The bank's capital ratios remain the weakest among the big four SOE banks. ABC's growth in corporate deposits is under pressure as a result of increasing competition and falling deposit rates.

The centerpiece structure of downtown San Jose for the past century is on the verge of a major comeback.

The European Investment Bank announced Thursday that it signed a strategic agreement with Italy to provide €107.5 million ($126 million) funding to help strengthen the country's defense and ...

Italy’s Bank Deals Trip Over Pushback From Investors and Rome For almost a year now, Italy has been at the center of a renaissance in European bank takeovers, with at least half a dozen deals ...

Fabio Panetta, the Governor of the Bank of Italy and a former European Central Bank (ECB) official, has stated that Europe’s crypto stability depends on a central bank digital currency (CBDC ...

Presenting the Bank of Italy's annual report in Rome, Governor Fabio Panetta said consolidation efforts could bring Italy's banking sector more into line with that of the other main European ...

The rating upgrade also marks the realignment of Bank ABC’s ratings as investment grade across both major global agencies, with S&P also maintaining its ‘BBB-’ rating with Stable outlook.

Bahrain - Bank ABC (Arab Banking Corporation), a leading international bank based in Bahrain, announced yesterday that Fitch Ratings has upgraded its Long-Term Issuer Default Rating (IDR) to ‘BBB-’ ...

This appointment aligns with both parties’ digital transformation roadmap, which combines the bank’s African foothold with FGA Trust’s AI-powered solutions to unlock high-growth ...

In its latest Financial Stability Report, the Bank of Italy warned of the growth of cryptocurrencies, saying the new asset class poses a danger to both investors and financial stability.

The World Bank and Italy today signed an agreement to advance sustainable development in Africa, complementing the country’s recent contributions to multilateral development and increasing its ...