167 press releases in English indexed under banking.
LOUISVILLE, Ky., October 23, 2026--Republic Bancorp, Inc. ("Republic" or the "Company") reported third quarter 2026 net income and Diluted Earnings per Class A Common Share ("Diluted EPS") of $31.1 million and $1.59, representing increases of 4% and 5% from the $29.7 million and $1.52 reported for the
FinanceFeeds is drawing attention to operational resilience as a strategic priority for banks, brokers, payment firms and market infrastructure providers, as recent cloud disruptions, infrastructure migrations and third-party software errors show how technology dependencies can affect customers. -- FinanceFeeds is drawing attention to operational resilience as a strategic priority for banks, brokers, payment firms an
-- Speed Lending is one mortgage broker worth considering for Sydney borrowers who want to discuss a home purchase, investment loan or refinancing in Chinese. Based in North Sydney, the business offers English and Chinese communication, telephone or video consultations, and assistance with preparing applications and following up with lenders. Its service may be particularly relevant to households balancing several in
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND OR SOUTH AFRICA OR IN ANY OTHER JURISDICTION IN WHICH THE TENDER OFFER WOULD BE PROHIBITED BY APPLICABLE LAW. FOR FURTHER INFORMATION, PLEASE SEE SECTION ENTITLED "IMPORTANT INFORMATION" BELOW.
DAYTON, Ohio, and VIRGINIA BEACH, Va., Oct. 23, 2026 -- Atlantic Bay Mortgage Group LLC (Atlantic Bay) today announced its entry into Ohio, continuing a period of retail expansion that includes the recent opening of its first Louisiana branch. The move extends Atlantic Bay's multistate footprint and brings its lending platform and support resources to Mortgage Bankers and homebuyers across Ohio.
Every year, sea turtles return to the beaches of northern KwaZulu-Natal where they began life. Once they leave the shore, national boundaries disappear. Some travel north through the Mozambique Channel, using waters and coastal habitats off Mozambique and Madagascar. Others journey into the wider Indian Ocean. South Africa can protect their nesting beaches. But no country can protect their entire journey alone. The turtle carries the central challenge of Western Indian Ocean conservation on its back. Strong national action is indispensable, but migratory species, connected habitats and shared ecosystems also require countries to work together. The finance supporting that cooperation must be capable of making the same journey. For the approximately 60 million people living within 100 kilometres of the Western Indian Ocean coastline, the stakes are immediate. Healthy marine ecosystems support food security, livelihoods, trade, tourism and protection from storms. They are the natural foundation of the sustainable blue economies our countries are working to build. Their value reaches far beyond the region. Our mangroves and seagrasses store carbon. Our reefs sustain biodiversity of global importance. Our waters support migratory species whose journeys connect coastlines and the wider ocean. Protecting them is both a regional responsibility and a global interest. The WIO does not lack ambition. Nor is it waiting for others to define what ocean conservation should look like. In my own country, Seychelles, we have seen what can happen when ocean ambition is matched by political commitment and innovative finance. Our marine spatial planning and conservation-finance experience demonstrate that protecting the ocean can be integrated with national development. This learning does not belong to Seychelles alone, across the WIO, other countries are now advancing approaches shaped by their own priorities and circumstances. Through the Nairobi Convention, governments have committed to stronger cooperation, sustainable blue economies and effective, inclusive ocean governance. The Regional Ocean Governance Strategy has established the mandate. We are now tasked with building the financing mechanisms capable of delivering it. That task is no small feat. Conserving 30% of marine and coastal areas by 2030 requires more than drawing boundaries on a map. Protected areas must be supported by science, effective management, enforcement, community participation and investment in sustainable livelihoods. With the landmark BBNJ Agreement now in force, new possibilities are opening for conservation beyond national waters. The WIO must be ready to influence how the Agreement is implemented through regional research, proposals, and cooperation from the coast to the high seas. But these responsibilities will extend far beyond any single project or grant. Reefs do not recover according to project deadlines. Fisheries do not rebuild within funding cycles. Conservation requires continuity. On Anjouan in Comoros, women from three coastal villages formed an association after learning from fishing communities in Madagascar and Zanzibar. They temporarily closed part of their reef to octopus fishing, helped enforce the closure and waited. When the fishing ground