BankingEmirates NBD in talks to acquire Blom Bank EgyptPritam BordoloiAugust 13, 2020 by Pritam BordoloiAugust 13, 2020 Emirates NBD confirmed about preliminary talks between both parties through a bourse filing... Read more
BankingBoE expects slower economy on the back of protracted pandemicInternational Finance Business DeskAugust 6, 2020August 6, 2020 by International Finance Business DeskAugust 6, 2020August 6, 2020 In May, the Bank of England had anticipated the country to get back to its pre-crisis size during the second half of 2021... Read more
BankingDBS Bank and IRAS join hands to digitalise tax paymentsPritam BordoloiAugust 6, 2020August 6, 2020 by Pritam BordoloiAugust 6, 2020August 6, 2020 IRAS now offers PayNow QR as a payment option on its myTax portal... Read more
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