Summary: Mumbai (Maharashtra) [India], Aug 28 (ANI): Global rating agency S&P has placed IDBI Bank on credit watch, citing uncertainty over its ability to meet
capital requirements over the next few months.
Australia's financial services regulator has imposed more
capital requirements on Allianz Australia.
ENPNewswire-August 6, 2019--DBRS Releases Commentary on Major Australian Banks: Higher
Capital Requirements Manageable
Plans to increase minimum
capital requirements will lead to consolidation in the GCC Islamic insurance industry, S&P Global Ratings said in a new report.
The declaration, amount and payment date of any future dividends by Nutrien is at the discretion of the Board of Directors and will depend on numerous factors, including compliance with applicable laws and the financial performance, debt obligations, working
capital requirements and future
capital requirements of Nutrien and its subsidiaries, and the increased dividend amount will not impact Nutrien's previously announced 43c per share dividend declared on May 10, 2019 payable July 18, 2019 to shareholders of record on June 28, 2019.
The more stringent
capital requirements were pushed to make the insurance industry stronger and more resilient to shocks, thus safeguarding the money entrusted by policyholders.
It invited bids for Rs 1,000-crore Short Term Loan (STL) from financial institutions and banks to meet its "urgent working
capital requirements. "Air India is inviting bids for Government Guaranteed INR STL totalling to Rs 1,000 crore to meet its urgent working
capital requirements," the airline said.
The Insurance Commission (IC) has shut down the operations of five non-life insurance companies due to their failure to comply with the
capital requirements set by the Insurance Code.
Cambodia's banking sector saw an almost 32 percent increase in foreign capital inflow in 2017, a result of new foreign banks and stricter
capital requirements set by the National Bank of Cambodia, according to the central bank's annual report.
The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has revised the
capital requirements applicable to managers of collective investment funds (CIF) with immediate effect on 10 April 2017.
The Federal Reserve recently caught the attention of insurers when it announced proposed
capital requirements and prudential standards for certain insurance companies subject to its supervision.