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eWallets Don’t Make Money, Says Mandiri Capital Chief

PYMNTS

The CEO of PT Mandiri Capital Indonesia, the venture capital arm of PT Bank Mandiri, said the only way digital payment platforms can ever make money is by acting as a sort of portal into other services, otherwise it’s “just a cash-burning exercise,” according to reports. Nobody makes money from e-wallets,” Danusaputro said.

Capital 141
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How to Set Your Strategic Planning Time Horizon

South State Correspondent

Banks consistently produce under their cost of capital. However, for the average bank, their cost of capital is between 9% and 14% depending on the bank’s equity liquidity with an average of 12.5%. As an industry, we misallocate capital. However, if you want to build a legacy institution, then your capital should be longer.

How To 195
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Participation in Investor Communications Japan’s Proxy Platform Surpasses 1,700 Listed Companies

Bobsguide

As of June 2022, over 1,600 companies listed on the Prime Market of the TSE participate in the Platform, representing 87% of the companies in that market or 98% by market capitalization. After almost 18 years, the Platform has become a key part of the infrastructure of Japan’s capital markets. ” Digitizing and Streamlining.

Company 68
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How to Choose a Hedge Provider as a Bank

South State Correspondent

Meet Competitive Pressures: National and larger regional banks are specifically targeting better borrowers for seven, ten, or 20-year fixed-rate loans. Lending Discipline: Hedging programs make loan pricing more transparent and force bankers to exercise sensible pricing methodologies.

How To 195
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Fitness Goes Micro With ‘Workout Pods’ Designed For On-Demand Exercise

CB Insights

Not only are small-scale “pod” operations already a trend in China, but the Chinese government has been promoting health at the national policy level: A new fitness council in China has been tasked with improving national health and wellness by 2020, creating more awareness among Chinese citizens of issues around fitness and health.

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Profits in a time of inflation: some insights from recent and past energy shocks in the UK

BankUnderground

Profits versus excess profits: measurement and trends Measuring profits is a challenging task : national accounts data are affected by the ‘mixed income’ of self-employed, taxes and subsidies, and conflate two different dynamics: those of the market and non-market (real estate and public) sectors.

Capital 58
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Guidance on TDRs Eases Coronavirus Workout Pressures

Abrigo

Regulators also announced other guidance tied to reporting and risk-based capital rules. Examiners will not automatically adversely risk rate credits affected by COVID-19, including those considered TDRs, but will exercise judgment in reviewing loan modifications. Modifications not automatically TDRs.

FDIC 150