First Capital Bank has pledged to partner with the Malawi Red Cross Society in a humanitarian initiative worth 20 million Malawi kwachas, a legitimate rapid response to an appeal made at a meeting engagement event organized by the Society last week in Salima. The announcement was made by the DeputyRead More →
the herald business journalist First Capital Bank (FCB) says foreign exchange revenue accounted for 20% of its total revenue in the first quarter of 2022 and that the bank is aiming for an increased contribution from the firm’s foreign exchange-generating operations. During the quarter under review, the bank’s total revenueRead More →
By Mary Taruvinga FIRST Capital Bank Limited has escaped a US$1 million lawsuit after the High Court dismissed a claim by a local travel agent, Sharai Chimimba, who was arrested after the bank unlawfully withheld funds intended to the plane tickets of its customers. The bank caused Chimimba’s arrest afterRead More →
FIRST Capital Bank Limited has escaped a US$1 million lawsuit after the High Court dismissed a claim by a local travel agent, Sharai Chimimba, who was arrested after the bank unlawfully withheld funds intended to the plane tickets of its customers. The bank caused Chimimba’s arrest after withholding approximately US$20,000Read More →
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A general view shows the Bank of England in the City of London financial district in London, Britain November 5, 2020. REUTERS/John Sibley Join now for FREE unlimited access to Reuters.com Register LONDON, April 26 (Reuters) – Banks’ complex system of capital buffers could be radically simplified to encourage banksRead More →
Former Chief Executive (MD) of defunct Capital Bank, Reverend Fitzgerald Odonkor, told Accra High Court that he did not help the institution’s founder William Ato Essien withdraw from bank money. “I say that I did not encourage the 1st defendant to take the money from Capital Bank as alleged, IRead More →
Monday April 4, 2022: First Capital Bank Limited has today launched an exciting six-month retail banking campaign which will see three lucky customers walk away with a brand new Toyota Rush SUV vehicle. This follows the launch of the #BelieveInTheBigBank themed promotion, with the aspiration to empower people to achieveRead More →
Businessman Dr Tetteh Nettey has made serious allegations about how he got involved in the Capital Bank case. He alleges that officials at the collapsed bank coerced him into signing certain documents when the officials were asked by the Securities and Exchanges Commission (SEC). It was then that regulators beganRead More →
Silvergate Bank Provides $205 Million Loan to MacroStrategy Backed by Bitcoin Loan proceeds will be used by MacroStrategy, a subsidiary of MicroStrategy, to acquire additional bitcoins LA JOLLA, Calif. and TYSONS CORNER, Va. – March 29, 2022 –(BUSINESS WIRE)– Silvergate Bank, a subsidiary of Silvergate Capital Corporation (NYSE: SI), theRead More →
DALLAS, March 23, 2022 (GLOBE NEWSWIRE) — Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital Bank (“the Bank”), is honored to announce that it has been appointed to Newsweek’s list of America’s most trusted companies 2022 and is the nation’s most trusted bank. This prestigious awardRead More →
The country united states of americaUS Virgin IslandsU.S. Minor Outlying IslandsCanadaMexico, United Mexican StatesBahamas, Commonwealth ofCuba, Republic ofDominican RepublicHaiti, Republic ofJamaicaAfghanistanAlbania, People’s Socialist Republic ofAlgeria, People’s Democratic Republic ofAmerican SamoaAndorra, Principality ofAngola, Republic ofAnguillaAntarctica (the territory south of 60 degrees S)Antigua and BarbudaArgentina, Argentine RepublicArmeniaArubaAustralia, Commonwealth ofAustria, Republic ofAzerbaijan, RepublicRead More →
DALLAS, March 23, 2022 (GLOBE NEWSWIRE) — Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital Bank (“the Bank”), is honored to announce that it has been named to the Newsweek’s list of America’s most trusted companies in 2022 and is the nation’s most trusted bank. ThisRead More →
DALLAS, March 23, 2022 (GLOBE NEWSWIRE) — Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital Bank (“the Bank”), is honored to announce that it has been named to the Newsweek’s list of America’s most trusted companies in 2022 and is the nation’s most trusted bank. ThisRead More →
