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...
Category : Banking
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...
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...
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...