reopened, the average octopus caught was twice its previous weight. The idea crossed borders because communities could learn from one another. WIO communities are not waiting for conservation to arrive. They are already leading it. Sustaining and extending their progress requires finance that supports local leadership, shared knowledge and long-term management. National institutions and project investments remain essential. But some responsibilities are regional by nature. Fisheries move, species migrate and habitats connect. Protecting offshore and transboundary ecosystems therefore requires countries to work together over time. No single fund can finance every aspect of the WIO ocean agenda. Pollution control, greener ports, maritime priorities and conservation require different instruments. Within that wider architecture, a Western Indian Ocean Regional Conservation Trust Fund (RCTF) could fill a specific gap: mobilising and deploying sustained finance for conservation priorities that cross borders and are best addressed together. Designed to complement and not compete with national funds, development banks and project finance, the RCTF would focus only where regional cooperation adds clear value. The region is not starting from zero on this issue. Consultations with governments, conservation organisations and financial partners have begun, informed by experience within the WIO and elsewhere. The next phase must remain government-led, determining the fund’s priorities, safeguards, governance and relationship with existing institutions. International partners can help accelerate that work. They are not being asked to create a new agenda or finance another isolated project. They can help build one component of a regionally owned financing architecture, directed toward conservation needs that conventional funding struggles to sustain. This is not simply an opportunity to fund conservation in the WIO. It is an opportunity to invest in the WIO’s capacity to lead it. When governments meet at COP12 in October, they will mark 40 years of cooperation through the Nairobi Convention. They must also look ahead. A sustainable blue economy for the region must be built on healthy ecosystems backed by reliable, long-term finance. COP12 should authorise a government-led next phase for the RCTF, defining where it can add value and how it should operate within the regional architecture already endorsed. International partners have an opportunity to invest early in a regionally owned mechanism designed to sustain conservation impact well beyond a single project or funding cycle. The Western Indian Ocean is one connected ocean. Its future demands finance equal to the distance its species travel, the connections its ecosystems sustain and the ambition its countries are ready to turn into action. Distributed by APO Group on behalf of Ministry of Environment, Climate, Energy and Natural Resources, Seychelles.
During their stay in Ankara for the first session of political consultations between Burkina Faso and the Republic, the Burkinabe delegation led by the Comrade Secretary General of the Ministry of Foreign Affairs, Ambassador Hermann Yirigouin TOE, conducted wide-ranging consultations on October 20 and 21, 2026 with numerous figures within various Turkish state structures. Thus, the delegation visited in turn the Maarif Foundation, the Cooperation and Coordination Agency (TIKA), the Higher Education Information Council, the Ministry of Health, the Council for External Economic Relations (DEIK), and the Ministry of National Education. At the MAARIF Foundation, Ambassador Hermann Yirigouin TOE and his delegation held discussions with Anet BEY, Head of Africa at the MAARIF Foundation, assisted by colleagues. He welcomed the signing of an establishment and management agreement with the foundation, which already owns schools in Ouagadougou and Bobo-Dioulasso, and the awarding of scholarships for Burkinabe students. She also requested the foundation's support for increasing the number of these scholarships and for support in the areas of education and vocational and technical training. MAARIF agreed to all of these requests. The two parties also discussed opportunities for expanding the foundation's activities in Burkina Faso. At the Cooperation and Coordination Agency (TIKA), the Turkish development agency founded in 1992, the Secretary General of the Ministry of Foreign Affairs was received by Dr. Yahya Coskun, Vice President of the institution. TIKA has numerous achievements in Burkina Faso. Among other things, she supported the development of emergency medicine with the SAMU (Emergency Medical Service). The Agency expressed its support for a review of the project for its implementation. For 2027, it committed to providing support to Burkina Faso in the area of vocational and technical training, in line with the country's endogenous development objective. The Burkinabe delegation also expressed the wish that a TIKA office could be opened soon in Ouagadougou. At the Higher Education Council, discussions between Burkinabe and Turkish representatives focused primarily