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QNB seeks growth in South East Asia after Q4 profit rises

  DUBAI / Reuters Qatar National Bank (QNB) is broadening its horizons in Southeast Asia after the Gulf’s largest lender reported 8.3 percent rise in fourth-quarter net profit, according to reports. It follows a year in which the bank cemented its position as the largest lender in the Middle East and Africa by assets after completing the 2.7 billion euro ...

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Polish banks plunge as regulators’ FX-loan plan revives woes

  Bloomberg Polish bank shares tumbled on Monday as the country’s watchdogs are seeking to impose higher capital requirements aimed at encouraging lenders to ditch foreign-currency home loans. The WIG Bank gauge slumped 1.7 percent as of 11:36 a.m. in Warsaw, led by MBank SA and Bank Millennium SA, sliding from a one-year high reached last week. Lenders should lift ...

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JPMorgan upgrades Indonesia, lifts call that riled Jakarta

  Bloomberg JPMorgan Chase & Co. upgraded its assessment of the Indonesian stock market, reversing an earlier bearish call that prompted Jakarta to stop doing business with the U.S. bank. The bank’s analysts raised their ‘tactical’ view of Indonesian equities one level to “neutral” in a report on Monday, saying volatility in emerging-market bonds following Donald Trump’s US election victory ...

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