Egypt’s CIB to raise E£15 bn to fuel expansion
The proposal is subject to approval from the general assembly meeting, which...
Banking
HSBC mulling over withdrawing its operations in Turkey
The banking giant’s likely departure in Turkey, where it has its presence...
In Indonesia, debit card spending may surpass credit card spend in 2019
Digital payments may leap from Rp639.9 trillion to Rp821.2 trillion between 2019...
Fintech startup Currencycloud raises $80 mn led by Visa
Currencycloud, a financial technology startup based in the United Kingdom, markets payment...
Negotiations for acquiring Bank-Audi Egypt are on, says First Abu Dhabi Bank
First Abu Dhabi Bank said that the discussions are in accordance with...
ADIB funds $80 million Sharia-adhering facility to Oman Shipping Company
OSC will invest the funds from this Ijara facility in purchasing very...
Maybank, Public Bank and RHB slash lending and deposit rates
Bank Negara Malaysia declared that the OPR would be lowered from 3...
Singapore’s Tonik gets nod to open digital bank in Philippines
With a $140 billion retail deposit market, digital banks in Philippines have...
Barclays to slash 100 senior jobs in corporate and investment business
Barclays decision to slash jobs and save costs will mainly affect its...
KfW Bank to back 10,000 African SMEs with $33 mn credit facility
The German bank will support the African Guarantee Fund aimed at improving...