BankingFeaturedUAE banks’ assets increase by 7.6% y-o-y in September-endPritam BordoloiNovember 30, 2020 by Pritam BordoloiNovember 30, 2020 When compared quarterly, assets increased by 2 percent to reach Dh3.253 tn... Read more
BankingFeaturedKCB’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
BankingFeaturedClearBank 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
BankingFeaturedBritish 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
BankingFeaturedNigerian 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
BankingFeaturedEmirates 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
BankingFeaturedAlfa 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
BankingFeaturedBCI 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
BankingSharjah 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
BankingFeaturedUK 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