All the sports It wasn’t the best of nights for the capital sides in the SSE Airtricity League on Friday night with none of our 5 clubs claiming wins. St. Patricks Athletic were just short of time to take a point on Derry’s long drive when Will Patching struck 2Read More →
ROCKVILLE, Md., March 16, 2022 (GLOBE NEWSWIRE) — Capital Bank, NA, is pleased to announce the appointment of Sandeep Uthra as Executive Vice President, Chief Information Officer (CIO) of the Bank. The addition of Uthra to the leadership team helps advance Capital Bank’s commitment to technology-driven banking solutions for businessRead More →
The High Court ordered the Governor of the Bank of Ghana, Dr Ernest Addison, to produce and deliver to the court on March 10, 2022, the statement of accounts of the defunct Capital Bank. The lawyers of Ato Essien, the founder of the Bank sued in receivership, askedRead More →
ROCKVILLE, Md., March 03, 2022 (GLOBE NEWSWIRE) — Capital Bank, NA has a long tradition of supporting the community of Montgomery County, Maryland. Its partnership with Montgomery County Green Bank is no exception. Today, Capital Bank announced a new relationship with Montgomery County Green Bank, a publicly chartered nonprofit dedicatedRead More →
Capital Bank of Jordan has partnered with Codebase Technologies to create Blink, Jordan’s first digital-only neobank for individuals and expected to be available later for small businesses. The project officially started in late 2021 and in February 2022, Blink went live for Jordanian customers. Blink was born out of theRead More →
ATLANTE, March 1, 2022 /PRNewswire/ — SouthState Corporation (NASDAQ: SSB) (“SouthState” or the “Company”) today announced the closing of its acquisition of Atlantic Capital Bancshares, Inc. (NASDAQ: ACBI) (“Atlantic Capital” ) through Atlantic Capital’s merger with and into SouthState. Immediately following this merger, Atlantic Capital’s banking subsidiary, Atlantic Capital Bank,Read More →
Amman, Jordan – In March 2021, Capital Bank of Jordan partnered with Codebase Technologies to create Blink, Jordan’s first digital-only neobank. The project officially started in late 2021 and in February 2022, Blink went live for Jordanian customers. Blink was born from a simple belief: money is meant to beRead More →
The founder of the defunct Capital Bank, William Ato Essien, has justified a commission he received from GH¢620 million in liquidity support from the Bank of Ghana. Mr. Ato Essien received an amount of GH¢27.5 million as commission for a loan granted to Capital Bank. In court, when asked howRead More →
Texas-Based Financial Institution Expands Historically Black Colleges and Universities Initiative DALLAS, Feb. 22 12, 2022 (GLOBE NEWSWIRE) — Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital Bank (“the Bank”), in coordination with the American Bankers Association (ABA), has expanded its commercial loan certificate at Huston-Tillotson UniversityRead More →
Download logo First Capital Bank, the latest partner to join the Team Europe Kulima Access to Finance agricultural finance initiative in Malawi; New agricultural finance to transform access to long-term finance; Impact enhanced by technical assistance to identify, assess and monitor investments in the agrifood value chain and develop newRead More →
DALLAS, Feb. 22 12, 2022 (GLOBE NEWSWIRE) — Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital Bank (“the Bank”), in coordination with the American Bankers Association (ABA), has expanded its commercial loan certificate at Huston-Tillotson University in Austin, Texas. Texas Capital Bank and the ABA launchedRead More →
AMMAN, Feb 17 (Reuters) – Capital Bank of Jordan on Thursday reached an agreement to acquire Societe Generale Bank Jordan (SGBJ), its chairman said, in its second foray in a year to expand its regional and national presence. Capital Bank will acquire 100% of SGBJ, a fully licensed Jordanian bank,Read More →
First Capital Bank Limited today announced two major developments which it believes will positively reshape its service delivery to key segments. This involves the launch of its collaborative partnership with the money transfer agency Hellopaisa and the dematerialization of its personal account segment. Discounts Remittance flows from the Diaspora haveRead More →
