Browsing Tag

banks

European Union will improve bank dissolution

The Ministers of Economy and Finance (Ecofin) gave the green light to the prudential regulatory framework for credit institutions operating in the European Union, to improve the bank dissolution process and help ensure that these entities…

BNC acquires Banco Occidental de Descuento (BOD)

The National Credit Bank (BNC) confirmed through a statement sent by the Superintendency of Institutions of the Venezuelan Banking Sector (Sudeban) the purchase of Banco Occidental de Credito (BOD). It is expected that as of June 27, BOD…

SEBA Bank launches token backed by physical gold

The digital asset banking platform SEBA Bank, fully integrated into the Swiss financial market regulatory body since 2019, launched its Golden Token. The digital token is regulated to make investments and deliver physical gold on demand,…