BankingFeaturedThe Access Bank UK sees strong growth in key marketsInternational Finance Business DeskAugust 5, 2020October 13, 2020 by International Finance Business DeskAugust 5, 2020October 13, 2020 The main focus of the bank lies in building and strengthening customer relationships in sub-Saharan Africa, Asia and the Mena region... Read more
BankingRAKBANK to close 25% of its branches across UAEPritam BordoloiAugust 5, 2020August 6, 2020 by Pritam BordoloiAugust 5, 2020August 6, 2020 The bank will close a total of 9 branches... Read more
BankingVenio offers credit facilities to unbanked adults in emerging marketsWebAdminAugust 3, 2020 by WebAdminAugust 3, 2020 The company aims to increase financial access to the unbanked population in emerging markets... Read more
BankingFeaturedMonzo reports post-tax loss of £113.8 mn; operations affected by pandemicInternational Finance Business DeskAugust 3, 2020 by International Finance Business DeskAugust 3, 2020 The neobank’s investments in US expansion, hiring and marketing have impacted its performance growth... Read more
BankingFeaturedUK-based digital lender Selina Finance raises £42 mn fundingPritam BordoloiAugust 3, 2020 by Pritam BordoloiAugust 3, 2020 The funding includes £12 mn in equity and £30 mn in debt lines... Read more
BankingFeaturedHSBC launches digital account opening in MalaysiaPritam BordoloiJuly 31, 2020 by Pritam BordoloiJuly 31, 2020 This follows Bank Negara’s Malaysia unveiling of a new policy document for eKYC... Read more
BankingFeaturedStandard Chartered to slash jobs on the back of profit dipInternational Finance Business DeskJuly 30, 2020 by International Finance Business DeskJuly 30, 2020 The bank has drafted a list of several hundred employees who will be eliminated as part of its cutback programme... Read more
BankingFeaturedFujitsu, BBVA collaborate to explore investment portfoliosInternational Finance Business DeskJuly 29, 2020July 29, 2020 by International Finance Business DeskJuly 29, 2020July 29, 2020 The IT firm seeks to determine whether Digital Annealer solution could exceed performance of traditional computing techniques in asset portfolio optimisation... Read more
BankingFeaturedOrange Money rolled out in West Africa in collaboration with NSIAInternational Finance Business DeskJuly 28, 2020 by International Finance Business DeskJuly 28, 2020 French telecom giant Orange seeks to expand into Burkina Faso, Mali and Senegal... Read more
BankingFeaturedAbu Dhabi Commercial Bank to let go 400 employeesPritam BordoloiJuly 28, 2020 by Pritam BordoloiJuly 28, 2020 The bank decides to cut costs amid lower oil prices and the Covid-19 crisis... Read more