Trade Bank of Iraq to expand in China and Arabian Gulf
The bank is seeking to lift its revenues from retail banking and international operations to 30% by 2022...
Category : Banking
South Africa’s central bank prepares to sell 50% stake in African Bank
African Bank was placed under the central bank five years ago when low-income clients failed to pay back personal loans...
Cyprus banks record the second highest NPL ratio in EU
Cyprus banks’ NPLs amounted to 34.1% of total loans compared with the EU average of just 3.1%...
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...
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...