Top StoriesBank of East Asia’s interim profits surge amid Covid-19 pandemicGBO CorrespondentAugust 21, 2020 GBO CorrespondentAugust 21, 2020 The bank’s profit surged by 53 % to HK$1.53 bn in Q1...
Top StoriesEgypt’s Beltone to launch out non-banking financial servicesGBO CorrespondentAugust 19, 2020 GBO CorrespondentAugust 19, 2020 The bank’s second quarter profit slumped by 52 percent from 25.2 million...
Top StoriesTemasek acquires$4.8 billion worth stake in BlackRockGBO CorrespondentAugust 17, 2020 GBO CorrespondentAugust 17, 2020 The investment will make the Singaporean bank among the top five largest...
Top StoriesStandard Chartered to launch virtual bank in SingaporeGBO CorrespondentAugust 17, 2020 GBO CorrespondentAugust 17, 2020 The launch will boost Standard Chartered’s digital strategy in Singapore...
Top StoriesADIB records first quarter loss of Dh 587.6 millionGBO CorrespondentAugust 14, 2020 GBO CorrespondentAugust 14, 2020 The bank recorded a net revenue of DH 2.56 billion in the...
Top StoriesIndonesia’s Bank Mandiri to provide capital assistance to entrepreneursGBO CorrespondentAugust 13, 2020 GBO CorrespondentAugust 13, 2020 The Indonesian government has announced a stimulus package worth $8.35 billion for...
Top StoriesAccess Bank takes over Namibian firm Cavmont CapitalGBO CorrespondentAugust 7, 2020 GBO CorrespondentAugust 7, 2020 As a part of the agreement, Capricorn will inject $300 million into...
Top StoriesUnassignedHSBC reports unexpected first quarter profit amid Covid-19 pandemicGBO CorrespondentAugust 3, 2020 GBO CorrespondentAugust 3, 2020 On a net basis, the bank reported a second-quarter profit of $192...
Top StoriesStandard Bank share price surges unexpectedly amid Covid-19 outbreakGBO CorrespondentJuly 30, 2020 GBO CorrespondentJuly 30, 2020 It is expected that many smaller banks in South Africa could face...
Top StoriesAfrican Development Bank commits Covid-19 support for multiple nationsGBO CorrespondentJuly 27, 2020 GBO CorrespondentJuly 27, 2020 In its latest development, the bank has granted loans worth $97.675 million...