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Bank Value: Here is a Better Way to Calculate and Manage

South State Correspondent

Ask a banker about the value of their bank, and they will either talk about some derivation of book value or earnings multiple. Banks often don’t know who their most profitable customers are, and if they do, they ignore the basics of targeting those customers and prospects with marketing, sales, and product management.

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Grab Notches $200M Investment From Booking Holdings

PYMNTS

based Booking Holdings amid a strategic partnership. With the tie-up, users of Booking Holdings’ apps will be able to call for Grab vehicles, while users of Grab’s app will able to book travel services, Reuters reported. The company manages sites such as Priceline.com, KAYAK and Bookings.com.

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How to Manage Your Efficiency Ratio with Loan Size

South State Correspondent

However, select national banks do report their new loan originations and the number of loans booked in a period. Further, banks could achieve much greater credit diversification by managing the industries and geography they lend to than by managing loan size.

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Bank Product Profitability and Productivity

South State Correspondent

We focused mainly on customer profitability and used risk-adjusted return on capital as a proxy for profitability. As we pointed out, bank management needs to understand how a bank creates franchise value, and one way is to sell more profitable products to more profitable customers. increase in M/B. The answer is – most likely.

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Today In Data: SMBs’ Capital Management, Cash Still Powerful And B2B Apps For Professionals

PYMNTS

small- and medium-sized businesses (SMBs) have a lot of working capital on the books, consumers across Asia still use a lot of cash, merchants are becoming more omnireadi, demand for gym management software solutions is on the rise and business professionals are using far too many apps to get through their daily tasks.

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Capital Float Tops Up Capital Raise

PYMNTS

India-based SME lender Capital Float has added a bit of funding to its books thanks to a $2.3 According to Capital Float cofounder Sashank Rishyasringa, the deal brings the total raised for Capital Float in 2016–2017 to $9.2 The company has secured significant venture capital, too. million through this route.

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Klook CPO Liu Outlines Travel Booking Platform’s Global Expansion

PYMNTS

Having $1 billion in bookings and more than 200 destinations globally – those are big numbers, to be sure, but these are not stats gleaned from an airline. The Series D round, which includes investors as far-flung as Sequoia Capital China, Goldman Sachs and others, brought in a total funding of $300 million to date.

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