Hong Kong financial watchdog fines UBS $11.55 mn for regulatory breaches
UBS is being fined for its failure to disclose its financial interests in some Hong Kong listed companies...
Category : Banking
Half of the world’s population to access digital banking by 2026
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Around 2.5 bn people use digital banking services currently across the globe...
Citigroup to exit Venezuela after more than 100 years
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The lender will sell its operations to Banco Nacional de Crédito (BNC)...
Al Maryah Community Bank launches digital app after CBUAE approval
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The bank will now help its customers create savings and current accounts, and also help contribute to the digital banking revolution...
Taiwan’s Bank CTBC enters Indonesia’s digital lending space
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CTBC Bank has officially launched its personal loan product called KTA Dana Cinta which allows people to borrow up to 200 million rupiah...
Saudi Arabia to issue digital banking licenses to STC Bank and Saudi Digital Bank
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The proposal was approved during a virtual meeting that was headed by King Salman...
StanChart to grow affluent banking business, hire 3000 relationship managers
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The lender will either hire 3,000 relationship managers for the unit over the next five years...
Saudi Arabia considering issuing two new digital banking licences
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The Saudi Central Bank will recommend the two applicants to higher authorities for approval...
Moody’s assigns high B1 rating to Jusan Bank with a stable outlook
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Moody's noted that the ratings indicate a very high level of the bank's liquid assets and a strong capital base...
UNObank and Tonik receive digital banking licenses in the Philippines
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With their new digital banking license, the banks aim to bridge the financial inclusion gap in the region...