Turkey and UAE Central banks sign currency swap agreement of $5 bn
The deal plans to promote bilateral trade and financial cooperation...
Banking
Visa announces the acquisition of Currencycloud
Currencycloud is a global platform that enables banks and fintech to provide...
Rural Banking needs to be about more than just agri & livestock lending
The microfinance sector has become a key player in battling the lack...
Nigerian digital bank Brass raises $1.7 mn funding to expand into Kenya and South Africa
The funding round was attended by Ventures Platform, Acuity Ventures, Hustle Funds...
How can blockchain disrupt banking?
Even though blockchain is still in its development phase, it possesses the...
JP Morgan to launch its highly-anticipated digital bank Chase in the UK
The firm plans to expand its presence in Europe and LatAm...
Standard Chartered to drive sustainable finance and capital markets in Saudi Arabia
Standard Chartered started offering banking services through its branch in Saudi Arabia...
UAE’s major lenders announce $4 bn profit during H1: Moody’s
Moody’s reported that four major bank’s combined net profit increased from last...
Top 10 UAE banks report positive growth during Q2 2021
Return of equity (RoE) reached the highest level of 10.9% for the...
Qatar’s top banks report a net profit of $3.2 bn during H1 2021
The net profit surge is due to a rise in interest and...