Harrisburg-based Banner County Ban Corporation, the holding company of Banner Capital Bank, announced Thursday that it has agreed to acquire Bankers Capital Corporation, which is the holding company of Lusk State Bank. The acquisition will be made through a share purchase agreement. “Our companies share similar values, and our partnershipRead More →
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Rob Holmes took the helm at Dallas-based Texas Capital Bank just over a year ago, and he hasn’t been shy about bringing in new faces as he leads a transformation at the ‘company wide. Former JPMorgan Chase executive focused on bringing in high profile names from top institutions across theRead More →
Investment firm Texas Capital Bank Wealth Management Services Inc (current portfolio) buys iShares Short-Term National Muni Bond ETF, Consumer Discretionary Select Sector SPDR, Thermo Fisher Scientific Inc, Materials Select Sector SPDR, iShares Core MSCI Emerging Markets ETF, sells Industrial Select Sector SPDR, Amgen Inc, Vanguard Tax-Exempt Bond ETF, Real EstateRead More →
SARATOGA COUNTY, NY – Capital Bank, a division of Chemung Canal Trust Company, announced that Tracey L. Wardwell, Assistant Vice President and Chief Retail Officer of Saratoga County, has been named 2021 Banker of the Year by Pursuit Community Finance, formerly known as NYBDC. The award, presented to Wardwell todayRead More →
Austin Capital Bank in Texas takes inspiration from the fintech book and offers integrated insurance. This is unusual: chartered banks and insurance companies in the United States rarely sell each other’s products. But with the help of a fintech partner, Austin Capital is experimenting with ways to link the twoRead More →
Harrisburg-based Banner County Ban Corporation, the holding company of Banner Capital Bank, announced Thursday that it has agreed to acquire Bankers Capital Corporation, which is the holding company of Lusk State Bank. The acquisition will be made through a share purchase agreement. “Our companies share similar values, and our partnershipRead More →
An inventory report of the defunct Capital Bank’s assets and liabilities revealed that shareholder loans accounted for 65% of the bank’s loans and advances. The report by receivers, Vish Ashiagbor and Eric Nana Nipah of pwc, said the shareholder loan was ¢749 million and had been in default for moreRead More →
Capital Bank’s operating license was revoked in 2017 The Bank of Ghana has released an inventory report detailing the assets and liabilities of the defunct Capital Bank Limited as of August 14, 2017 when the bank’s license was revoked. According to the central bank, the report has not been preparedRead More →
DALLAS, Jan. 20, 2022 (GLOBE NEWSWIRE) — Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital Bank (“the Bank”), today announced that John W. Cummings will serve on newly created position of Executive Vice President, Chief Administrative Officer, effective January 21, 2022. Mr. Cummings brings nearly 40Read More →
GOBanking Rates Score Quick take: Texas Capital Bank offers one-stop banking services for customers due to its variety of offerings. It offers products for personal banking, business needs and wealth management. Its CDs are particularly noteworthy, ranking 20th on the GOBankingRates list of best CD accounts. The following Texas CapitalRead More →
The founder of the defunct Capital Bank, William Ato Essien, says he is ready to shell out ¢130 million of the ¢620 million his company allegedly embezzled before its liquidation. Ato Essien and two others were accused of misappropriating cash support from the ¢620 million bailout granted by the BankRead More →
Ato Essien, others charged with theft, money laundering Ato Essien offers to reimburse the stolen money Defendants plead not guilty to all charges The founder of the defunct Capital Bank, William Ato Essien, offered to repay an additional GH¢130 million, of the GH¢620 million in bailout money he allegedly stoleRead More →
An Accra High Court has expressed frustration with the attitude of the lawyer for the late Capital Bank’s chief executive, William Ato Essien, towards his ongoing trial. On Thursday, the court presided over by Judge Eric Kyei Baffuor warned that the slow approach of the banker’s lawyer could leave himRead More →
