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...
Category : Banking
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...
Move over mobile banking: NatWest’s voice banking is here
The technology could become a success as 9.6 mn people own smart speakers in the country...
UAE banks ‘can make profits of Dh40 bn in 2019’
11 banks listed on the ADSE recorded a 3.5 increase in profits which amounts to Dh11.6 billion...
Thanachart, TMB merger encourages consolidation
Thanachart Bank will have total assets valued at TB1.9 tn in addition to 10 mn retail million customers after the merger...
Top Russian corporates seek domestic ratings for local banks
The firms claim that domestic ratings would significantly lower the pressure on banking capital...
South Africa’s Standard Bank pivots away from Argentina
The sale of stake in a Chinese unit’s Argentina operations stems from renewed focus on Africa...
Nigeria enacts new banking debtor asset surveillance law
The new bill gives the authorities the power to place bank accounts of a debtor under surveillance and to seize devices...
South Africa central bank: Africapacity eyeing VBS for R2 bn
Africapacity made its intent known although it is yet to formally apply for a banking licence...