on the issue of renewing the 2024 memorandum of understanding, which sets out the conditions for cooperation in academic and university matters and which has now expired. From the outset, Burkina Faso expressed its commitment to preserving the existing agreements, maintaining this cooperation, and strengthening it. The Turkish Council for Higher Education also supports this renewal and promises to increase the number of scholarships for Master's and Doctoral programs for Burkinabe students. The Turkish side stated that it was open to any proposals for improving our cooperation within the framework of the new agreement. A prioritized list of Burkina Faso's needs will be sent to Turkey immediately. Researchers from Burkina Faso will also be able to access and apply to the project bank of Turkish research centers. At the Ministry of Health, the Burkinabe delegation was received by the Vice-Minister, Professor Nurullah OKUMUS. Ambassador Hermann Yirigouin TOE praised the dynamism of cooperation between our two countries in the field of health, with the success of the first kidney transplant in Burkina Faso as a concrete achievement. The Turkish Deputy Minister expressed his country's commitment to continuing its support for Burkina Faso in organ transplantation. This support will take the form of training and skills development for trainers, keeping pace with evolving knowledge in the field. He also expressed support for facilitating agreements between Turkish public hospitals and the Burkinabe Ministry of Health as part of deepening health cooperation. Professor Nurullah OKUMUS expressed interest in the Kokologho pharmaceutical technopole project, which could offer investment opportunities to Turkish companies. At the Foreign Economic Relations Board (DEIK), which represents 4,000 Turkish companies, discussions led to a proposal to hold a business and investment forum between Burkina Faso and Turkey in Burkina Faso. Turkish exports to Burkina Faso are projected to increase from US$122.24 million in 2023 to US$177.84 million in 2025. This growth testifies to the dynamism of our trade relations, and Ambassador TOE commended the important role played by DEIK in bringing Turkish and Burkinabe businesses closer together. He urged the institution to be more actively involved in resolving disputes between Turkey and Burkinabe to prevent Burkinabe companies from continually suffering losses. DEIK, through Ms. Vahit Oguz Cetin, one of its leaders for West Africa, advocated for the facilitation of banking transactions and an agreement on the elimination of double taxation. The Burkinabe delegation explained that this issue of double taxation is addressed at the confederal level within the Confederation of Sahel States (AES). It encouraged joint ventures and the establishment of sustainable partnerships, particularly in agri-food, cold chain logistics, textiles, solar energy, mining, technical training, etc., to boost national economic development. At the Turkish Ministry of National Education, discussions focused primarily on the issue of improving the quality of education desired and sought by Burkina Faso to support its project for the economic and social transformation of the country within the framework of the Popular Progressive Revolution. The Turkish Department of Education has stated its readiness to examine all options regarding the training of teachers and administrators of the education system, the sharing of experience in vocational and technical training, the sharing of school programs and training curricula, and the implementation of new programs. He also proposed twinning projects between Turkish and Burkinabe schools for a mixing of peoples, the ambition being to leave future generations a legacy of relations based on friendship and cooperation. Between two consultations, Ambassador Hermann Yirigouin TOE and his delegation visited the Atatürk Mausoleum named after Mustafa Kemal ATATÜRK, the Founder of the Republic of Türkiye. A return to the roots of modern Türkiye, rich in lessons about the determination of a man and the nationalism of a people who knew how to take charge of their destiny and establish themselves in the concert of nations. Distributed by APO Group on behalf of Ministère des Affaires étrangères, Burkina Faso.
WASHINGTON DC, USA, 23rd October 2026, FinanceWire … Read More The post aiNTEL Launches Agentic Investigator, Giving Bank Financial Crime Teams a Complete Case in Hours, Not Days appeared first on FinanceWire - Financial Press Release Distribution, Finance PR.
NET INTEREST INCOME ROSE $20 MILLION OR 5% WHILE THE NET INTEREST MARGIN INCREASED FOUR BASIS POINTS TO 2.17% TOTAL LOANS INCREASED FOR A SECOND CONSECUTIVE QUARTER UP $958 MILLION OR 6% ANNUALIZED, DRIVEN BY CONTINUED MOMENTUM IN THE COMMERCIAL BANKING BUSINESS AS C&I LOANS INCREASED...
Eight credit unions join GrooveCar Direct to enhance digital car shopping, drive auto loan growth and strengthen member engagement. FARMINGDALE, N.Y., Oct. 23, 2026 -- GrooveCar Direct, the nation's leading car shopping program built for credit unions, is expanding its...
