Bangkok Bank buys nearly 90% stake in Bank Permata for $2.7 bn
The Thai lender seeks to explore new markets to strengthen its presence in Southeast Asia...
Tag : banking
Safaricom’s Mali to take on banks through mobile saving service
The new investment tool, powered by M-Pesa, will offer an interest rate of 10% per year...
Grab launches SE Asia’s first numberless card
The GrabPay card, launched with a collaboration with Mastercard, is currently available in Singapore...
Nigerian fintech Migo raises $20 mn for Brazil expansion
Investors participating in the funding round include Valor Capital, the Rise Fund and Velocity Capital...
SoftBank invests $100 mn in Mexican fintech Konfio
This is Softbank’s third investment in Mexico reflecting its interest to promote new technologies...
Mobile Money in Nigeria: Will MTN succeed where others failed?
While mobile money is already a success in Kenya, Nigeria is finally adopting the right policies to make it a success...
Foreign resident deposits in Singapore banks hit S$49.76 bn
The deposits has been increasing every month since April...
CIB to become first Egyptian bank in Kenya with Mayfair acquisition
CIB hasidentified Tanzania and Uganda as potential markets for its Africa expansion...
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...