Tag: Lending growth
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UBA closes rights issue, raises N157bn to boost capital and lending
UBA closes rights issue to strengthen capital base The United Bank for Africa (UBA) has successfully closed its rights issue, signaling a strong reception from investors and a robust appetite for capital expansion. The Nigerian financial institution announced a full subscription, with total proceeds reaching approximately 157.84 billion Nigerian naira from the offering. The success…
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Public Bank Q3 Profit Declines on Softer Interest Income
Public Bank Faces a Q3 Profit Dip as Interest Income Eases Public Bank Bhd, one of Malaysia’s leading financial institutions, reported a decline in net profit for the third quarter ended September 30, 2025. The bank posted RM1.84 billion in net profit, down 3.65% from RM1.91 billion recorded in the corresponding period last year. The…