General news for Wednesday 12 January 2022 Source: mynewsgh.com 2022-01-12 Manasseh Azure Awuni and Paul Adom-Otchere Controversial social commentator and former musician Kwame Asare Obeng, known as Kwame A Plus, wondered why investigative journalist Manasseh Azure did not speak about Pastor Mensah Otabil’s role in the collapse of Capital BankRead More →
CHARLESTON, SC – January 5, 2022 – (Newswire.com) First Capital Bank (“the Bank”) today announced that it has changed from a North Carolina State Chartered Bank to a South Carolina State Chartered Bank and has relocated its corporate headquarters at 304 Meeting Street, Charleston, South Carolina. The Bank remains aRead More →
First capital bank First capital bank First capital bank CHARLESTON, SC, January 05, 2022 (GLOBE NEWSWIRE) – First Capital Bank (“the Bank”) today announced that the board of directors of the Company (the “Board”) has appointed Joseph S. Kassim as a director of the Bank, from January 1, 2022. “JoeRead More →
CHARLESTON, SC, Jan. 05, 2022 (GLOBE NEWSWIRE) — First Capital Bank (“the Bank”) today announced that it has transitioned from a North Carolina state-chartered bank to a South Carolina state charter and moved its headquarters to 304 Meeting Street, Charleston, SC. The Bank remains a subsidiary of First Capital Bancshares,Read More →
(Added expansion to Iraq and Saudi Arabia, background) By Suleiman Al-Khalidi AMMAN, Dec.26 (Reuters) – The board of directors of Jordan’s Capital Bank has approved a binding offer to acquire Societe Generale Bank Jordan (SGBJ), as part of a campaign to expand the bank’s presence to regional and national levels,Read More →
AMMAN, Dec 26 (Reuters) – The board of directors of Capital Bank of Jordan has approved a mandatory offer to acquire Societe Generale Bank Jordan (SGBJ), as part of a campaign to expand the bank’s presence bank at regional and national levels, its president said on Sunday. Bassem Al SalemRead More →
AMMAN – The Board of Directors of Capital Bank of Jordan has approved a mandatory offer to acquire Societe Generale Bank Jordan (SGBJ), as part of a drive to expand the bank’s presence regionally and nationally , its president said on Sunday. Bassem Al Salem told Reuters that an extraordinaryRead More →
ROCKVILLE, Md., November 30, 2021 (GLOBE NEWSWIRE) – OpenSky®, the digital banking division of Capital Bank, NA, is pleased to announce the expansion of its product offering with the addition of the OpenSky Visa® card Gold. The OpenSky Gold Card is an unsecured credit card that complements the popular OpenSky®Read More →
According to court reports, Mr. Essien was unable to appear in court to testify due to health concerns. Presiding Judge Judge Kyei Baffour said: “I was shown a letter believed to have come from a certain Dr Rex Kwame Bonsu at Korle-bu Teaching Hospital.” In the said letter, the courtRead More →
The managing director of the now defunct Capital Bank, William Ato Essien, admitted in a court in Accra that the bank was indeed insolvent when it was merged into GCB Bank. Mr Essien is on trial for his role in the bank’s collapse, including the embezzlement of GH ¢ 620Read More →
Mr. Ato Essien revealed that the now defunct Capital Bank faced several financial challenges, including the misapplication of GH ¢ 620 million liquidity support from the Bank of Ghana before their license was revoked. He said in court that Capital Bank was “below the capital adequacy ratio”. When asked toRead More →
The founder of the now defunct Capital Bank, William Ato Essien, admitted that the bank faced serious financial problems before its license was revoked by the Bank of Ghana. These challenges include many non-performing loans, toxic assets and insolvency. He made these revelations while being led by his lawyer BaffuorRead More →
THE FIRST financial services provider, First Capital Bank (FCB) saw its operating income increase by $ 1.4 billion thanks to increased lending and transaction revenues. Presenting a business update covering the bank’s general secretary, Sarudzayi Binha said solid financial progress has been made during the period. “The Bank’s inflation-adjusted operatingRead More →
By Alois Vinga THE FIRST financial services provider, First Capital Bank (FCB) saw its operating income increase by $ 1.4 billion thanks to increased lending and transaction revenues. Presenting a business update covering the bank’s general secretary, Sarudzayi Binha said solid financial progress has been made during the period. “TheRead More →
