RBC joins WealthiHer Network to empower women in financial industryInternational Finance Business DeskApril 17, 2020 by International Finance Business DeskApril 17, 2020 WealthiHer Network is a collaboration of leading banks with a focus to drive women empowerment in financial industry... Read more
People’s Bank of China raises stake in India’s HDFCInternational Finance Business DeskApril 13, 2020April 13, 2020 by International Finance Business DeskApril 13, 2020April 13, 2020 The bank raised its stake to 1.01% from 0.8%... Read more
Singapore banks to freeze mortgage, defer SME loan paymentsInternational Finance Business DeskApril 1, 2020 by International Finance Business DeskApril 1, 2020 Banks can defer both principal and interest payments for mortgages through December 31... Read more
Egypt urges domestic banks to set limit on daily withdrawal and depositsInternational Finance Business DeskMarch 31, 2020March 31, 2020 by International Finance Business DeskMarch 31, 2020March 31, 2020 The new limit would allow individuals to withdraw 10,000 Egyptian pounds and companies 50,000 pounds... Read more
China injects $7.1 bn into its banking system, cuts interest ratesInternational Finance Business DeskMarch 30, 2020 by International Finance Business DeskMarch 30, 2020 The central bank reduced the interest rate on 7-day reverse repurchase agreements to 2.2% from 2.4%... Read more
UAE banks provide 98% of services digitally amid coronavirus outbreakInternational Finance Business DeskMarch 26, 2020 by International Finance Business DeskMarch 26, 2020 A study also revealed that digital banking users significantly increased to 90%... Read more
Coronavirus: Southeast Asian banks face surge of bad loansSamuel AbrahamMarch 25, 2020March 25, 2020 by Samuel AbrahamMarch 25, 2020March 25, 2020 Banks in Singapore, Malaysia, and Vietnam are easing borrowing terms as they face a rise in distressed loans... Read more
Singapore-based MatchMove led consortium to venture into digital bankingPritam BordoloiMarch 19, 2020 by Pritam BordoloiMarch 19, 2020 The fintech is teaming up with Singapura Finance and two others to apply for a digital banking licence... Read more
Aion Digital and Qarar partner to transform credit markets in MEInternational Finance Business DeskMarch 18, 2020 by International Finance Business DeskMarch 18, 2020 The partnership will enable traditional and challenger banks to offer instant financing to customers... Read more
The Access Bank UK Ltd: Winner of International Finance Awards 2019International Finance Business DeskMarch 18, 2020 by International Finance Business DeskMarch 18, 2020 The Access Bank UK is doing outstanding work in boosting trade between UK, Africa and the MENA region through its award-winning trade finance services... Read more