Banking and FinanceFeaturedWhy Ziraat Participation Bank is important to TurkeyInternational Finance Business DeskDecember 15, 2020December 24, 2020 by International Finance Business DeskDecember 15, 2020December 24, 2020 The bank is deepening financial inclusion with an expansive network of nearly 104 branches across the nation... Read more
BankingFeaturedSiam Commercial launches cross-border payments to KoreaPritam BordoloiDecember 14, 2020 by Pritam BordoloiDecember 14, 2020 Siam partnered with Lightnet to provide cross-border fund transfer services from South Korea to Thailand... Read more
BankingFeaturedDT Dobie, Co-operative Bank establish partnership worth Sh 1 bnInternational Finance Business DeskDecember 11, 2020 by International Finance Business DeskDecember 11, 2020 The partnership will allow customers to purchase or lease Mercedes-Benz buses with multiple options... Read more
Banking and FinanceFeaturedKenya seeks IMF loan worth $2.3 bn to stabilise rising debtInternational Finance Business DeskDecember 8, 2020 by International Finance Business DeskDecember 8, 2020 The country’s fiscal deficit will increase to 8.3% of GDP in the fiscal year to June 2021 from 7.4% in the current fiscal year... Read more
BankingFeaturedHow Commercial Bank put an end to banking woesInternational Finance Business DeskDecember 7, 2020December 9, 2020 by International Finance Business DeskDecember 7, 2020December 9, 2020 In response to the pandemic, the bank has introduced CB Pay with tokenisation capabilities for swift contactless payments... Read more
BankingFeaturedUAE banks’ assets increase by 7.6% y-o-y in September-endPritam BordoloiNovember 30, 2020 by Pritam BordoloiNovember 30, 2020 When compared quarterly, assets increased by 2 percent to reach Dh3.253 tn... Read more
BankingFeaturedKCB’s stake acquisition in Tanzania, Rwanda will uplift its rankingInternational Finance Business DeskNovember 27, 2020 by International Finance Business DeskNovember 27, 2020 The bank will acquire Banque Populaire du Rwanda and the African Banking Corporation Tanzania... Read more
FeaturedTechnologyChina Construction Bank sells $3 bn debt using blockchainPritam BordoloiNovember 13, 2020 by Pritam BordoloiNovember 13, 2020 The bonds sale has been carried out in partnership with Hong Kong-based fintech firm Fusang... Read more
Business LeadersFeaturedCredit Suisse appoints a banking veteran for its Brazilian unitWebAdminNovember 11, 2020 by WebAdminNovember 11, 2020 Former JP Morgan veteran Juliana Pagetti is appointed as the managing director for its international wealth management unit... Read more
BankingFeaturedNigerian banks suffer liquidity window drop: CBKInternational Finance Business DeskNovember 10, 2020 by International Finance Business DeskNovember 10, 2020 The average daily deposit dropped to N48.32 billion in 251 transaction days last year... Read more