Wednesday, Nov 27, 2024

International Finance

Category : Banking

‘BNU is growing along with Macau’

International Finance Desk
by International Finance Desk
Interview with Pedro Cardoso, Chief Executive Officer of BNU, which has been a century-old pillar of Macau’s economy March 14, 2016: Banco Nacional Ultramarino, S.A. (BNU) was awarded the ‘Best Socially Responsible Bank Macau 2015’ and ‘Best Retail Bank Macau 2015’ by International Finance Magazine Awards 2015 on its long-standing and unwavering commitment to its...
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WorldRemit partners with UAE Exchange

International Finance Desk
by International Finance Desk
New services will be rolled out in Africa, Middle East, Asia May 13, 2016: WorldRemit –– has partnered with UAE Exchange, the global remittance, foreign exchange and payment solutions brand — to offer its customers instant money transfers for multiple markets. Through the partnership, WorldRemit customers can now send money instantly to be picked up...
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MyCheck introduces MyWallet SDK

International Finance Desk
by International Finance Desk
This will help in secure integration of payment in mobile apps and websites March 11, 2016: MyCheck, a leading mobile payment technology platform, announced a new innovative fintech product called the MyWallet SDK that allows developers to enable the secure and convenient management of multiple payment methods across various native apps and websites with a...
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Al Masraf profits increase by 11% in 2015

International Finance Desk
by International Finance Desk
Profit increase encourages bank to develop more attractive products March 8, 2016: The Arab Bank for Investment and Foreign Trade (Al Masraf) recorded a net profit of AED 405 million in 2015—reflecting a growth of 11 per cent as compared to the AED 366 million profit it posted in 2014. The company’s operating profit also...
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Moody’s analytics launches UK mortgage portfolio analyser

International Finance Desk
by International Finance Desk
Will help assess credit risk in portfolios of residential mortgages May 6, 2016: Moody’s Analytics, a leader in risk measurement and management, announced the launch of UK Mortgage Portfolio Analyzer (UK-MPA), an innovative, customisable tool to help assess and manage credit risk in portfolios of residential mortgages originated in the United Kingdom. UK-MPA provides powerful...
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S-Bank takes fuelling mobile

International Finance Desk
by International Finance Desk
The Finnish based bank launches fuelling feature to its app February 23, 2016: Finnish-based S-Bank is set on making everyday life easier by bringing a new mobile fuelling feature to its award-winning S-Mobile iPhone app. The unique service now combines mobile fuelling with mobile banking, a retail customer loyalty programme and targeted customer coupons. Mobile...
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About what’s next in banking

International Finance Desk
by International Finance Desk
Global banks woo startups to avoid being left behind by innovation Tom Jackson February 22, 2016: “Traditional bank-to-bank competition is not the issue. This new wave of competition is coming from both nimble, innovative, cloud- and mobile-first startups, as well as the major technology players largely unencumbered by policy and regulation,” says David Lynch, managing...
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Materialising the concept of ‘Insurance for Everyone’

International Finance Desk
by International Finance Desk
The insurance penetration in Bangladesh is less than 1%, which shows the current scenario of the market February 15, 2016: The insurance industry in Bangladesh is considered to be an untapped sector. It has one of the lowest insurance penetrations in the world (around 1%). While some choose to be pessimistic about it, insurance experts...
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BisB rights offer 100% subscribed

International Finance Desk
by International Finance Desk
Message from bank CEO Hassan Amin Jarrar February 11, 2016: Bahrain Islamic Bank (BisB) announced the final result of the subscription in the capital increase offered during the period from 15th November to 29th November 2015 with 100% being subscribed. Total number of shares offered for the existing shareholders was 170,940,171 ordinary shares. Total shares subscribed were...
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