Egypt signs $2 bn loan with regional and international banks
Emirates NBD Capital and First Abu Dhabi Bank are the joint coordinators and lead managers of the deal...
Category : Banking and Finance
Monzo’s annual loss more than double; Monzo Plus performs well
The digital bank has said that the pandemic’s uncertainty might affect its operations...
Notable shift in digital payments is observed: Research
A new report from payments company Square found that fewer than one in four payments are being made in cash in the UK...
Orient Commercial Bank digitises financial services for enhanced customer experience
The bank is streamlining its products and services from traditional channels to online channels...
Co-op Bank restructures loans worth Sh39.2 bn to support distressed clients
The revenue streams of several businesses have been severely impacted by the protracted pandemic...
Kepsa, Mastercard Foundation to loan to 400 MSMEs
Both organisations have established a fund which will provide financial aid to MSMEs largely affected by the pandemic...
Kenya attracts venture capital deals worth Sh74.3 billion
South Africa ranks first recording deals worth Sh795 million...
Visa, Ooredoo seek to enhance digital payments experience in Qatar
The companies will jointly offer virtual prepaid cards which will be accepted at Visa's more than 53 mn merchant locations worldwide...
Singapore announces $88 mn package to support financial sector
The aid is in addition to the $4.02 bn set aside in budget 2020 to help the sector fight against Covid-19...
UAE loans and deposits growth slows down in August
Credit growth in government and GRE segment rises due to an increase in investment activities...