Maldives Monetary Authority News Monitoring

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Published on Dec 7, 2023

Maldives domestic economy expands in Q3-2023

According to Maldives Monetary Authority (MMA), most major sectors of the domestic economy are estimated to have expanded during the third quarter of 2023. Real GDP of Maldives is estimated to have improved in annual terms during Q3-2023 as well. As per …

Source: Maldives Business Review - Neutral
Published on Dec 4, 2023

Usable reserve depletes significantly by October end: MMA

The Maldives usable reserve has depleted to USD 91 million by the end of October, says Maldives Monetary Authority (MMA). While this is the lowest the reserve has been entire year, MMA statistics showed that the reserve stood at USD 126 million by end of …

Source: Maldives Business Review - Neutral
Published on Dec 3, 2023

Usable reserves significantly drop by October end

Usable reserve of Maldives has depleted to USD 91 million by October's end. While this marks the lowest the usable reserve has dropped so far in 2023, Maldives Monetary Authority (MMA) statistics show that the usable reserve stood at USD 126 million by …

Source: The Edition - Neutral
Published on Dec 3, 2023

Maldives tourism sees mixed performance in Oct; occupancy drops by 5%

The Maldives tourism sector recorded a mixed performance in October 2023, according to the latest Economic Update report released by the Maldives Monetary Authority (MMA) on November 30. The report showed that total tourist arrivals stood at 159,141 in …

Source: Hotelier Maldives - Neutral

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Published on December 8, 2023 - 15:21 GMT

Eltropy Collaborates with Jack Henry’s Banno Digital Banking Platform

Community banks and credit unions can connect with their customers and members seamlessly within the digital banking platform MILPITAS, CALIF., USA, December 8, 2023 /⁨EINPresswire.com⁩/ -- Eltropy, a leading digital conversations platform for …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 7, 2023 - 14:45 GMT

Tranzfar Group secures up to USD 10 million investment from MTN Funding to fuel growth in banking and payment solutions

LONDON, UNITED KINGDOM, December 7, 2023 /⁨EINPresswire.com⁩/ -- MTN Funding PLC is pleased to announce a strategic relationship with Tranzfar Group Limited. MTN Funding PLC will provide up to USD 10,000,000 in funding through ISIN GB00BNYNFZ53 to …

Distribution channels: Business & Economy, Companies ...

Published on December 8, 2023 - 15:13 GMT

OptimumBank Holdings, Inc. (OPHC-NASDAQ) Chairman Gubin’s comments pertaining to the Board’s Strategic Planning - “A ...

Fort Lauderdale, FL, Dec. 08, 2023 (GLOBE NEWSWIRE) -- OptimumBank Holdings, Inc., (NASDAQ: OPHC) a (the “Company”) ended the month of October 2023 with assets exceeding $755.7 million, an increase of $43 million as compared to $712.7 million in the prior …

Distribution channels: Banking, Finance & Investment Industry ...
Published on December 8, 2023 - 13:47 GMT

Cadeler A/S and Eneti Inc. Announce Extension of Share Exchange Offer for all Outstanding Shares of Common Stock of ...

MONACO, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Cadeler A/S (OSE: CADLR) (“Cadeler”) and Eneti Inc. (NYSE: NETI) (“Eneti”), two offshore wind turbine and foundation installation companies, announced the extension of the expiration date for the share exchange …

Distribution channels: Companies, Shipping, Storage & Logistics ...

Published on December 8, 2023 - 13:30 GMT

Janover to Ring NASDAQ Closing Bell Today

Boca Raton, FL, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Janover Inc. (Nasdaq: JNVR) (“Janover” or the “Company”), an AI-enabled platform for commercial real estate transactions, today announced it will celebrate the Company’s progress and its recent listing on …

Distribution channels: Environment, Media, Advertising & PR ...
Published on December 8, 2023 - 13:30 GMT

ArrowMark Financial Corp. Announces Special Distribution of $0.10 and Regular Cash Distribution of $0.45 per Share for ...

DENVER, Dec. 08, 2023 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp. (Nasdaq: BANX) ("ArrowMark Financial" or the "Company"), an SEC registered closed-end management investment company, today announced that its Board of Directors has …

Distribution channels: Banking, Finance & Investment Industry ...
Published on December 7, 2023 - 18:49 GMT

Attorney General Bonta Urges Federal Banking Regulators to Hold Big Banks Accountable for Violating State Laws

OAKLAND — California Attorney General Rob Bonta today joined a coalition of 20 attorneys general in submitting letters to the federal Office of the Comptroller of the Currency (OCC) and Consumer Financial Protection Bureau (CFPB) urging both banking …

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Published on December 7, 2023 - 14:15 GMT

Malachite Innovations Retains Investment Banking Firm to Assist in Implementation of Strategic Plan for Cannabinoid Drug ...

