BankingHSBC Singapore’s Jade proposition targets salaried millionnairesInternational Finance DeskNovember 29, 2019 by International Finance DeskNovember 29, 2019 The Jade platform caters to Singapore’s wealthy with at least $1.2 million in cash or investments in the bank... Read more
BankingKenyan banks outperform Nigerian counterpartsPritam BordoloiNovember 29, 2019 by Pritam BordoloiNovember 29, 2019 According to Moody’s report, technology helped Kenyan banks to be more efficient... Read more
BankingDeutsche Bank scales restructuring with $50 bn asset saleInternational Finance DeskNovember 28, 2019 by International Finance DeskNovember 28, 2019 The assets are related to emerging market debt — and are the latest in a series of unit disposals this year... Read more
BankingNBB to acquire 100% of Bahrain Islamic Bank’s paid up sharesPritam BordoloiNovember 27, 2019 by Pritam BordoloiNovember 27, 2019 On offer: Cash or a share-swap with an exchange ratio of 0.167 NBB shares per Bahrain Islamic shares... Read more
BankingOCB wins International Finance Award for digital bankingInternational Finance DeskNovember 27, 2019 by International Finance DeskNovember 27, 2019 The award honours banks for their accomplishments in innovation, infrastructure development, and customer centricity... Read more
BankingKenya, IMF to sign agreement to renew $1.5 bn standby creditInternational Finance DeskNovember 25, 2019 by International Finance DeskNovember 25, 2019 The IMF said that the country’s economic growth and fiscal plan is strong... Read more
BankingBank of Thailand to use monetary policy to fight economic downturnInternational Finance DeskNovember 25, 2019 by International Finance DeskNovember 25, 2019 The central bank cut borrowing costs to 1.25 percent earlier this month... Read more
BankingSiam Commercial plans fintech spin off to become digital leaderInternational Finance DeskNovember 22, 2019 by International Finance DeskNovember 22, 2019 The bank aims to transform one of its fintech units into a unicorn, or private company with $1 bn valuation... Read more
BankingHong Leong Bank launches new-gen digital bank in VietnamInternational Finance DeskNovember 21, 2019 by International Finance DeskNovember 21, 2019 The digital bank will offer fee-free financial transactions and e-vouchers to customers on the HLB Connect app... Read more
BankingAutomation: Deutsche Bank deploys robots as it slashes jobsInternational Finance DeskNovember 18, 2019 by International Finance DeskNovember 18, 2019 The bank aims to automate its back office functions through Operations 4.0 to become innovative and digital... Read more