KCB’s stake acquisition in Tanzania, Rwanda will uplift its rankingInternational Finance Business DeskNovember 27, 2020 by International Finance Business DeskNovember 27, 2020 The bank will acquire Banque Populaire du Rwanda and the African Banking Corporation Tanzania... Read more
ClearBank to provide secure infrastructure for top crypto exchangeInternational Finance Business DeskNovember 24, 2020 by International Finance Business DeskNovember 24, 2020 Through a single API integration, the bank will provide dedicated account numbers, sort codes and direct access to payment rails... Read more
British banks prepare for negative interest ratesInternational Finance Business DeskNovember 17, 2020 by International Finance Business DeskNovember 17, 2020 For now, the the central bank has avoided falling into negative interest rates; former governor urges people to stash money at home... Read more
Nigerian banks suffer liquidity window drop: CBKInternational Finance Business DeskNovember 10, 2020 by International Finance Business DeskNovember 10, 2020 The average daily deposit dropped to N48.32 billion in 251 transaction days last year... Read more
Emirates NBD Egypt is leading in trade finance and cash managementWebAdminNovember 9, 2020 by WebAdminNovember 9, 2020 The bank seeks to become a major player in financing new projects and development initiatives... Read more
Alfa Bank is Russia’s first to join Contour trade finance networkInternational Finance Business DeskNovember 3, 2020 by International Finance Business DeskNovember 3, 2020 The network interconnects trade companies and banks for a reliable and transparent process of drafting, issuing and advising letters of credit... Read more
BCI to establish corporate bank in PeruInternational Finance Business DeskOctober 27, 2020October 27, 2020 by International Finance Business DeskOctober 27, 2020October 27, 2020 Temenos Transact and Temenos Infinity will be deployed to build up the bank’s growth strategy... Read more
Sharjah Islamic Bank plays a prominent role in Islamic bankingInternational Finance Business DeskOctober 22, 2020December 16, 2020 by International Finance Business DeskOctober 22, 2020December 16, 2020 The bank’s efforts in combining modern innovation and traditional values have enabled it to become a leader in the UAE’s financial landscape... Read more
UK banks stall lending in commercial real estateInternational Finance Business DeskOctober 20, 2020 by International Finance Business DeskOctober 20, 2020 Rising fears in default payments have forced the banks to take a step back in their loan provisions... Read more
ZamZam Bank obtains licence to become Ethiopia’s first Islamic bankInternational Finance Business DeskOctober 19, 2020October 19, 2020 by International Finance Business DeskOctober 19, 2020October 19, 2020 Developments in the Islamic finance segment can help the economy to boost its financial inclusion... Read more