Standard Chartered launches first digital bank branch in TanzaniaIFM CorrespondentDecember 9, 2021 by IFM CorrespondentDecember 9, 2021 StanChart has launched the branch to enhance convenience for its customers... Read more
Standard and Shinhan bank to test cross-border stablecoinsIFM CorrespondentDecember 1, 2021December 1, 2021 by IFM CorrespondentDecember 1, 2021December 1, 2021 Both the banks will use the decentralised public ledger Hedera Hashgraph, a blockchain technology... Read more
Deutsche Bank rolls out Swift’s Beneficiary Account Validation (BAV) serviceIFM CorrespondentNovember 26, 2021 by IFM CorrespondentNovember 26, 2021 The new service will allow customers to verify payee account details before an international payment instruction is sent... Read more
Upgrading customer’s experience through the power of digital bankingWebAdminNovember 24, 2021November 25, 2021 by WebAdminNovember 24, 2021November 25, 2021 Commercial Bank believes digital leadership is about empowering customers to choose the time, place, and manner in which they wish to engage... Read more
Bank Indonesia to reduce liquidity in 2022 and keep rates low until inflation risesIFM CorrespondentNovember 24, 2021November 24, 2021 by IFM CorrespondentNovember 24, 2021November 24, 2021 The bank forecast the economy to expand between 3.2% and 4%... Read more
Saudi British Bank launches the Kingdom’s first shariah compliant supply chain finance solutionIFM CorrespondentNovember 17, 2021 by IFM CorrespondentNovember 17, 2021 The launch is in line with Vision 2030 initiative to increase financing to the SME sector... Read more
The digital banking landscape in IndonesiaIFM CorrespondentNovember 11, 2021 by IFM CorrespondentNovember 11, 2021 76% of the Indonesian population shops online every month... Read more
Credit Suisse to hand over its prime services and derivatives clearing customers to BNP ParibasIFM CorrespondentNovember 11, 2021 by IFM CorrespondentNovember 11, 2021 Both the banks have signed a referral agreement... Read more
Albilad Capital CEO is awarded the Best Emerging Investment CEO in the Kingdom for the year 2021WebAdminOctober 28, 2021 by WebAdminOctober 28, 2021 Albilad Capital is making strides in the industry as it grew by more than 22% annually and the company maintained a market share of more than 31%... Read more
Citi to seek a banking licence to boost its business in Saudi ArabiaIFM CorrespondentOctober 28, 2021 by IFM CorrespondentOctober 28, 2021 Citi wants to expand into trade finance and treasury solutions... Read more