Tag: regional banking
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Namibia’s Local Banks Step Up: N$6 Billion Facility to Refinance Eurobond Debt
Overview: Local Banks Backstopping the Government’s Debt Strategy Namibia’s financial sector has rallied to support a government strategy aimed at stabilizing and refinancing its international debt. Local banks have mobilized a total of about N$6 billion to help settle portions of a multibillion Eurobond liability, underscoring the role of domestic lenders in sovereign debt management.…
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DBS Q3 Profit Falls 2% but Beats Market Expectations
DBS Q3 Profit Declines 2% but Surpasses Expectations Singapore-based DBS Group Holdings Ltd. reported a 2% dip in net profit for the third quarter ended September 30, 2025, to S$2.95 billion from S$3.03 billion in the same period a year earlier. Despite the softer bottom line, the results beat market expectations on the back of…