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
BankingMagazineNovember- 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
BankingGCC countries slash interest rates to lower loan costsInternational Finance DeskNovember 1, 2019 by International Finance DeskNovember 1, 2019 The rate cut follows the US Federal Reserve’s decision to reduce rates by 25 basis points... Read more
BankingEquity to get Sh13 bn discount on Atlas Mara acquisition in AfricaInternational Finance DeskOctober 10, 2019 by International Finance DeskOctober 10, 2019 It will acquire four banks in Rwanda, Zambia, Tanzania and Mozambique... Read more
BankingMagazineSeptember-October 2019 IssueOCB: Pioneering Vietnam bank in digital technologyInternational FinanceSeptember 25, 2019December 6, 2019 by International FinanceSeptember 25, 2019December 6, 2019 Vietnam’s Orient Commercial Bank is successfully executing a digital transformation journey with the customer at the centre... Read more
FintechMagazineSeptember-October 2019 IssueDigitally transforming debt collection in AsiaInternational FinanceSeptember 24, 2019December 19, 2019 by International FinanceSeptember 24, 2019December 19, 2019 A Singapore fintech startup is introducing radical transformation to the heavily manual debt collection process in Asia using data and AI... Read more
MagazineSeptember-October 2019 IssueTechnologyUAE leads AI-led digital transformation in the Middle EastInternational FinanceSeptember 24, 2019December 6, 2019 by International FinanceSeptember 24, 2019December 6, 2019 AI is expected to contribute 14 percent of UAE’s 2030 GDP... Read more