Slowing economy: China considers reforms for smaller banks
China's central bank will encourage merger talks for banks that are under financial risks...
Category : Banking
Economic distress: HSBC Hong Kong offers help to local SMEs
The bank offers refunds up to HK$20,000 for loans taken between March and August...
Standard Bank targets micro-merchants, invests in fintech
Standard Bank buys stake in local fintech firm Nomanini, which connects informal merchants with distributors via an e-wallet...
South Africa requests new banking licence for Postbank
South African Post Office is losing out large number of logistics business due to this factor...
BNP Paribas shuts down Philippines offshore banking unit
BNP Paribas’s Philippines branch become a licenced offshore banking branch in 1997...
Coming soon: Fujitsu’s AI-based credit scoring for banks
The software, which will be available from October, will help lenders screen small and medium-size businesses...
First Abu Dhabi Bank denies Qatar disclosure allegations
The Qatar Financial Authority imposed a fine of $55 million for obstructing a probe into the case...
Al Baraka Bank Egypt records EGP538mn net profit for H1 2019
The bank’s total investments and financing in the same period reached EGP46.5 billion, with a growth rate of 12%...
Access Bank deepens financial inclusion with agency banking
The decision will enable branches to focus on complex customer obligations...
NBB: No decision made on Bahrain Islamic Bank offer
National Bank of Bahrain is in talks with Islamic Development Bank to acquire its 14.42 percent stake in Bahrain Islamic...