British banks introduce new climate-change productsInternational Finance Business DeskJanuary 4, 2021 by International Finance Business DeskJanuary 4, 2021 The UK is preparing to host the UN COP26 climate summit in Glasgow at the end of this year... Read more
Why Ziraat Participation Bank is important to TurkeyInternational Finance Business DeskDecember 15, 2020December 24, 2020 by International Finance Business DeskDecember 15, 2020December 24, 2020 The bank is deepening financial inclusion with an expansive network of nearly 104 branches across the nation... Read more
Kenya seeks IMF loan worth $2.3 bn to stabilise rising debtInternational Finance Business DeskDecember 8, 2020 by International Finance Business DeskDecember 8, 2020 The country’s fiscal deficit will increase to 8.3% of GDP in the fiscal year to June 2021 from 7.4% in the current fiscal year... Read more
Saudi’s PIF makes second investment in RelianceInternational Finance Business DeskNovember 6, 2020 by International Finance Business DeskNovember 6, 2020 Reliance Retail will receive $1.3 billion from the sovereign fund in exchange for 2.04 percent stake... Read more
SoftBank’s Vision Fund CEO retires; top execs resignPritam BordoloiNovember 6, 2020 by Pritam BordoloiNovember 6, 2020 Neil Hadley, who serves as the chief of staff to SoftBank’s Vision Fund, will be the successor of Rajeev Misra... Read more
The winds of change in Malaysia has begunInternational Finance Business DeskOctober 28, 2020November 2, 2020 by International Finance Business DeskOctober 28, 2020November 2, 2020 A proposed taxonomy will be introduced by Bank Negara Malaysia to realise a green economy, a move that is already developing in the EU and Canada... Read more
Tabadul to streamline bank guarantee process through WthaqInternational Finance Business DeskSeptember 10, 2020 by International Finance Business DeskSeptember 10, 2020 Wthaq is in line with the Saudi Vision 2030’s digital transformation programme and seeks to improve efficiency of transactions... Read more
Ebury, MarketFinance enable emergency lendings for SMEs in the UKInternational Finance Business DeskSeptember 10, 2020 by International Finance Business DeskSeptember 10, 2020 MarketFinance will offer both its CBILS loans and revolving credit facilities to Ebury’s UK SME base... Read more
First BankCorp completes acquisition of Banco Santander Puerto RicoInternational Finance Business DeskSeptember 4, 2020 by International Finance Business DeskSeptember 4, 2020 The deal will strengthen First BanCorp’s position in Puerto Rico's financial services industry... Read more
UK banks develop positive attitude toward open banking adoptionInternational Finance Business DeskSeptember 3, 2020 by International Finance Business DeskSeptember 3, 2020 An international study found that many believe the technology to be important to their businesses in the post-pandemic recovery... Read more