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Ireland gets central bank payment of over $2bn

Bloomberg The Irish state received a payment outstripping last year’s 1.8 billion euros ($2.1 billion) from the country’s Central Bank, according to a person familiar with the matter. The payment flowed from the Central Bank’s earnings for 2017, said the person who asked not to be named as the information is private. Details of the latest payment will be published ...

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Overseas loans get cheaper for India banks

Bloomberg India’s banks are getting syndicated loans at razor-thin interest rates from international lenders amid signs the country is moving towards cleaning up $210 billion of non-performing assets. Axis Bank Ltd, IndusInd Bank Ltd, State Bank of India and Yes Bank Ltd are among those reaping the benefits of cheaper funds as confidence in the world’s fastest-growing major economy increases. ...

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RBNZ governor set to steal the show in monetary policy debut

Bloomberg Rarely has a New Zealand interest-rate decision been more keenly awaited when there’s no change of rates in sight. Reserve Bank Governor Adrian Orr delivers his first Monetary Policy Statement on Thursday and is expected to keep borrowing costs at a record low. Yet there’s considerable interest in how Orr will present the policy outlook. Since taking the RBNZ’s ...

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