UOB widens presence in Vietnam with new Hanoi branch
The bank earlier had just one branch in Vietnam, situated in Ho Chi Minh City...
Category : Banking
Malaysian banks’ Q2 profit shows very little growth
Bank Negara lowered the overnight policy rate which affected the banks’ earnings...
Kenyan banks seek amendment of interest rate capping law
Kenya Bankers Association asks parliament to increase the interest rate capping limit for industries to flourish...
Standard Bank: Virtual card payments surge 300% in nine months
The bank expects online retail spending which accounts for less than 2% of total retail spending to increase in the coming years...
South Africa’s new Debt Relief Law causes major concern to banks
The banking sector, the clothing retailers and the Democratic Alliance have opposed the law...
CBN deadline: Nigerian banks scramble for borrowers
Tier-1 banks with assets greater than or equal to N1 tn are luring borrowers in Tier-2 banks with attractive interest rates...
Digital helps PPC Bank of Cambodia generate $8 mn profit
Loans issued during the period also increases by 32% while deposits increase by 15%...
Danish Bank introduces first-ever negative interest mortgage
The bank offers an interest rate of -0.5% on loans, which means the bank will pay its borrowers to take money off their hands...
Overseas Filipino Bank to be first digital bank in the Philippines
Land Bank of Philippines working with the central bank to create rules and regulations for the bank...
Absa’s retail banking market share, profits increase
The increase in earnings is attributed to the strong performance of its South African retail business...