ROCKVILLE, Md., Nov. 12, 2021 (GLOBE NEWSWIRE) – Each year, American Banker surveys employees at financial institutions across the country about their work / employer experience, and reviews employer reports on benefits and policies. For the third year in a row, Capital Bank, NA, has secured a place in theRead More →
ROCKVILLE, Md., Nov. 12, 2021 (GLOBE NEWSWIRE) – Each year, American Banker surveys employees at financial institutions across the country about their work / employer experience, and reviews employer reports on benefits and policies. For the third year in a row, Capital Bank, NA, earned a spot in the annualRead More →
Gene McCarthy has joined TriState Capital Bank as regional president of New Jersey. McCarthy will be responsible for the overall performance and future strategic direction of the region, as well as the development and growth of new and existing business markets. He will succeed Ken Orchard, who retired earlier thisRead More →
ROCKVILLE, Md., Nov. 12, 2021 (GLOBE NEWSWIRE) – Each year, American Banker surveys employees at financial institutions across the country about their work / employer experience, and reviews employer reports on benefits and policies. For the third year in a row, Capital Bank, NA, has secured a place in theRead More →
ROCKVILLE, Md., Nov. 12, 2021 (GLOBE NEWSWIRE) – Each year, American Banker surveys employees at financial institutions across the country about their work / employer experience, and reviews employer reports on benefits and policies. For the third year in a row, Capital Bank, NA, has secured a place in theRead More →
ROCKVILLE, Md., Nov. 12, 2021 (GLOBE NEWSWIRE) — Each year, American Banker surveys employees at financial institutions across the country about their work/employer experience and reviews employer reports on benefits and policies. For the third year in a row, Capital Bank, NA has earned a spot on the annual “BestRead More →
The herald Enacy MapakameBusiness journalistListed banking company First Capital Bank (FCB) said demand for local and foreign loans during the third quarter through September 30, 2021 increased due to the improvement in economic activity seen as a result of the ‘gradual relaxation of lockout restrictions. The loan portfolio continued toRead More →
BIRMINGHAM, Ala., November 9, 2021 / PRNewswire / – Oakworth Capital Bank has been appointed # 1 “The best banks to work for” by American Banker among all banks of United States for the fourth consecutive year. The “Best Banks to Work For” ranking was launched in 2013 by AmericanRead More →
Former CEO of Capital Bank William Ato Essien The Commercial Division of the High Court of Accra chaired by Judge Eric Kyei Baffour ordered William Ato Essien to open his defense after failing to conclude negotiations with the state to pay compensation. Former Capital Bank CEO William Ato Essien, asRead More →
1st Capital bank appointed Danelle Thomsen Executive Vice President and Chief Financial Officer. Thomsen will be a member of the bank’s management team and will be directly responsible for managing the bank’s financial and accounting functions. Thomsen’s career spans 25 years and started at one of the top 10 accountingRead More →
Ammon news – Capital Bank of Jordan and the Dutch Entrepreneurial Development Bank (FMO) have announced the signing of a $ 20 million NASIRA guarantee program. This guarantee is intended for MSME loans to young entrepreneurs affected by COVID-19, which will be initiated by companies lending to small businesses inRead More →
Capital Bank of Jordan is part of Capital Bank Group, one of the largest banking institutions operating in Jordanian and regional markets serving businesses, SMEs and individuals. Focusing more and more on the SME segment since its inception in 1995, the bank has a binary strategy whereby it directly servesRead More →
DALLAS, Nov. 01, 2021 (GLOBE NEWSWIRE) – Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital Bank (“the Bank”), today announced that Chris Calvert and Claire Harrison have were appointed Market President and Austin Market President, respectively. Since June 2021, Ms. Harrison has served as Senior ViceRead More →
DALLAS, Nov. 01, 2021 (GLOBE NEWSWIRE) — Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital Bank (“the Bank”), today announced that Chris Calvert and Claire Harrison have were named Market President and Austin Market President respectively. Since June 2021, Ms. Harrison has served as Senior ViceRead More →
