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%...
Category : Banking
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...
UOB widens presence in Vietnam with new Hanoi branch
The bank earlier had just one branch in Vietnam, situated in Ho Chi Minh City...
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%...