Company will focus on core impact investing strategy in Appalachia CLEVELAND, OHIO, Dec. 07, 2023 (GLOBE NEWSWIRE) -- MALACHITE INNOVATIONS, INC. (OTC Mkts: MLCT) (“Malachite”) announces that it has retained First Liberties Securities, Inc., d/b/a …

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Published on December 8, 2023 - 16:08 GMT

When Do W2s Come Out in 2024: Key Dates and Information Revealed

Tax season is just around the corner, and many people are wondering when they can expect to receive their W2 forms for the 2024 tax year. TRAVERSE CITY, MI, US, December 8, 2023 /⁨EINPresswire.com⁩/ -- As tax season approaches, individuals and …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 8, 2023 - 16:00 GMT

Calculator.io Introduces Home Loan Calculator for Informed Mortgage Planning

Calculator.io launches a Home Loan Calculator, aiding in mortgage planning and financial clarity for buyers and professionals. LAS VEGAS, NEVADA, USA, December 8, 2023 /⁨EINPresswire.com⁩/ -- In the journey towards homeownership, understanding …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 8, 2023 - 15:48 GMT

Notice to HJ Sims Bonds Investors: KT Files Claim Seeking $100k Recovery for Investment Losses

Did you Suffer Investment Losses due to Investing in HJ Sims Bonds? Contact KlaymanToskes For Recovery Options NEW YORK, NY, USA, December 8, 2023 /⁨EINPresswire.com⁩/ -- National investment loss attorneys KlaymanToskes continues its investigation …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 8, 2023 - 15:46 GMT

Notice to Customers of Peter Hafner at Next Financial: KT Law Files $500k FINRA Arbitration Claim for Investment Losses

KlaymanToskes Represents Customers of Peter Hafner/Next Financial Seeking Investment Loss Recovery NEW YORK, NY, USA, December 8, 2023 /⁨EINPresswire.com⁩/ -- National investment loss lawyers KlaymanToskes is investigating broker Peter Hafner …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 8, 2023 - 15:45 GMT

Excel Legacy Group Provides Legal Help to Companies for Establishing and Funding ESOPs

The leading provider of comprehensive ESOP services continues its commitment to aiding companies across diverse industries in establishing and funding ESOPs. MILWAUKEE, WISCONSIN AREA, UNITED STATES, December 8, 2023 /⁨EINPresswire.com⁩/ -- The …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 8, 2023 - 15:41 GMT

The Colombian Goverment ICBF and Ingredion launched Bienestarina Más Nuestra made with GMSacha Inchi powder

The Colombian government ICBF and Ingredion launched Bienestarina Más Nuestra made with GMSacha Inchi powder initial order is 25 Ton of GMSacha Inchi QED Connect DBA GMSacha Inchi (OTCMKTS:QEDN) MEDELLIN, ANTIOQUIA, COLOMBIA, December 8, 2023 /⁨ …

Distribution channels: Agriculture, Farming & Forestry Industry, Banking, Finance & Investment Industry ...
Published on December 8, 2023 - 15:38 GMT

Local bank provides food to those in need

The Union Bank Co. donates to area nonprofit organizations COLUMBUS, OHIO, UNITED STATES, December 8, 2023 /⁨EINPresswire.com⁩/ -- In preparation for Thanksgiving, The Union Bank Company gave back to two food insecurity-focused nonprofits, …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 8, 2023 - 15:21 GMT

Eltropy Collaborates with Jack Henry’s Banno Digital Banking Platform

Community banks and credit unions can connect with their customers and members seamlessly within the digital banking platform MILPITAS, CALIF., USA, December 8, 2023 /⁨EINPresswire.com⁩/ -- Eltropy, a leading digital conversations platform for …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 8, 2023 - 15:19 GMT

Voya Financial Customer Seeks $100k Recovery for FS Energy and Power Fund Investment Losses in FINRA Arbitration Claim

Did you Suffer Investment Losses in Franklin Square Energy and Power Fund (FSEN)? Contact KlaymanToskes COLUMBIA, SC, USA, December 8, 2023 /⁨EINPresswire.com⁩/ -- National investment loss attorneys KlaymanToskes encourages customers of Voya …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 8, 2023 - 15:16 GMT

Philadelphia Police Officers: Customers of Suspended Broker Austin Dutton Seek Up to $1M Recovery for Investment Losses

