Maruhan Japan Bank seeks to become the most trusted bank in Laos
The bank plans to drive financial inclusion and deliver premium customer services through automation and digitisation...
Tag : banks
Emirates NBD reduces transaction fees in line with the UAE’s coronavirus initiatives
These measures are being implemented to mitigate economic impact caused by the coronavirus epidemic...
HSBC combines wealth and retail banking to create new global business
The decision to merge its banking units comes as it prepares to slash 35,000 jobs globally...
Standard Chartered launches 8 African digital-only banks within a year
The decision to launch digital-only retail banks was driven by increasing consumer demand...
Banks will seek blockchain adoption in next three to five years
JP Morgan in its report notes that blockchain is vital to fast payments and digital currency...
Morgan Stanley to acquire online trading firm Etrade for $13 bn
The acquisition will allow Morgan Stanley to tap into Etrade’s 5.2 mn retail investors...
South Africa to set up wealth fund, state bank to improve financial access
The plans for both proposals were announced by President Cyril Ramaphosa in his 2020 State of the Nation Address...
DIB becomes world’s largest Islamic bank with Noor Bank acquisition
DIB will have total assets worth Dh275 billion, making it the fourth largest bank in the UAE...
Egypt’s external debt increases 17.47% to $109.363 bn last September
The World Bank estimates Egypt’s volume of long-debt to be more than $98.3 billion...
South Africa slashes interest rates to lowest in four years
The Monetary Policy Committee voted in unison to lower the repurchase rate to 6.25% from 6.5%...