RBI 2027 Entries Open Retail Banker International Asia Trailblazer Awards 2027 The 18th edition broadens recognition across digital banks and specialist finance providers The expanded awards reflect how the industry is changing, both in terms of the institutions serving retail customers and the partnerships delivering banking transformation” — Sarah Rizvi, editorial and programme director for RBI SINGAPORE, SINGAPORE
Côte d’Ivoire's Poro Power solar project has received international recognition for a pioneering investment structure led by Africa Finance Corporation (AFC) (www.AfricaFC.org/), demonstrating how African capital can be mobilised to develop essential infrastructure and accelerate the transition to cleaner energy. The facility is expected to become Côte d’Ivoire's largest solar plant when operational in 2027. The project won ESG Green Bond Deal of the Year for Africa at the recent Infra Global ESG Awards 2026 in London, while AFC received ESG Green Bond Arranger of the Year for Africa. The double honours recognise the innovation behind the Poro Power transaction and AFC's role in structuring and mobilising investment for sustainable infrastructure. Developed by Ivorian entrepreneurs, the 66-megawatt solar plant is under construction in northern Côte d’Ivoire near the city of Korhogo. It is projected to generate approximately 136 gigawatt-hours (GWh) of electricity annually, meeting the needs of more than 100,000 households and benefiting an estimated half a million people. Beyond providing homes, public services and businesses with reliable power, the project will help Côte d’Ivoire towards meeting its target of increasing renewable energy's share of electricity generation to 45% by 2030. The Government of Côte d’Ivoire is enabling projects such as Poro Power through its initiative to encourage local private-sector participation in large-scale renewable energy projects, led by the Ministry of Mines, Petroleum and Energy under Minister Mamadou Sangafowa-Coulibaly. “These awards are a tremendous recognition for an Ivorian project developed to meet the needs of our own communities,” said Jean-Marc Aie, Chairman and CEO of Poro Power 1 S.A. “Our ambition is not simply to generate clean electricity, but to support businesses, create opportunities and contribute to the development of Côte d’Ivoire. The Ministry's strategy to empower local private developers to undertake large-scale renewable energy projects, together with AFC's investment and innovative financing structure, has been instrumental in bringing Poro Power to this stage.” The €65 million financing package, equivalent to approximately FCFA 42.6 billion, was raised through a green bond — an investment instrument that enables institutions to lend money to projects delivering environmental benefits. It was the first project-finance green bond in both Côte d’Ivoire and the West African Economic and Monetary Union (WAEMU), establishing a precedent for French-speaking West Africa, and was led, structured and fully funded by African institutions. The transaction allowed investors to participate in both euros and CFA francs, making it also Côte d’Ivoire's first dual-currency green bond. Together, these features demonstrate how African financial institutions can mobilise their own capital for major infrastructure projects, using financing structures suited to African markets. AFC invested €43 million (approximately FCFA 28.2 billion) in February 2026 and acted as anchor investor, lead underwriter and co-arranger. The equivalent of a further €22 million was raised from African investors, including local and regional banks, pension funds, insurance companies and high-net worth investors. The bond has a 15-year term, a fixed interest rate of 8.75%, and quarterly repayments following a two-year construction grace period. The financing combines the flexibility of a bond with safeguards normally used in project finance, including first-ranking security, dedicated revenue accounts and contractual protections that separate the project's cash flows from other activities. These measures help protect investors and align repayments with the plant's expected revenues. By bringing together AFC's investment alongside capital from other African institutions through a structure that accommodates both local and international currencies, the transaction offers a potential model for financing further renewable energy and infrastructure projects across the region. Its significance extends beyond Poro Power, providing a practical example of African money financing African projects and a structure that could be replicated across the continent. “Poro Power demonstrates that African financial institutions have both the capital and the expertise to finance large-scale renewable energy infrastructure through our own markets,” said Sameh Shenouda, Executive Board Member and Chief Investment Officer of AFC. “By combining the protections required for long-term project finance with the flexibility of capital markets, we have created a structure that can attract a broader range of African investors. This is an important model for mobilising the investment needed to expand reliable electricity supply, support industry and accelerate the energy transition across the region.” Once operational, the plant is projected to avoid approximately 72,000 tonnes of carbon dioxide emissions annually — equivalent to taking around 15,600 petrol-powered cars off the road for a year. The project includes a commitment to allocate €0.01 for every megawatt-hour of electricity generated towards to initiatives intended to benefit local communities. Distributed by APO Group on behalf of Africa Finance Corporation (AFC). Media Enquiries: yewande.thorpe@africafc.org About AFC: Nineteen years on, AFC has developed a track record as the partner of choice in Africa for investing and delivering on instrumental, high-quality infrastructure assets that provide essential services in the core infrastructure sectors of energy, natural resources, heavy industry, transport, and telecommunications. AFC has 48 member countries and has invested over US$19 billion in 36 African countries since its inception. www.AfricaFC.org