Did You Suffer Investment Losses with Austin Dutton and/or Andrew Dutton? Contact KlaymanToskes PHILADELPHIA, PA, USA, December 8, 2023 /⁨EINPresswire.com⁩/ -- National investment loss attorneys KlaymanToskes reports the firm has filed a case …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 8, 2023 - 14:28 GMT

SCDC Welcomes Luis Luarca PhD as CFO, Setting Visionary Course for Financial Growth

HOUSTON, TX, UNITED STATES, December 8, 2023 /⁨EINPresswire.com⁩/ -- S.H.A.R.E. Community Development Corp (SCDC) proudly announces the appointment of Luis Luarca PhD as its new Chief Financial Officer (CFO), reporting directly to the Founder and …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on December 8, 2023 - 14:26 GMT

Foundation Fulfillment LLC Elevates E-commerce Logistics with Advanced Technology and Cost-Effective Solutions

Foundation Fulfillment LLC is a reputable third-party logistics provider. DORAL, FLORIDA, UNITED STATES, December 8, 2023 /⁨EINPresswire.com⁩/ -- Foundation Fulfillment LLC, a reputable third-party logistics and order fulfillment player, is …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 8, 2023 - 14:24 GMT

Spinouts from Oxford and Cambridge university secure more capital than peer institutes, research finds

Highlighting the “Oxbridge Premium”, a UK based study on life science spinout organisations reveals a gap in equity funding across UK universities. CAMBRIDGE, CAMBRIDGESHIRE , UNITED KINGDOM, December 8, 2023 /⁨EINPresswire.com⁩/ -- Highlighting …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 8, 2023 - 14:23 GMT

RT Fulfillment Launches Its Practical Cloud-based Logistics Service

This cloud-based logistics service seamlessly connects overseas purchasing power with American markets. DORAL, FLORIDA, UNITED STATES, December 8, 2023 /⁨EINPresswire.com⁩/ -- RT Fulfillment, a leader in international commerce, announces a …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 8, 2023 - 14:21 GMT

SCDC Proudly Welcomes Kent Morrison as Chief Administration Officer

HOUSTON, TEXAS, UNITED STATES, December 8, 2023 /⁨EINPresswire.com⁩/ -- S.H.A.R.E. Community Development Corp (SCDC) proudly welcomes Kent Morrison as Chief Administration Officer (CAO), reporting directly to Odell Abdur-Raheem, the Founder and …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on December 8, 2023 - 14:15 GMT

Trust and Foundations Market Thrives on Surging Charitable Contributions

The Business Research Company’s Trust and Foundations Global Market Report 2023 – Market Size, Trends, And Forecast 2023-2027 LONDON, GREATER LONDON, UK, December 8, 2023 /⁨EINPresswire.com⁩/ -- The trust and foundations market has witnessed …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 8, 2023 - 14:13 GMT

PolicyX.com Explores the Significance of Term Insurance in Safeguarding Indian Families' Financial Futures

GURGAON, HARYANA, INDIA, December 8, 2023 /⁨EINPresswire.com⁩/ -- PolicyX.com, a prominent online insurance aggregator, delves into the critical role of Term Insurance in securing the financial stability of Indian families in the face of …

Distribution channels: Banking, Finance & Investment Industry, Insurance Industry ...
Published on December 8, 2023 - 13:30 GMT

GNATA Achieves Milestone in Promoting International Business Ventures with Online Trade Meetings

Breaking Barriers: GNATA's Pioneering Online Trade Meetings Open New Avenues for Global Business Collaboration NEW YORK CITY, NEW YORK, UNITED STATES, December 8, 2023 /⁨EINPresswire.com⁩/ -- On Wednesday, December 6th, the Guyana North …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on December 8, 2023 - 13:19 GMT

XXI Network (managed by XXI Coin) and Xi Project will enter in the new phase to support the offshore migrant workers

XXI strategically expands for fortifying global remittance, and on-chain transaction network with the new phase and upcoming events with official partnerships. LONDON, UNITED KINGDOM, December 8, 2023 /⁨EINPresswire.com⁩/ -- Embarking on a …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 8, 2023 - 13:00 GMT

Libertarian Party of New York Urges New York Department of Taxation and Finance to End Surprise Visits

The Libertarian Party of New York is urging the New York State Department of Taxation and Finance to put an end to frivolous and often unnecessary home visits. ALBANY, NY, UNITED STATES, December 8, 2023 /⁨EINPresswire.com⁩/ -- The Libertarian …

Distribution channels: Banking, Finance & Investment Industry, Culture, Society & Lifestyle ...