BankingFeaturedCoronavirus: Saudi Arabia plans $13.3 bn stimulus for private sectorBharath KumarMarch 16, 2020March 18, 2020 by Bharath KumarMarch 16, 2020March 18, 2020 UAE announces its own $27.2 bn stimulus and Egypt allocates $6.4 bn... Read more
BankingFeaturedStandard Chartered’s Nexus offers while label digital financing solutionBharath KumarMarch 13, 2020March 18, 2020 by Bharath KumarMarch 13, 2020March 18, 2020 Nexus will allow businesses to increase revenue and strengthen customer loyalty... Read more
BankingFeaturedKenya’s Co-op Bank to acquire Jamii Bora as part of consolidation plansBharath KumarMarch 12, 2020March 18, 2020 by Bharath KumarMarch 12, 2020March 18, 2020 The acquisition will strengthen Co-op Bank asset base to over Sh 462 billion... Read more
BankingFeaturedEmirates NBD leverages LiquidX platform to focus on core marketsBharath KumarMarch 10, 2020March 18, 2020 by Bharath KumarMarch 10, 2020March 18, 2020 The partnership will enable LiquidX to expand its presence into the Middle East... Read more
BankingFeaturedArival Bank applies for a digital banking licence in SingaporePritam BordoloiMarch 9, 2020 by Pritam BordoloiMarch 9, 2020 The bank is also in the process of applying for a full service virtual banking licence in Lithuania... Read more
BankingFeaturedMaruhan Japan Bank seeks to become the most trusted bank in LaosBharath KumarMarch 6, 2020March 18, 2020 by Bharath KumarMarch 6, 2020March 18, 2020 The bank plans to drive financial inclusion and deliver premium customer services through automation and digitisation... Read more
BankingFeaturedEmirates NBD reduces transaction fees in line with the UAE’s coronavirus initiativesBharath KumarMarch 5, 2020March 18, 2020 by Bharath KumarMarch 5, 2020March 18, 2020 These measures are being implemented to mitigate economic impact caused by the coronavirus epidemic... Read more
BankingFeaturedPhilippines’ first digital bank Tonik to go live in JulyPritam BordoloiMarch 5, 2020 by Pritam BordoloiMarch 5, 2020 Tonik is 60% owned by Tonik Financial while the remaining 40% is owned by two Singaporean family offices... Read more
BankingFeaturedHSBC combines wealth and retail banking to create new global businessBharath KumarMarch 3, 2020March 18, 2020 by Bharath KumarMarch 3, 2020March 18, 2020 The decision to merge its banking units comes as it prepares to slash 35,000 jobs globally... Read more
BankingFeaturedSaudi Arabia reviews two new digital banking applicantsPritam BordoloiFebruary 28, 2020 by Pritam BordoloiFebruary 28, 2020 The central bank will decide based on the companies’ capital and the scale, nature, and complexity of the operations... Read more