News - Page 26

There are many opportunities for banks across various business lines and customer segments, including commercial lending, wealth management, small business services, and international expansion. Banks can significantly simplify and expedite commercial loan

Preferred Bank recently announced a dividend of $0.7 per share, payable on January 22, 2024, with an ex-dividend date set for January 5, 2024. Preferred Bank is a commercial bank located in

The Reserve Bank of India (RBI) has revised its definition of Politically-Exposed Persons (PEPs) under its Know Your Customer (KYC) norms. The previous definition of PEPs was open-ended and lacked clarity, which

Revolut Business has been named the winner of the Business Banking Innovation category at the 2023 UK Finder Banking Innovation Awards. The awards recognize financial providers that have delivered standout benefits to

The Reserve Bank of India (RBI) has expanded the eligibility criteria for issuers of commercial papers (CPs), a move that is expected to increase the number of issuers and supply of short-term

The National Bank of Egypt (NBE) and Banque Misr will offer new savings certificates with returns of 23.5% and 27% through their branches starting from Monday. The certificates are issued in denominations

Ooredoo, in collaboration with the Commercial Bank, has introduced a direct debit solution through the CBQ Mobile App. This partnership aims to provide customers with an automated payment system for their Ooredoo

TLDR: Torm, a Danish product tanker owner, plans to sell a five-year senior unsecured bond to finance its acquisition of eight LR2 tankers. The net proceeds from the bond sale will be

Key Points: Ecobank Ghana has appointed Abena Osei-Poku as the new managing director and regional executive for the Anglophone West Africa region. Osei-Poku has over 25 years of experience in the financial

Key Points: HDFC Bank’s gross advances increased by 62.4% to Rs 24.69 trillion in the October-December quarter of the current fiscal year. The bank’s deposits grew by 27.7% year-on-year to Rs 22.14