BankingFeaturedIf Insights: Will UK cut its interest rate ahead of US?IFM CorrespondentApril 25, 2024April 24, 2024 by IFM CorrespondentApril 25, 2024April 24, 2024 The United Kingdom's March inflation report confirmed investor confidence that the BoE's policymakers, will choose to reduce interest rates early in 2024 to accelerate economic development... Read more
BankingFeaturedCiti takes the lead as major banks downsize workforce to streamline costsIFM CorrespondentApril 19, 2024April 18, 2024 by IFM CorrespondentApril 19, 2024April 18, 2024 Citi has recently announced that it will cut 7,000 jobs, as part of their plan to reduce staffing by 20,000 over the next two years... Read more
BankingExclusiveFeaturedQatar banks shine, record 8% profit growth in GCC: KPMG reportIFM CorrespondentApril 8, 2024April 8, 2024 by IFM CorrespondentApril 8, 2024April 8, 2024 According to the KPMG report, Qatar National Bank has maintained its position as the largest bank in the GCC, with assets worth USD 338 billion... Read more
BankingExclusiveFeaturedPVcomBank: Empowering businesses with financial solutionsIFM CorrespondentApril 8, 2024 by IFM CorrespondentApril 8, 2024 PVcomBank is a financial institution that supports businesses by offering preferential loan packages to provide timely additional capital... Read more
BankingExclusiveFeaturedAttijariwafa bank emerges as Africa’s financial powerhouseIFM CorrespondentMarch 21, 2024March 25, 2024 by IFM CorrespondentMarch 21, 2024March 25, 2024 Attijariwafa bank, over the years, has emerged as a leading banking and financial Group in Africa... Read more
BankingFeaturedAccess Bank strengthens Mozambique society through community engagementIFM CorrespondentMarch 15, 2024 by IFM CorrespondentMarch 15, 2024 Access Bank Mozambique believes that the knowledge of basic literacy principles results in sound choices that benefit everyone’s future... Read more
BankingFeaturedIF Insights: After the March 2023 horror, US banking sector now faces ‘NYCB Test’IFM CorrespondentMarch 7, 2024March 6, 2024 by IFM CorrespondentMarch 7, 2024March 6, 2024 After the 2023 banking crisis, exposure to commercial real estate loans was seen as the next big risk to American banks... Read more
BankingFeaturedCitySavings: Revolutionising banking with ‘Simple is Good’ philosophyIFM CorrespondentJanuary 29, 2024 by IFM CorrespondentJanuary 29, 2024 Established in 1965, CitySavings currently operates in over 140 branches throughout the Philippines... Read more
BankingFeaturedKomo: Redefining convenience in Filipino bankingIFM CorrespondentJanuary 8, 2024 by IFM CorrespondentJanuary 8, 2024 Komo's user-friendly mobile app lets the customer easily set up an account and access his/her finances anytime and anywhere... Read more
BankingFeaturedBank of England holds interest rate amid recession worriesIFM CorrespondentDecember 20, 2023 by IFM CorrespondentDecember 20, 2023 The Bank of England froze borrowing costs at its previous gatherings in September and November 2023, thereby snapping a series of 14 rate hikes... Read more