BTG Pactual seeks to raise $380 mn with share sale
BTG Pactual is is the largest investment bank in Latin America...
Category : Banking
IFC to provide $50 mn loan to Equity Bank Kenya
International Finance Corporation's portfolio in Kenya recorded $884 million as of June 30, 2020...
Singaporean digital banking company Percipient secures $5 mn funding
The funding round was led by Silicon Valley-based venture capital company Stat Zero...
Monzo relaunches Monzo Plus; seeks to diversify revenue streams
Monzo Plus is offered at $6.30 per month and has additional benefits such as 1 percent interest on balances of up to £2000 and credit score checks...
ADBC signs MoU with Tencent to leverage its cloud technology
We will see collaborations on cloud-based financial services and joint innovations towards a data-driven digital bank...
Credit Suisse signs strategic deal with Modalmais to buy up to 35% stake
It is reported that the deal values the firm at approximately 5 billion Brazilian reais...
UAE central bank to introduce a new overnight deposit facility
The new facility will allow conventional banks operating deposit their surplus liquidity at the central bank on an overnight basis...
The National Bank of Iraq sees growth despite the pandemic
The National Bank of Iraq ranks first in the country in terms of growth in customer deposits and net credit facilities...
Equity Bank seeks to become trillion shilling over next two years
The bank is close to completing the Democratic Republic of the Congo commercial bank transaction...
Family Bank, Isuzu East Africa support SMEs with 95% financing payable
It is reported that the financing payable is within 60 months on a 90-days repayment holiday...