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...
Category : Banking
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%...
Citi Singapore adjusts pay for women to bridge gender gap
The bank’s global pay equity review found that women staff did not receive equal compensation for the same task performed...
Enigma-led consortium applies for Singapore’s digital bank licence
Enigma Group is the fifth to bid for a digital bank licence in Singapore...
UAE, Saudi banks expect increase in loan demand in 2020
Dubai Expo 2020, banks’ regional expansion and slowdown in property market are contributing factors to rising credit...
Open banking unleashes business lending race
The UK’s open banking directive is starting to propel SME growth and is having a cascading effect on European banking...
UOB taps into $10 bn Asean millennials market with neobank TMRW
The bank says that 70% of ASEAN consumers demonstrate high ecommerce engagement...
Kenya’s National Bank gets a Sh5bn lifeline from KCB Group
With a staggering Sh32bn in non-performing loans, the National Bank of Kenya was struggling to stay afloat...
Tonik receives digital banking licence in the Philippines
The neobank startup will be the first pure play digital-only bank in Southeast Asia...
Egypt’s overdue banking act forwarded to legislature
The much-awaited banking law monitors digital payments and financial technologies...