BankingTemasek firm consortium to bid for virtual bank licenceBharath KumarJanuary 6, 2020 by Bharath KumarJanuary 6, 2020 Sheng Ye Capital-led consortium applies for one of three wholesale digital bank licences in Singapore... Read more
BankingNCBA Bank demands acceleration of Kenyan banking consolidationBharath KumarJanuary 6, 2020 by Bharath KumarJanuary 6, 2020 The bank’s push to increase minimum capital is targeted at driving takeovers in the country... Read more
BankingUnited Gulf buys Burgan Bank’s 51.8% stake in Bank of BaghdadBharath KumarJanuary 6, 2020 by Bharath KumarJanuary 6, 2020 The deal is anticipated to reduce non-performing loans by nearly KWD 34 million... Read more
BankingEx-Barclays tech chief to launch UK crypto-friendly digital bankBharath KumarJanuary 3, 2020 by Bharath KumarJanuary 3, 2020 Ziglu digital bank will offer fiat as well as crypto accounts... Read more
BankingRazer joins Singapore’s digital banking bandwagonSamuel AbrahamJanuary 2, 2020 by Samuel AbrahamJanuary 2, 2020 Gaming brand Razer has applied for a digital banking licence in Singapore joining Singtel and Grab... Read more
BankingBrazil proposes banking bill in case of financial crisisInternational Finance DeskDecember 24, 2019 by International Finance DeskDecember 24, 2019 Central bank proposed the bill which will mandate the use of public funds to bailout financial firms... Read more
BankingUAE total banking investments reach Dh396.2 bnInternational Finance DeskDecember 23, 2019 by International Finance DeskDecember 23, 2019 The central bank noted that debt securities rose 16.7% year-to-date, reaching a total of Dh245.4 bn... Read more
BankingSaxo Bank, Geely Sweden to offer tech solutions to fintechs in ChinaInternational Finance DeskDecember 19, 2019 by International Finance DeskDecember 19, 2019 The joint venture aims to provide financial and regulatory technology solutions to banks and fintechs in China... Read more
BankingMastercard, SABB partner to enhance international paymentsInternational Finance DeskDecember 18, 2019 by International Finance DeskDecember 18, 2019 SABB customers can send money to more than 100 countries through Mastercard Send for Cross-Border... Read more
BankingSaudi Arabia’s NCB and Riyadh Bank end merger talksPritam BordoloiDecember 17, 2019 by Pritam BordoloiDecember 17, 2019 The two Saudi banks failed to agree on a valuation... Read more