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
Standard Chartered and Kredivo join hands to offer BNPL loans in IndonesiaIFM CorrespondentOctober 27, 2021 by IFM CorrespondentOctober 27, 2021 The UK-based lender is making strides in the BNPL segment in Asia... Read more
Goldman Sachs and AmEx debut cloud-based payment service for corporate clientsIFM CorrespondentOctober 21, 2021 by IFM CorrespondentOctober 21, 2021 Goldman Sachs Transaction Banking attracted more than 250 clients, taking on over $35 bn in deposits... Read more
StanChart enters Asian BNPL race with Atome investmentIFM CorrespondentOctober 18, 2021 by IFM CorrespondentOctober 18, 2021 The lender invested $500 mn in Atome Financial... Read more
Singapore’s virtual bank accounts to increase by 30% by 2026IFM CorrespondentOctober 11, 2021 by IFM CorrespondentOctober 11, 2021 Currently, only 18 percent of adults in the country have virtual bank accounts.... Read more
Monetary Authority of Singapore launches data-sharing platform to combat money launderingIFM CorrespondentOctober 5, 2021October 5, 2021 by IFM CorrespondentOctober 5, 2021October 5, 2021 The platform is named Cosmic and it will enable financial institutions to securely share information on customers or transactions... Read more