Kiwibank Ltd. ‘A/A-1’ ratings affirmed; outlook positive
MELBOURNE: S&P Global Ratings has affirmed its ‘A’ long-term and ‘A-1’ short-term issuer credit ratings on Kiwibank Ltd. The outlook on the long-term rating is...
Derwent London signs a new 5-tear £450 million revolving credit facility
LONDON: Derwent London has agreed and signed a new five-year £450 million revolving credit facility (RCF) from HSBC UK, Barclays and NatWest. The financing includes...
S&P revises outlook on Powerlong to stable from negative
HONG KONG: S&P Global Ratings has revised its outlook on Powerlong to stable from negative given enhanced debt control. At the same time, S&P affirmed...
Argo Blockchain to increase mining capacity by 240%
LONDON: Argo Blockchain, a leading enterprise-scale cryptominer based in the UK, has amended and expanded its existing order for mining equipment from leading supplier, Bitmain....
AM Best affirms credit ratings of Caribbean Alliance Insurance Company
OLDWICK: AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of Caribbean Alliance Insurance Company...
Doha Insurance posts profits
DOHA: Doha Insurance disclosed its financial statements for the period ending on the 30th of September, 2019. The statements show that the Net profit reached...
Zalaris posts 8.2% growth in revenues for September quarter
OSLO: Zalaris ASA, the provider of payroll and HR solutions, posted third quarter ended September 30, 2019 revenues of NOK 190.7 million making 2019 the...
BH Mubasher Financial Services posts profits in Q3
DUBAI: BH Mubasher Financial Services (BHM), a leading brokerage firm in the UAE’s financial market, reported a quarterly profit in the third quarter following an...
Begbies Traynor acquires Alexander Lawson Jacobs Limited
LONDON: Begbies Traynor Group announced the acquisition of the entire issued share capital of Alexander Lawson Jacobs Limited (ALJ), a London-based insolvency and business recovery...
SGX reports 1Q FY2020 net profit of S$114 million
SINGAPORE: Singapore Exchange (SGX) has reported 1Q FY2020 net profit of S$114.2 million with revenues of S$247.6 million. EBITDA came in at S$156.4 million and...
S&P upgrades Australia’s Banking Industry and ANZ’s ratings
SYDNEY: S&P Global Ratings (S&P) announced it has increased the stand-alone credit profiles (SACP) of ANZ and the other major Australian banks by one notch...
Esterad Investment posts BD 1.17 million profits for the nine months of 2019
BAHRAIN: Esterad Investment Company (ESTERAD) announced at a meeting of its board of directors on Wednesday 23rd October 2019, the nine months financial results for...