CIB to become first Egyptian bank in Kenya with Mayfair acquisition
CIB hasidentified Tanzania and Uganda as potential markets for its Africa expansion...
Tag : banking
RCBC to launch first Philippines-based virtual bank
The new venture Diskartech will be the first Filipino financial inclusion-focused virtual bank...
Now Ghana wants to launch digital national currency
The bank is in talks with key stakeholders to explore the possibility of launching a pilot project for digital currency initiative...
Deutsche Bank scales restructuring with $50 bn asset sale
The assets are related to emerging market debt — and are the latest in a series of unit disposals this year...
NBB to acquire 100% of Bahrain Islamic Bank’s paid up shares
On offer: Cash or a share-swap with an exchange ratio of 0.167 NBB shares per Bahrain Islamic shares...
Bank of Thailand to use monetary policy to fight economic downturn
The central bank cut borrowing costs to 1.25 percent earlier this month...
Siam Commercial plans fintech spin off to become digital leader
The bank aims to transform one of its fintech units into a unicorn, or private company with $1 bn valuation...
Hong Leong Bank launches new-gen digital bank in Vietnam
The digital bank will offer fee-free financial transactions and e-vouchers to customers on the HLB Connect app...
GCC and trade war: Time for foreign investment in UAE, Saudi banks?
The top banks in the UAE have increased their foreign investment cap while the Saudi markets regulator has also done the same...
Dubai fintech NOW Money driving financial inclusion for low-income workers
70% of the GCC’s population, mostly low-income expat workers, do not have a bank account – NOW Money wants to change that...