Africa’s Export Trading Group signs $400-million agreement with Afreximbank
The funds will cater to the needs of African agricultural exporters...
Banking
Koscom acquires 92.66 percent stake in HSBC Fund Services Korea
The latest deal marks the company’s first acquisition activity since its inception...
Major Chinese banks incur Q1 losses amid Covid-19 pandemic
Banks recorded a 9.4 percent dip in their Q1 net profit...
Bank of East Asia’s interim profits surge amid Covid-19 pandemic
The bank’s profit surged by 53 % to HK$1.53 bn in Q1...
Egypt’s Beltone to launch out non-banking financial services
The bank’s second quarter profit slumped by 52 percent from 25.2 million...
Temasek acquires$4.8 billion worth stake in BlackRock
The investment will make the Singaporean bank among the top five largest...
Standard Chartered to launch virtual bank in Singapore
The launch will boost Standard Chartered’s digital strategy in Singapore...
ADIB records first quarter loss of Dh 587.6 million
The bank recorded a net revenue of DH 2.56 billion in the...
Indonesia’s Bank Mandiri to provide capital assistance to entrepreneurs
The Indonesian government has announced a stimulus package worth $8.35 billion for...
Access Bank takes over Namibian firm Cavmont Capital
As a part of the agreement, Capricorn will inject $300 million into...