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In 2008, SCB bought the CNAC Group building at 10 Queen's Road Central, adjacent to its then headquarters building for further expansion. The purchase of CNAC building costed HK$1.388 billion for gross area of 70,00 square feet, and SCB intended to invest another 500 to 600 HKD Million to redevelop it along with the building at 12 Queen's Road Central as the new headquarters tower. [1]
In November 2023, after an 8-year litigation, the Competition Commission fined Standard Chartered R42.7 million rand for various offences that related to manipulating the USD/ZAR currency pair which included the fixing of bids, offers, bid-offer spreads, the spot exchange rate and the fixing of the exchange rate at the FIX. Standard Chartered ...
Sai Gon Joint Stock Commercial Bank or Saigon Commercial Bank, abbreviated as SCB (Vietnamese: Ngân hàng Thương mại cổ phần Sài Gòn), [3] is the largest commercial bank in Vietnam by assets, founded in 2012 and headquartered in Ho Chi Minh City. [4][5][6] It was founded by the fusion of 3 small banks and was controlled by ...
The Saudi Arabian Interbank Offered Rate (SAIBOR) is a daily reference rate, published by the Saudi Central Bank (SCB or SAMA), based on the averaged interest rates at which Saudi banks offer to lend unsecured funds to other banks in the Saudi Riyal wholesale money market (or interbank market). On 20 November 2016 Thomson Reuters was approved ...
Fixed currency Anchor currency Rate (anchor / fixed) Abkhazian apsar: Russian ruble: 0.1 Alderney pound (only coins) [1]: Pound sterling: 1 Aruban florin: U.S. dollar: 1.79
The spot exchange rate is the current exchange rate, while the forward exchange rate is an exchange rate that is quoted and traded today but for delivery and payment on a specific future date. In the retail currency exchange market, different buying and selling rates will be quoted by money dealers. Most trades are to or from the local currency.