BankingFeaturedPPC Bank seeks to improve financial inclusion in CambodiaInternational Finance Business DeskMay 13, 2020 by International Finance Business DeskMay 13, 2020 The bank lays emphasis on digitisation and seeks to further innovate its banking services... Read more
BankingFeaturedEquity Bank launches Sh200 bn to support small firms in KenyaInternational Finance Business DeskMay 11, 2020May 11, 2020 by International Finance Business DeskMay 11, 2020May 11, 2020 The launch is a collaboration between Equity Bank and Kenya National Chamber of Commerce and Industry... Read more
BankingFeaturedKenya issues Sh50 bn bond to provide further supportInternational Finance Business DeskMay 8, 2020May 8, 2020 by International Finance Business DeskMay 8, 2020May 8, 2020 Even the IMF approved $1.23 bn of emergency funding for Kenya and Uganda... Read more
BankingFeaturedUK banks demonstrate financial strength to cope with Covid-19: BOEInternational Finance Business DeskMay 8, 2020May 8, 2020 by International Finance Business DeskMay 8, 2020May 8, 2020 The central bank observed that the UK is facing its harshest recession in 300 years... Read more
BankingFeaturedNigeria suspends layoffs for banks despite difficult timesInternational Finance Business DeskMay 7, 2020May 7, 2020 by International Finance Business DeskMay 7, 2020May 7, 2020 Commercial lenders will have to seek approval from the central bank to implement job cuts... Read more
BankingFeaturedUOB approves loans worth $4 bn for impacted businesses in SingaporeInternational Finance Business DeskMay 5, 2020May 5, 2020 by International Finance Business DeskMay 5, 2020May 5, 2020 These loans come under Enterprise Singapore's Temporary Bridging Loan Programme... Read more
BankingFeaturedRiyad Bank plans early redemption of $1.06 billion sukuk due in 2025International Finance Business DeskApril 28, 2020 by International Finance Business DeskApril 28, 2020 The bank has received regulatory approval for its sukuk redemption... Read more
BankingFeaturedHSBC resorts to cost-cutting measures affecting up to 10,000 jobsInternational Finance Business DeskApril 22, 2020 by International Finance Business DeskApril 22, 2020 The move is under the leadership of interim CEO Noel Quinn... Read more
BankingFeaturedHSBC UK, Fidelity FundsNetwork partner to launch new SIPPInternational Finance Business DeskApril 20, 2020 by International Finance Business DeskApril 20, 2020 The partnership will allow HSBC UK to offer the new SIPP solution to clients through Fidelity FundsNetwork platform... Read more
BankingFeaturedCovid-19 results in digital banking growth in the PhilippinesInternational Finance Business DeskApril 17, 2020 by International Finance Business DeskApril 17, 2020 UnionBank recorded a 160% rise in daily sign-ups on its online banking portals... Read more