Capital Bank also saw a 41.7% increase in net facilities offered to customers in the first nine months of this year, reaching around JD 2 billion, from JD 1.4 billion at the end of the previous year, while that customer deposits increased 48.3% to reach JD 2.5 billion at theRead More →
Amman, Jordan: Chairman of the Board of Capital Bank, Bassem Khalil Al-Salem, announced that the bank’s net profit after taxes and provisions increased by 80% by the end of the third quarter of 2021, reaching JD 38.2 million, excluding all non-recurring operations which include the result of the acquisition ofRead More →
ATLANTA, Oct. 18, 2021 (GLOBE NEWSWIRE) – Atlantic Capital Bancshares, Inc., a publicly traded banking holding company, and Self Financial, Inc., a leading financial technology company based in Austin, TX, which allows consumers to create credits and savings, an expanded partnership announced today. Atlantic Capital to combine size, scale andRead More →
The commercial division of the High Court in Accra ordered the former CEO of the now defunct Capital Bank, William Ato Essien, to conclude compensation negotiations with the state within 20 days. The court said it would be required to build the case to open its defense on November 4,Read More →
The VIP lounge at the Cardinale stadium will be officially called the 1st Capital Bank lounge SALINAS, Calif., October 13, 2021 (GLOBE NEWSWIRE) – 1st Capital Bank (OTC Pink: FISB) announced its business partnership alliance with Monterey Bay Football Club (MBFC) as the official naming rights partner for the bankRead More →
The VIP lounge at the Cardinale stadium will be officially called the 1st Capital Bank lounge SALINAS, Calif., October 13, 2021 (GLOBE NEWSWIRE) – 1st Capital Bank (OTC Pink: FISB) announced its business partnership alliance with Monterey Bay Football Club (MBFC) as the official naming rights partner for the bankRead More →
SALINAS, Calif., October 13, 2021 (GLOBE NEWSWIRE) – 1st Capital Bank (OTC Pink: FISB) announced its business partnership alliance with Monterey Bay Football Club (MBFC) as the official naming rights partner for the bank and VIP lounge. The new one named 1st Capital Bank Lounge is located in the newRead More →
(MENAFN- Advvise) Founded in 1995 as a corporate bank focused on export and trade finance, Capital Bank of Jordan (CBoJ) has made a strategic shift towards SME finance and good customer proximity through digital channels and well-designed digital products and services. With its commitment to the SME sector and anRead More →
Division’s 157% year-over-year growth in third year highlights group success with mid-market clients and syndication partners PITTSBURGH, October 08, 2021– (COMMERCIAL THREAD) – For the second year in a row, TriState Capital Bank has been named to the Monitor 101+ list for the bank’s rapidly growing equipment finance division. TheRead More →
PITTSBURGH – (COMMERCIAL THREAD) – For the second year in a row, TriState Capital Bank has been named to the Monitor 101+ list for the bank’s rapidly growing equipment finance division. The bank’s total 157% year-over-year assets earned TriState Capital to No. 107 on the list, improving its position fromRead More →
Amman, Jordan: Capital Bank, the leading provider of innovative banking products and services for institutions and consumers, announced the launch of Visa enterprise solutions for businesses and SMEs. With Capital Bank’s Visa business solutions, which include Visa Platinum and Visa Signature credit cards, as well as Visa debit cards, businessesRead More →
announced today that it has signed an agreement with its newest client, Southwest Capital Bank, to provide guidance and advisory services to elevate Southwest Capital Bank’s current cannabis banking program. “We are delighted to partner with Southwest Capital Bank,” said Andy Montgomery, CEO and Founder of HD Compliance. “They hadRead More →
AUSTIN, Texas, September 29, 2021 / PRNewswire / – BAT Investments, Inc. acquired Capital Bank of Texas (CBOT), headquartered at Carrizo Springs, Texas, as part of an effort to expand and strengthen the role of community banks in the state. Bobby Priestley, co-founder of BAT Investments, Inc., who will beRead More →