Business LeadersOliver Alawuba named as the new CEO of UBA AfricaInternational FinanceJanuary 7, 2020January 8, 2020 by International FinanceJanuary 7, 2020January 8, 2020 UBA Africa now serves over 19 million customers across the continent... Read more
BankingNCBA Bank demands acceleration of Kenyan banking consolidationInternational FinanceJanuary 6, 2020 by International FinanceJanuary 6, 2020 The bank’s push to increase minimum capital is targeted at driving takeovers in the country... Read more
BankingUnited Gulf buys Burgan Bank’s 51.8% stake in Bank of BaghdadInternational FinanceJanuary 6, 2020 by International FinanceJanuary 6, 2020 The deal is anticipated to reduce non-performing loans by nearly KWD 34 million... Read more
TelecomVodafone to turn M-Pesa into a bank to target Africa’s unbankedPritam BordoloiDecember 18, 2019 by Pritam BordoloiDecember 18, 2019 Currently, M-Pesa accounts for 3.5% of Vodacom’s revenue... Read more
BankingBank Audi to increase SME loan portfolio to EGP 5 bn by 2019 endInternational Finance DeskDecember 16, 2019 by International Finance DeskDecember 16, 2019 Central Bank of Egypt expects banks to increase SME loans on their portfolios by 20 percent by 2020... Read more
FintechAlibaba-backed WeLab secures $156 mn funding to invest in R&DPritam BordoloiDecember 13, 2019 by Pritam BordoloiDecember 13, 2019 The fintech startup has received the funding from Alibaba Hong Kong Entrepreneurs Fund and China Construction Bank... Read more
BankingVietnam’s MSB focused on exceptional customer experiencesInternational Finance DeskDecember 12, 2019 by International Finance DeskDecember 12, 2019 Its efforts to deliver quality products coupled with exceptional customer engagement has led to ground breaking milestones... Read more
BankingNBB to acquire 100% of Bahrain Islamic Bank’s paid up sharesPritam BordoloiNovember 27, 2019 by Pritam BordoloiNovember 27, 2019 On offer: Cash or a share-swap with an exchange ratio of 0.167 NBB shares per Bahrain Islamic shares... Read more
Banking Magazine November- December 2019 IssueGCC and trade war: Time for foreign investment in UAE, Saudi banks?International FinanceNovember 20, 2019January 9, 2020 by International FinanceNovember 20, 2019January 9, 2020 The top banks in the UAE have increased their foreign investment cap while the Saudi markets regulator has also done the same... Read more
BankingOCBC launches all-in-one digital payment terminal in MalaysiaPritam BordoloiNovember 14, 2019 by Pritam BordoloiNovember 14, 2019 Becomes the first foreign bank in Malaysia to do so by collaborating with the Revenue Group... Read more