresh capital as inflation falls to 14.63%
Nigeria's banking sector raised N4.65 trillion in fresh capital through recapitalisation, CBN Governor Olayemi Cardoso said, as headline inflation declined to 14.63 per cent in September.