Gulf Bank to help develop an entrepreneurship ecosystem in Kuwait
Gulf Bank to help develop an entrepreneurship ecosystem in Kuwait,Will participate in the National Fund’s SME Debt Program....
Category : Banking
ANZ gearing to tap growing potential in Vietnam
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...
VPBank receives four prestigious international awards
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...
Banco Único becomes 6th biggest bank in 3 years
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...
SMEs: The double-edged sword of disintermediation
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...
Gulf Bank Wins ‘Best Retail Bank in Kuwait’ Award from IFM
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...
VP Bank organises seminar on Cash Flow Management
The program was aimed at SME customers January 23, 2015: More than 300 corporate customers attended the training course on Cash Flow Management organised by VPBank SME Centre in collaboration with PTI businessman training school in Hanoi on October 11 and in Ho Chi Minh City on October 23. The seminar was led by Dr. Le...
Odeabank: From the 49th place to 13th in 15 years
The total loan book reached Turkish Lira 14.3 billion, total asset size TL 20.3 billion whereas customer deposits reached TL 16.8 billion by the end of the first half of 2014 December 22, 2014: Odeabank made a powerful entry into the sector by obtaining a banking licence for the first time in 15 years in...
Headline: Bank Sohar net profit soars by 31.14%
Acting CEO says the bank has grown from strength to strength Muscat, October 31, 2014: Bank Sohar registered an increase in net profit by 31.14%. The net profit amount stood at OMR23.749mn as on September 30,2014. The net interest income saw a jump of 15.06%, increasing from OMR 31.842mn in Q3 of last year to...
Most investment bankers are still male
With a 2% drop in number of women entering the financial sector in the US, gender diversity is a long way off Suparna Goswami Bhattacharya October 7, 2014: While the technology sector is struggling to shrug off the gender-bias tag from its name, there is another industry — the financial services sector — which...