DBS Bank to expand with hybrid human-robo portfolio
Next phase of expansion to be across Indonesia, Hong Kong, Taiwan, China and India...
Category : Banking
SMEs in Egypt secures E£146 bn funding from Central Bank of Egypt
Under the Central Bank of Egypt’s initiative, banks will offer soft loans with interest rate of 5% to 7%...
Hong Kong’s newly licenced digital banks to operate from early 2020
The banks’ operations have been delayed owing to the current protests that has continued into the fourth month...
Singapore’s Hong Leong to ally with fintechs for digital bank licence
The lender seeks to apply for one of the five licences to be issued by the Monetary Authority of Singapore in 2020...
Vietnam central bank to control commercial bank phantom loans
Customers can use the balance of their savings accounts as collaterals to clear this type of loans...
UAE banks held record Dh65.8bn in savings accounts by mid-2019
The savings accounts held by UAE banks accounted for 11.4 percent of the total deposits of Dh1.4 trillion by July end...
Independent board members: Global norms for Kuwait banks
The Central Bank of Kuwait’s decision to appoint board independent members is based on international principles...
Emirates NBD’s Network stake sale to boost profits
The bank will sell an additional 10.5 percent stake in Network International...
Singapore’s DBS Bank plans 7-8% annual growth in assets
Its current assets under management is expected to increase from $234 billion to $300 billion...
UAE’s ADCB sells Indian portfolio to focus on home market
The portfolio which includes Dh355 mn in assets and Dh601 mn in liabilities will be acquired by DCB Bank...