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Bahrain EDB Attracts Over USD 380 Million in Investment Commitments from Singapore

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SINGAPORE, SINGAPORE / ACCESS Newswire / February 25, 2025 / The Bahrain Economic Development Board (Bahrain EDB) has secured over USD 380 million in investment commitments from Singapore-based companies, since the launch of Bahrain EDB office in Singapore in November 2023, across a number of priority sectors, namely financial services, ICT, manufacturing, and tourism. Marking … Continued

Rabobank announces 0.25% cut in variable base rate for rural loans

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Rabobank Australia has announced it will reduce the variable base rate on its rural loans by 0.25% per annum, effective February 28, 2025.   Rabobank group executive for Country Banking Australia, Marcel van Doremaele said the bank was pleased to be able to pass on the full 0.25% rate reduction to its Australian rural lending … Continued

Economics Committee releases report on the four major banks

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The House Standing Committee on Economics has released its report on Australia’s four major banks, concluding a series of annual public hearings throughout the 47th Parliament with executives from CBA, Westpac, ANZ and NAB. These hearings are a key part of the Committee’s long-standing role in scrutinising the major banks, a practice upheld since the 45th Parliament. Chair of the … Continued

New Chair appointed for the Customer Owned Banking Code Compliance Committee

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The Customer Owned Banking Code Compliance Committee (COBCCC) welcomes the appointment of Ms Danielle Press as its new Chair. Ms Press is currently Chair and Non-Executive Director of Insignia Financial Trustees, and brings extensive experience in financial services, corporate governance, and regulatory oversight to her new role with the COBCCC. She has held executive leadership … Continued

MyState Limited and Auswide Bank Merger Implemented

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MyState Limited today announced the implementation of its merger with Auswide Bank Ltd(Auswide). MyState Managing Director & CEO Brett Morgan said: “Today we celebrate the first day of a new MyState with the Auswide merger complete. We look forward to growing into a stronger and larger regional bank with a more diverse customer and geographic … Continued

House Economics Committee to hear from Reserve Bank of Australia after the first monetary policy decision of 2025

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The House of Representatives Standing Committee on Economics will hold its first biannual public hearing of 2025 with the Governor of the Reserve Bank of Australia (RBA), Ms Michele Bullock, and other senior RBA officials on Friday 21 February 2025. This will be the RBA’s first parliamentary appearance following its much-anticipated 18 February monetary policy decision. Committee … Continued

Economics Committee to hear from ACCC

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The House of Representatives Standing Committee on Economics will hold a public hearing for its ongoing reviews of the Australian Competition and Consumer Commission’s annual reports 2021–2023. Chair of the Committee, Dr Daniel Mulino MP, said that ‘the ACCC has a crucial role in promoting competition and fair trading, protecting consumer rights, and ensuring competitive and well-regulated markets. The … Continued

Circulate Capital Strengthens Indonesia Commitment With the Appointment of Dondi Hananto as Associate Investment Partner, SEA, and Head of Indonesia

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SINGAPORE, SG / ACCESS Newswire / February 6, 2025 / Circulate Capital, a leading circular economy investment management firm in high-growth markets, has appointed Dondi Hananto as Associate Investment Partner, Southeast Asia, and Head of Indonesia. This strategic appointment reinforces Circulate Capital’s commitment to strengthening its commitment to investing in in Indonesia, a key market … Continued