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
BankingFeaturedEmirates NBD Egypt is leading in trade finance and cash managementWebAdminNovember 9, 2020 by WebAdminNovember 9, 2020 The bank seeks to become a major player in financing new projects and development initiatives... Read more
FeaturedTechnologyNium’s fund transfer tech will deepen cross-border paymentsInternational Finance Business DeskNovember 4, 2020November 4, 2020 by International Finance Business DeskNovember 4, 2020November 4, 2020 Banco Hipotecario’s strategic collaboration with the fintech will open the marketplace to new international corridors... Read more
Banking and FinanceExclusiveThe winds of change in Malaysia has begunInternational Finance Business DeskOctober 28, 2020November 2, 2020 by International Finance Business DeskOctober 28, 2020November 2, 2020 A proposed taxonomy will be introduced by Bank Negara Malaysia to realise a green economy, a move that is already developing in the EU and Canada... Read more
BankingFeaturedBCI to establish corporate bank in PeruInternational Finance Business DeskOctober 27, 2020October 27, 2020 by International Finance Business DeskOctober 27, 2020October 27, 2020 Temenos Transact and Temenos Infinity will be deployed to build up the bank’s growth strategy... Read more