Mastercard, SABB partner to enhance international payments
SABB customers can send money to more than 100 countries through Mastercard Send for Cross-Border...
Category : Banking
Saudi Arabia’s NCB and Riyadh Bank end merger talks
The two Saudi banks failed to agree on a valuation...
Bank Muscat to launch $100 mn strategic fintech programme
The programme will ensure top class services and digital innovations across all segments...
Bank Audi to increase SME loan portfolio to EGP 5 bn by 2019 end
Central Bank of Egypt expects banks to increase SME loans on their portfolios by 20 percent by 2020...
Bangkok Bank buys nearly 90% stake in Bank Permata for $2.7 bn
The Thai lender seeks to explore new markets to strengthen its presence in Southeast Asia...
Vietnam’s MSB focused on exceptional customer experiences
Its efforts to deliver quality products coupled with exceptional customer engagement has led to ground breaking milestones...
UOB asset management to acquire VAM Vietnam for $4.9 mn
The acquisition will strengthen UOB’s Asian presence which is in line with its regionalisation plans...
Foreign resident deposits in Singapore banks hit S$49.76 bn
The deposits has been increasing every month since April...
CIB to become first Egyptian bank in Kenya with Mayfair acquisition
CIB hasidentified Tanzania and Uganda as potential markets for its Africa expansion...
UK P2P lender Zopa to secure £130 mn to become virtual bank
Zopa was the first peer-to-peer lending firm in the UK—lending nearly £4 billion to consumers since inception...