Kenya’s National Bank gets a Sh5bn lifeline from KCB Group
With a staggering Sh32bn in non-performing loans, the National Bank of Kenya was struggling to stay afloat...
Tag : banking
Egypt’s overdue banking act forwarded to legislature
The much-awaited banking law monitors digital payments and financial technologies...
UBS to cut 500 jobs equal to 2% of global wealth workforce
UBS’ decision is aimed at reviving its business and strengthening regional units...
Oliver Alawuba named as the new CEO of UBA Africa
UBA Africa now serves over 19 million customers across the continent...
NCBA Bank demands acceleration of Kenyan banking consolidation
The bank’s push to increase minimum capital is targeted at driving takeovers in the country...
United Gulf buys Burgan Bank’s 51.8% stake in Bank of Baghdad
The deal is anticipated to reduce non-performing loans by nearly KWD 34 million...
Ex-Barclays tech chief to launch UK crypto-friendly digital bank
Ziglu digital bank will offer fiat as well as crypto accounts...
Razer joins Singapore’s digital banking bandwagon
Gaming brand Razer has applied for a digital banking licence in Singapore joining Singtel and Grab...
Brazil proposes banking bill in case of financial crisis
Central bank proposed the bill which will mandate the use of public funds to bailout financial firms...
UAE total banking investments reach Dh396.2 bn
The central bank noted that debt securities rose 16.7% year-to-date, reaching a total of Dh245.4 bn...