Bank of France aims to reduce its exposure to oil
The bank is also planning to remain as an activist shareholder in...
Banking
Emirates NBD to launch NFC-based digital identity verification solution
The new banking NFC -based solution is known as the TruID solution...
Silicon Valley Bank plans to take over Boston Financial for $900 mn
The move marks a significant push by the bank into the wealth...
Kuwait’s Burgan Bank floats tier 2 bonds in the international debt market
The bond’s tenor is eleven years and can be redeemed after six...
Nigeria rolls out special bills to boost financial market
The instrument is not applicable for repurchase agreement transactions related to the...
CBUAE to establishes new office to bolster fintech innovation
The Middle Eastern fintech sector has witnessed substantial growth in recent years...
African banks suffer due to a surge in bad loans provision
KCB’s net profit slumped 43 percent to $109 million in the first...
UAE central bank’s total assets surge 2 percent in Q3
Resident deposits surged by 6.4 percent annually and the non-resident deposits slumped...
Edinburgh’s Modulr receives £9 million funding from PayPal
The company has developed capabilities to settle and hold funds at the...
Brazil to roll out new payment system to eliminate bureaucracy
The new system is likely to replace the large swath of payment...