CEO: Further acquisitions a possibility for Union Bank in 2020
The bank is focusing on expanding its digital presence...
Category : Banking
DBS Bank uses NTP to complete first digital trade deal
The transaction relates to a $2.5 mn letter of credit between Audi and Premium Automobiles...
Deposits in Saudi Arabian banks increase by 7.3% in 2019
Savings and term deposits increase by 13.2% year-on-year in 2019 to SR 501.67 bn...
CIMB Philippines virtual bank provides AI-backed onboarding
While the process earlier took more than 15 minutes, now it can be completed in less than five minutes...
Philippines’ AgriNurture to provide digital banking services
Earthright Holdings, ArgiNurture’s parent company, buys stake in Binangonan Rural Bank...
MoneyGram, Suez Canal Bank enable seamless money transfers to Egypt
Suez Canal Bank will link to MoneyGram platform to offer new account deposit services to Egyptian customers...
Two Chinese groups apply for Singapore digital banking licence
The Monetary Authority of Singapore has received 21 applications so far for digital banking licences...
Goldman bank licenced to operate in South Africa as part of expansion
The bank has become a member of Johannesburg Stock Exchange’s interest-rate and currency-derivatives market...
Emirates NBD inks deal with DLD to offer trust account services
ENBD is the first UAE bank to team up with RERA after the new law in September 2019...
South Africa slashes interest rates to lowest in four years
The Monetary Policy Committee voted in unison to lower the repurchase rate to 6.25% from 6.5%...