BankingFeaturedSaudi Arabia considering issuing two new digital banking licencesWebAdminJune 14, 2021 by WebAdminJune 14, 2021 The Saudi Central Bank will recommend the two applicants to higher authorities for approval... Read more
BankingFeaturedMoody’s assigns high B1 rating to Jusan Bank with a stable outlookWebAdminJune 10, 2021 by WebAdminJune 10, 2021 Moody's noted that the ratings indicate a very high level of the bank's liquid assets and a strong capital base... Read more
BankingFeaturedUNObank and Tonik receive digital banking licenses in the PhilippinesWebAdminJune 8, 2021 by WebAdminJune 8, 2021 With their new digital banking license, the banks aim to bridge the financial inclusion gap in the region... Read more
BankingFeaturedMexico-based startup Belvo raises $43 mn funding for expansionWebAdminJune 2, 2021 by WebAdminJune 2, 2021 The company will use the money from the funding to expand its business and meet its exponential customer growth... Read more
BankingFeaturedStanChart signs an MoU with Tazapay to offer a digital escrow on the Proxtera networkWebAdminMay 24, 2021 by WebAdminMay 24, 2021 The MoU will let Standard Chartered deliver digital escrow services to potential buyers and sellers who are looking to trade globally on the Proxtra network... Read more
BankingFeaturedKuwait banking sector releases financial reports for Q1WebAdminMay 24, 2021May 24, 2021 by WebAdminMay 24, 2021May 24, 2021 The banking sector has been able to overcome the effects of Covid-19 because of the 43 measures taken by the Central bank of Kuwait... Read more
BankingFeaturedSafetyPay begins real-time payments in Brazil with PIX launchAshwini sekarMay 19, 2021May 19, 2021 by Ashwini sekarMay 19, 2021May 19, 2021 Transactions can be made on a mobile phone throughout the day and week, including holidays and weekends... Read more
BankingFeaturedKenyan banking group I&M enters Uganda with Orient Bank acquisitionPritam BordoloiMay 4, 2021 by Pritam BordoloiMay 4, 2021 The group will acquire a 90% stake in Orient Bank from UK-based investment group 8 miles LLP and Morka... Read more
BankingFeaturedChina appoints Deutsche Bank as primary dealer in open market businessPritam BordoloiMay 3, 2021May 3, 2021 by Pritam BordoloiMay 3, 2021May 3, 2021 The lender will carry out activities such as the repurchasing of bonds and other trading instruments... Read more
BankingFeaturedDBS Bank inches closer to acquire Citi’s consumer banking business in IndiaWebAdminApril 26, 2021 by WebAdminApril 26, 2021 Other banks such as Mitsubishi UFJ Financial Group, OCBC and Standard Chartered are also interested... Read more