RAKBANK to close 25% of its branches across UAE
The bank will close a total of 9 branches...
Category : Banking
Venio offers credit facilities to unbanked adults in emerging markets
by WebAdmin
The company aims to increase financial access to the unbanked population in emerging markets...
Monzo reports post-tax loss of £113.8 mn; operations affected by pandemic
The neobank’s investments in US expansion, hiring and marketing have impacted its performance growth...
UK-based digital lender Selina Finance raises £42 mn funding
The funding includes £12 mn in equity and £30 mn in debt lines...
HSBC launches digital account opening in Malaysia
This follows Bank Negara’s Malaysia unveiling of a new policy document for eKYC...
Standard Chartered to slash jobs on the back of profit dip
The bank has drafted a list of several hundred employees who will be eliminated as part of its cutback programme...
Fujitsu, BBVA collaborate to explore investment portfolios
The IT firm seeks to determine whether Digital Annealer solution could exceed performance of traditional computing techniques in asset portfolio optimisation...
Orange Money rolled out in West Africa in collaboration with NSIA
French telecom giant Orange seeks to expand into Burkina Faso, Mali and Senegal...
Abu Dhabi Commercial Bank to let go 400 employees
The bank decides to cut costs amid lower oil prices and the Covid-19 crisis...
Citibank appoints new Southeast Asia chairman
Citi Malaysia chief executive officer Lee Lung Nien will take over the role of chairman...