Friday, Mar 20, 2026

International Finance

Category : Banking

Banking

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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Banking

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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Banking

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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Banking

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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Banking

Grupo Aval — Central America’s largest financial conglomerate

International Finance Desk
by International Finance Desk
Operates in 12 countries, serves more than 13 million banking customers, consolidates more than $68 billion in assets and has over $128 billion in assets under management February 8, 2016: Grupo Aval is Colombia and Central America’s largest financial conglomerate; it operates in 12 countries, serving more than 13 million banking customers and 11 million...
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Banking

Why digital wallets are a hit in China, India

International Finance Desk
by International Finance Desk
The reason is the huge proportion of the population that does not have a bank account IFM Correspondent January 31, 2016: Consumers around the world are increasingly using mobile phones to make online payments. This is helped by the increase in the number of people using smartphones. According to Statista, the overall number of mobile...
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Banking

Measuring growth and spotting pitfalls in the UK mortgage market

International Finance Desk
by International Finance Desk
Lenders must address the mortgage retention challenge if they are to aim for a sustainable future Damian Young January 13, 2016: Despite the Bank of England’s most recent vote against a rise in interest rates, many financial analysts remain confident that we will see a rate rise over the early stages of 2016. This confidence...
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Banking

aafaq Islamic Finance launches new medical equipment financing product

International Finance Desk
by International Finance Desk
To target SME companies and complement national healthcare development goals January 12, 2016: aafaq Islamic Finance, a leading provider of Islamic finance products and services in the UAE, has introduced a new medical equipment financing product specifically tailored for the country’s small & medium enterprise (SME) market. The fully Shari’a-compliant product will be offered to...
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Oman wants to increase success rate of SMEs

International Finance Desk
by International Finance Desk
Over 50% fail within five years, which is a drag on efforts by the Gulf nation to diversify its oil & gas based economy IFM Correspondent September 15, 2015: The two-day Oman SME Summit in Muscat got off to a rousing start with a welcome speech and special address by His Highness Al Sayyid Dr. Adham...
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Banking

Battling for billions

International Finance Desk
by International Finance Desk
New mobile payments provider Equitel heats up competition in Kenya Amoxers Wachira July 30, 2015: In Kenya, it is unbelievably easy to complete transactions using a simple mobile phone handset. Such is the success of M-Pesa, Kenya’s pioneering mobile payments platform, that the country has been thrust in the unlikely position of a global leader...
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