BankingFeaturedDTB Kenya to receive Sh5.4 bn loan from IFCInternational Finance Business DeskAugust 13, 2020 by International Finance Business DeskAugust 13, 2020 The loan will help the bank to finance SMEs that are largely affected by the protracted pandemic... Read more
BankingFeaturedStandard Chartered to slash jobs on the back of profit dipInternational Finance Business DeskJuly 30, 2020 by International Finance Business DeskJuly 30, 2020 The bank has drafted a list of several hundred employees who will be eliminated as part of its cutback programme... Read more
BankingFeaturedThe National Bank of Iraq sees growth despite the pandemicInternational Finance Business DeskJuly 2, 2020 by International Finance Business DeskJuly 2, 2020 The National Bank of Iraq ranks first in the country in terms of growth in customer deposits and net credit facilities... Read more
BankingFeaturedEquity Bank seeks to become trillion shilling over next two yearsInternational Finance Business DeskJuly 2, 2020July 2, 2020 by International Finance Business DeskJuly 2, 2020July 2, 2020 The bank is close to completing the Democratic Republic of the Congo commercial bank transaction... Read more
BankingFeaturedEquity Bank terminates acquisition talks with Altas MaraInternational Finance Business DeskJune 24, 2020 by International Finance Business DeskJune 24, 2020 The protracted pandemic and the uncertainty that follows has forced the bank to end acquisition of four banks in Zambia, Mozambique, Tanzania and Rwanda... Read more
BankingFeaturedStandard Chartered extends Sh650 bn in financing for businessesInternational Finance Business DeskJune 23, 2020 by International Finance Business DeskJune 23, 2020 The loan extension will allow businesses to cope with the pandemic's impact... Read more
BankingFeaturedGoldman Sachs temporarily closes Marcus for new UK customersInternational Finance Business DeskJune 12, 2020 by International Finance Business DeskJune 12, 2020 Since the start of the pandemic, deposits worth $5.1 billion flooded the account, with Marcus now holding an approximate total of $27 billion... Read more
Banking and FinanceFinanceMagazineNeobank diary: Data is everythingWebAdminJune 5, 2020June 5, 2020 by WebAdminJune 5, 2020June 5, 2020 Neobanks in Southeast Asia rival traditional banks with unique digital propositions built on vast amounts of customer data... Read more
BankingFeaturedNew digital bank called Sparkle launches in NigeriaPritam BordoloiJune 3, 2020 by Pritam BordoloiJune 3, 2020 Sparkle is launched by former Diamond Bank CEO and tech entrepreneur Uzoma Dozie... Read more
BankingFeaturedNigeria suspends layoffs for banks despite difficult timesInternational Finance Business DeskMay 7, 2020May 7, 2020 by International Finance Business DeskMay 7, 2020May 7, 2020 Commercial lenders will have to seek approval from the central bank to implement job cuts... Read more