Singapore banks to freeze mortgage, defer SME loan payments
Banks can defer both principal and interest payments for mortgages through December 31...
Category : Banking
Egypt urges domestic banks to set limit on daily withdrawal and deposits
The new limit would allow individuals to withdraw 10,000 Egyptian pounds and companies 50,000 pounds...
China injects $7.1 bn into its banking system, cuts interest rates
The central bank reduced the interest rate on 7-day reverse repurchase agreements to 2.2% from 2.4%...
UAE banks provide 98% of services digitally amid coronavirus outbreak
A study also revealed that digital banking users significantly increased to 90%...
Coronavirus: Southeast Asian banks face surge of bad loans
Banks in Singapore, Malaysia, and Vietnam are easing borrowing terms as they face a rise in distressed loans...
Singapore-based MatchMove led consortium to venture into digital banking
The fintech is teaming up with Singapura Finance and two others to apply for a digital banking licence...
Aion Digital and Qarar partner to transform credit markets in ME
The partnership will enable traditional and challenger banks to offer instant financing to customers...
The Access Bank UK Ltd: Winner of International Finance Awards 2019
The Access Bank UK is doing outstanding work in boosting trade between UK, Africa and the MENA region through its award-winning trade finance services...
Monzo launches current account services for SMEs
The trial period lasted 12 months and saw the participation of 2500 businesses...
Doha Bank aims to assist SMEs affected by Covid-19
SMEs in Qatar are observing a decline in cash flow as a result of the ongoing epidemic...