International Finance

Category : Banking

Banking

Sacombank is reaping the benefits of its customer centric model

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

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

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

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

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

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

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

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...
Banking

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...