Daily Highlights | 18th November

Knockout Stage Matches
Week 1 | Day 5
18th November 2022

Itaú Unibanco vs. CM Bank

Today’s Score 1:0

Total Score 3:2

Another thrilling match!

Itaú Unibanco has managed to score the total three rounds required to win the week’s match, despite getting a tough competition from the opponent CM Bank.

In the last round of the week, team Itaú Unibanco scored a point breaking the tie in their own favor. This Brazilian team is over the moon with this win.

Itaú Unibanco's profit totaled R$8.1 billion in the third quarter of 2022, as earnings were up 19.2% year-on-year, reflecting the growth in loan portfolio and maintenance of the efficiency ratio at the best level of the historical series.

The team’s cultural and digital evolution, focused on client centricity, is reflected on the continuous growth of their customer satisfaction. This is the main reason behind the bank’s continuous growth and better results.

Defeating the Chinese team, CM Bank, in this ruthless competition has made Itaú Unibanco more confident than ever!

CIBC vs. Bank Central Asia

Today’s Score 0:1

Total Score 1:4

The Bank Central Asia has already managed to name this week in their own favor on Wednesday then they successfully won three consecutive rounds against the team CIBC.

Any effort from the CIBC team after that is useless. They could’ve even won the next two rounds and still not make this week’s win. However, it seems team BCA are not even giving them that liberty.

Bank Central Asia is Indonesia's largest private commercial bank and the third-largest overall, with an asset-based market share of around 12% as of June 2022.

Its satisfactory business profile is underpinned by its market-leading domestic franchise in transaction banking, which helps BCA to establish a strong funding franchise and generate a high proportion of fee-related income.

The team has had a commendable performance since the start of this tournament. The future outlook for the team in this tournament looks bright.

Will it manage to go beyond the knockout stage? Stay tuned to find out!

Klaytn vs. Ontology

Today’s Score 0:1

Total Score 1:4

Another match with a sweeping easy win.

The crypto team Ontology managed to win this week’s match just when they scored three consecutive rounds in the first three days of the match. Team Klaytn’s abysmal performance didn’t even let them win two rounds in this week. And they’re the ultimate losers.

Ontology is a new high-performance, public blockchain-based project. Such a decentralized, open and standardized platform is suitable for implementation in many industries, allowing various companies to create a user friendly, interactive and blockchain-based environment for their business.

However, let’s look on the risky side of the team as well. The team faces fierce competition from other similar crypto projects, does not stand out with its technology and innovation, does not have a genuine community (not counting speculators and hype-chasing crowd) and the team behind the project is unproven.

So, its win in this week’s match might’ve been the few good days the team might have in 2022.

Will it be able to make it to the next stage of the tournament? Like many experts we are not so sure. Stay tuned to find out!