ADBC signs MoU with Tencent to leverage its cloud technology
We will see collaborations on cloud-based financial services and joint innovations towards a data-driven digital bank...
Category : Banking
Credit Suisse signs strategic deal with Modalmais to buy up to 35% stake
It is reported that the deal values the firm at approximately 5 billion Brazilian reais...
UAE central bank to introduce a new overnight deposit facility
The new facility will allow conventional banks operating deposit their surplus liquidity at the central bank on an overnight basis...
The National Bank of Iraq sees growth despite the pandemic
The National Bank of Iraq ranks first in the country in terms of growth in customer deposits and net credit facilities...
Equity Bank seeks to become trillion shilling over next two years
The bank is close to completing the Democratic Republic of the Congo commercial bank transaction...
Family Bank, Isuzu East Africa support SMEs with 95% financing payable
It is reported that the financing payable is within 60 months on a 90-days repayment holiday...
Postbank loses more than $3.2mn due to bank heist
The bank is now forced to replace more than 12 mn cards for its customers...
Harambee Sacco, Co-op Bank launch new Visa debit cards for members
The launch of instant debit card issuance will enable quick accessibility of cash...
Equity Bank terminates acquisition talks with Altas Mara
The protracted pandemic and the uncertainty that follows has forced the bank to end acquisition of four banks in Zambia, Mozambique, Tanzania and Rwanda...
Standard Chartered extends Sh650 bn in financing for businesses
The loan extension will allow businesses to cope with the pandemic's impact...