Lloyds Bank announces £2.4 billion provision fund to tackle bad loans
The bank has reported a pre-tax loss worth £676 million in the...
Banks
Blockchain is disruptive
The banks are using blockchain to improve trade finance, strengthen KYC and...
OBIE launches online app store for open banking-related products
OBIE is a body established by the Competition and Markets Authority (CMA) to...
DBSA in talks with lenders to bridge gap in debt capital markets
The disturbances in debt capital markets is slowing down the bank's efforts...
Barclays rolls out loan scheme for large businesses in the face of Covid-19
The bank will offer up to £50 mn for businesses with a turnover...
South Africa plans to launch funding for lending scheme
The National Treasury is exploring all possibilities to launch the scheme to...
Islamic Development Bank launches $2 bn coronavirus response package
The package will help member states to cope with the impact of...
Dubai Islamic Bank approves increase in foreign ownership limit
The bank's shareholders have approved foreign ownership limit of shares to 40...
Kuwait’s new draft law to set up Shariah board for banking supervision
All 36 MPs have voted unanimously in favour of the draft law...
RBS head considering eliminating thousands of jobs at Natwest
The bank currently has 65,000 staff across the globe, out of which...