BankingFeaturedInterest rate cut below zero could support UK’s recovery: BoEInternational Finance Business DeskJanuary 12, 2021 by International Finance Business DeskJanuary 12, 2021 A policymaker states that pushing the interest rate would be good for growth... Read more
BankingFeaturedAlibaba’s bond sale plan to test investor sentimentInternational Finance Business DeskJanuary 6, 2021 by International Finance Business DeskJanuary 6, 2021 Alibaba plans to raise up at least to $5 billion through the sale of US-denominated bonds in January... Read more
BankingFeaturedNigeria to liquidate 42 microfinance banksPritam BordoloiDecember 22, 2020 by Pritam BordoloiDecember 22, 2020 Authorities are verifying the claims of stakeholders of the 42 MFBs that lost their licenses... Read more
BankingFeaturedSiam Commercial launches cross-border payments to KoreaPritam BordoloiDecember 14, 2020 by Pritam BordoloiDecember 14, 2020 Siam partnered with Lightnet to provide cross-border fund transfer services from South Korea to Thailand... Read more
BankingFeaturedDT Dobie, Co-operative Bank establish partnership worth Sh 1 bnInternational Finance Business DeskDecember 11, 2020 by International Finance Business DeskDecember 11, 2020 The partnership will allow customers to purchase or lease Mercedes-Benz buses with multiple options... Read more
BankingFeaturedThe profound work of a top bank in structured financeInternational Finance Business DeskDecember 11, 2020December 11, 2020 by International Finance Business DeskDecember 11, 2020December 11, 2020 Al Ahli Bank of Kuwait has established a special unit to support clients who seek to successfully bid for prestigious projects... Read more
Asset ManagementBankingFeaturedIreland’s Davy marks its 11th acquisition in 8 years with NovacapWebAdminDecember 9, 2020 by WebAdminDecember 9, 2020 Davy Global Fund Management is regulated by the Central Bank of Ireland... Read more
BankingFeaturedHow Commercial Bank put an end to banking woesInternational Finance Business DeskDecember 7, 2020December 9, 2020 by International Finance Business DeskDecember 7, 2020December 9, 2020 In response to the pandemic, the bank has introduced CB Pay with tokenisation capabilities for swift contactless payments... Read more
BankingFeaturedSingapore grants digital banking licence to four firmsPritam BordoloiDecember 7, 2020 by Pritam BordoloiDecember 7, 2020 The four firms are Ant Group, Grab-Singtel, internet giant Sea and a consortium of Greenland Financial... Read more
BankingFeaturedWorldRemit lowers rates for international transfers in African corridorsInternational Finance Business DeskDecember 2, 2020 by International Finance Business DeskDecember 2, 2020 The company has noticed an uptick in new customers using its remittance platform in the last few months... Read more