BankingFeaturedCitibank appoints new Southeast Asia chairmanPritam BordoloiJuly 24, 2020 by Pritam BordoloiJuly 24, 2020 Citi Malaysia chief executive officer Lee Lung Nien will take over the role of chairman... Read more
FeaturedFintechBankDhofar partners with Oman Air to launch payment gatewayPritam BordoloiJuly 14, 2020 by Pritam BordoloiJuly 14, 2020 The new service will enable the carrier's customers to process air tickets booking online using debit cards... Read more
BankingFeaturedADBC signs MoU with Tencent to leverage its cloud technologyPritam BordoloiJuly 10, 2020 by Pritam BordoloiJuly 10, 2020 We will see collaborations on cloud-based financial services and joint innovations towards a data-driven digital bank... Read more
BankingFeaturedUAE central bank to introduce a new overnight deposit facilityPritam BordoloiJuly 6, 2020 by Pritam BordoloiJuly 6, 2020 The new facility will allow conventional banks operating deposit their surplus liquidity at the central bank on an overnight basis... Read more
BankingFeaturedThe National Bank of Iraq sees growth despite the pandemicInternational Finance Business DeskJuly 2, 2020 by International Finance Business DeskJuly 2, 2020 The National Bank of Iraq ranks first in the country in terms of growth in customer deposits and net credit facilities... Read more
BankingFeaturedStandard Chartered extends Sh650 bn in financing for businessesInternational Finance Business DeskJune 23, 2020 by International Finance Business DeskJune 23, 2020 The loan extension will allow businesses to cope with the pandemic's impact... Read more
BankingFeaturedMAS shortlists 14 applicants for digital banking licencesPritam BordoloiJune 19, 2020 by Pritam BordoloiJune 19, 2020 Out of the 14, five are digital full bank applicants and nine digital wholesale bank applicants... Read more
BankingFeaturedAbsa Bank restructures over 50,000 loan facilities for KenyansInternational Finance Business DeskJune 15, 2020 by International Finance Business DeskJune 15, 2020 Absa Bank's restructuring is part of its commitment to protect customers from the adverse effects of the coronavirus pandemic... Read more
BankingFeaturedGoldman Sachs temporarily closes Marcus for new UK customersInternational Finance Business DeskJune 12, 2020 by International Finance Business DeskJune 12, 2020 Since the start of the pandemic, deposits worth $5.1 billion flooded the account, with Marcus now holding an approximate total of $27 billion... Read more
BankingFeaturedBank of America acquires 1.51% stake in Emirates NBDPritam BordoloiJune 10, 2020 by Pritam BordoloiJune 10, 2020 The deal is expected to cost around Dh900 mn... Read more