Commercial Bank of Dubai denies M&A reports, to stick to current strategy
Earlier media reports had said that the Al Futtaim Group which holds 10.5% in the bank was encouraging an M&A strategy...
Category : Banking
Hong Leong Bank net profit drops 8.1% to RM633.89 mn
The bank's revenue dropped 7.1% to RM1.166 bn from RM1.256 bn while loan growth momentum accelerated...
Listed Nigerian banks make Q1 profits of N256 billion
Effective funding optimization and a drive for higher efficiency boost Nigerian Banks’ profits in a slow environment....
Russian banks’ net profits increase to $11.6 billion in first four months
The Central Bank also said that it will consider introducing a gold-backed cryptocurrency for international settlements...
African Bank enables shared banking in South Africa
CEO of African Bank, Basani Maluleke said “MyWORLD is the cheapest transactional account in South Africa”...
Why are banks the most vulnerable to cyber threats?
Cyber criminals who target banks are sophisticated and organised, which means banks must approach cyber security holistically...
UniCredit to realise German ambition with Commerzbank bid
The bid comes in an effort to manifest the Italian global banking firm's long-term expansion plans in Germany...
Commercial Bank of Africa-NIG merger: No job cuts, warns Kenya
The deal will see NIG and CBA shareholders acquire 47 percent and 53 percent respectively of the merged entity...
US sanctions pressure on Russia: Morgan Stanley closing banking unit
After shutting its banking unit, Morgan Stanley will keep its consulting business, which does not require a licence in Russia...
Japan banks target remittances in anti-money laundering drive
A negative FATF review could place restrictions on cross-border transactions and settlements by Japanese banks...