Moneycorp licenced to be its fifth forex bank in Brazil
It is the second international banking licence for Moneycorp after the European licence it holds in Gibraltar...
Category : Banking
Indonesia lynchpin of Standard Chartered 2021 returns target
Standard Chartered’s operating profit in Indonesia is up by 28% in H1 2019 year-on-year...
New Singapore e-service to help firms fight money laundering
Banks such as BNP Paribas, DBS Bank, MUFG Bank, OCBC Bank, and United Overseas Bank show interest in the new service...
UBF: UAE banks well-capitalised, highly liquid, and stable
By December end, total banking assets reached $780 billion which bolstered the UAE banking sector’s position as the largest in the Gulf region...
Malaysia’s Maybank plans to diversify revenue from retail SMEs
The bank aims to increase the current 10% revenue from the segment to 20% in three years...
China grants Deutsche, BNP Type A banking licence
The Type A licence will allow the two foreign banks to become a lead underwriter for corporate debt...
Kenya’s Equity Bank appoints ex-World Banker as new COO
As the new COO, John Wilson will oversee Equity Bank Kenya’s operations at the group level...
MTN Nigeria launches new mobile financial services
The new scheme will enable cash transfers and payments through mobile connections...
Malaysian banks expecting 25bps rate cut before end 2020
The last time central bank of Malaysia declared rate cut was in May 2019...
Now South Africa’s Standard Bank starts selling smart phones
The new scheme allows customers to buy smartphones through an extended payment facility...