Banking Archives

Pioneering business models lead to higher returns

International Finance DeskApril 23, 2015

by International Finance DeskApril 23, 2015

Frost & Sullivan analyses key forces collapsing, disrupting and transforming the banking industry landscape April 23, 2015: Over the past decade and a half, banks have had to contend with a dynamic business model landscape. Key forces, like ever changing customer experience requirements, regulatory adjustments, and the rapid development of technology are transforming the banking landscape...

Banking

Bank Rakyat starts 2015 with new corporate office

International Finance DeskMarch 13, 2015

by International Finance DeskMarch 13, 2015

It embodies the bank’s commitment to deliver nothing but the best to its 5 million customers and 950,000 members March 13, 2015: Bank Rakyat started 2015 by launching Menara Kembar Bank Rakyat, its new corporate office located along Jalan Travers, on the fringes of KL Sentral. Operating in a very conducive and modern environment, it...

Banking

Sacombank is reaping the benefits of its customer centric model

International Finance DeskMarch 2, 2015

by International Finance DeskMarch 2, 2015

Its successful retail strategy is based on human resources, technology, financial capability and branch network March 2, 2015: Even since it was established 23 years ago, Retail Banking Strategy has been the key for Sacombank. It adopted a “Customer Centric Model” very early in order to achieve excellence in customer service as the main differentiating...

Banking

Bank robberies down, attacks on ATMs up

International Finance DeskMarch 2, 2015

by International Finance DeskMarch 2, 2015

But, the greater threat is posed by developments in technology Peter Taberner March 2, 2015: Research by the European Banking Federation (EBF) has revealed that there continues to be a decline in bank robberies. According to the 22nd edition of their bank robberies report, there were 2,347 heists in 2013. These took place in the...

Banking

Gulf Bank to help develop an entrepreneurship ecosystem in Kuwait

International Finance DeskFebruary 24, 2015

by International Finance DeskFebruary 24, 2015

Gulf Bank to help develop an entrepreneurship ecosystem in Kuwait,Will participate in the National Fund’s SME Debt Program....

Banking

ANZ gearing to tap growing potential in Vietnam

International Finance DeskFebruary 11, 2015

by International Finance DeskFebruary 11, 2015

The formation of a consuming middle-class is occurring at a faster pace in Vietnam than in any other emerging Asian economy, including China, India and Indonesia February 11, 2015: Commencing operations in Vietnam in 1993, ANZ was one of the first foreign banks to open representative offices in major cities, including Hanoi (1993), Ho Chi...

Banking

VPBank receives four prestigious international awards

International Finance DeskFebruary 11, 2015

by International Finance DeskFebruary 11, 2015

It is considered one of the Joint-Stock Commercial Banks with the largest total assets in Vietnam February 11, 2015: Vietnam Prosperity Joint-Stock Commercial Bank (VPBank) has received four prestigious awards from reputable international organisations, including “Best Commercial Bank Vietnam 2014”, “Straight-Through-Process”, “Best Banking Product Vietnam 2014” and “Best Trade Finance Bank Vietnam 2014”. The “Best...

Banking

Banco Único becomes 6th biggest bank in 3 years

International Finance DeskFebruary 6, 2015

by International Finance DeskFebruary 6, 2015

It was the 18th bank to start operations in Mozambique February 6, 2015: Banco Único, one of Mozambique’s youngest but fastest-growing financial enterprises, has enjoyed a meteoric rise since it was established just three years ago, thanks to its dynamic and passionate approach to banking and focus on tailor-made solutions for clients. It started operations...

Banking

SMEs: The double-edged sword of disintermediation

International Finance DeskFebruary 3, 2015

by International Finance DeskFebruary 3, 2015

Fragmentation of SME credit markets requires business owners to be more knowledgeable Charles Thorburn February 3, 2015: Financial markets have gone through a roller coaster in the past eight years, and whether it’s been bank bailouts, sovereign debt crises or LIBOR fixing scandals, the world of finance has been a large part of the news...

Banking

Gulf Bank Wins ‘Best Retail Bank in Kuwait’ Award from IFM

International Finance DeskFebruary 3, 2015

by International Finance DeskFebruary 3, 2015

The award highlights the bank’s strategy and commitment to offering its customers the best possible services within a safe and secure framework February 3, 2015: Gulf Bank has announced that it has received the ‘Best Retail Bank in Kuwait’ award from International Finance Magazine, one of the world’s leading financial publications with a readership in...