Nigerian banks NPA loan book reaches ₦1.5 tr in 2018
The NPAs show a 15% increase when compared to ₦1.3tr of non-performing loans in 2017...
Category : Banking
UAE banks’ investments in UK grew 23.9% to Dh61 billion in Q1 2019
UK is preparing to explore possibility of free trade agreements with countries in the Gulf region....
Mobile banking transactions grow 24% in Brazil in 2018
From merely checking bank statements, more and more Brazilians are completing financial activities on mobile...
Nigeria’s biggest lenders now focused on improving retail banking
Africa's retail banking revenues will reach $53 billion in 2022, increasing from $35 billion in 2017...
Aabar prepares to sell 9.9% stake in Malaysia’s RHB Bank
Aabar disposed 3 percent stake or $191 million shares in RHB Bank in March this year...
Alawwal Bank, Saudi British Bank merger completion to benefit RBS
RBS said that the merger would strengthen its core capital and help it shed £4.7bn worth of risk-weighted assets...
SNB advises UBS and Credit Suisse to strengthen credit planning
The Swiss National Bank said that the two banks have ‘slightly improved their capital situation,’ despite moderate dip in economic and financial condition...
High NPAs, low adequacy ratio put banks in Russia at risk: World Bank
A Russian court has ordered PE group Barings Vostok to surrender its stake in Russia’s Vostochny Bank...
Citigroup, Grab launch co-branded credit cards to boost customer base
The decision comes as part of the bank’s plan to increase its Asian customer base by approximately 13 percent...
Barclays Kenya warns regulatory changes might increase banking costs
Banks in Kenya are subject to scrutiny due to new regulations under the rule of Central Bank Governor Patrick Njoroge...