Southeast Asian banks to lose $5 bn due to digitalisation
Banks will face pressure on income from card transactions and fees, with 14.3% of their payments revenue at stake...
Category : Banking
OCBC to form a new digital bank with Keppel and Validus
OCBC is planning to acquire a wholesale digital banking licence offered by Singaporean regulators...
GCC countries slash interest rates to lower loan costs
The rate cut follows the US Federal Reserve’s decision to reduce rates by 25 basis points...
Kenya’s NCBA Bank to partner with Chinese fintechs
The bank aims to boost Sino-Africa trade by facilitating financial transactions with China...
UOB to promote solar power among clients through U-Solar
The programme will enable businesses and individuals to connect with the bank’s solar partners for installations...
China’s ICBC lists two bonds worth $1 bn on Nasdaq Dubai
Each bond is worth $500 million—and reflect the financial and economic relationship between Dubai and China...
Deutsche Bank to expand client base in Thailand
The bank will target domestic corporations looking to invest overseas...
Emirates NBD to raise Dh6.45 bn from rights issue
The bank plans to expand abroad and attract more foreign investments...
CIMB Singapore’s trade finance platform to generate $100 mn
The bank completed its first trade financing transaction using IoT cargo sensors and blockchain...
South Africa’s Absa eyes China as part of Asia expansion
The lender is seeking to create a diverse portfolio across businesses and countries...