Banking and Finance Top StoriesCBN’s borrowings records 98% Y-o-Y slump last NovemberGBO CorrespondentFebruary 15, 2021March 17, 2021 GBO CorrespondentFebruary 15, 2021March 17, 2021 The CBN recorded a 75.6 percent slump to ₦90 million in earnings...
Top StoriesThailand’s KBank plans to establish new branch in VietnamGBO CorrespondentFebruary 10, 2021February 10, 2021 GBO CorrespondentFebruary 10, 2021February 10, 2021 The bank is catering to Thailand’s wholesale clients investing in Vietnam...
Top StoriesNigeria imposes strict regulation on Cryptocurrency for banks, financial institutionsGBO CorrespondentFebruary 8, 2021 GBO CorrespondentFebruary 8, 2021 Any entity failing to adhere to rules and regulation will face serious...
Top StoriesAccess Bank plans to expand in 12 new African economiesGBO CorrespondentJanuary 22, 2021 GBO CorrespondentJanuary 22, 2021 The banking major has expressed its expansion interest towards economies such as...
Top StoriesBank of France aims to reduce its exposure to oilGBO CorrespondentJanuary 20, 2021 GBO CorrespondentJanuary 20, 2021 The bank is also planning to remain as an activist shareholder in...
Top StoriesEmirates NBD to launch NFC-based digital identity verification solutionGBO CorrespondentJanuary 11, 2021 GBO CorrespondentJanuary 11, 2021 The new banking NFC -based solution is known as the TruID solution...
Top StoriesSilicon Valley Bank plans to take over Boston Financial for $900 mnGBO CorrespondentJanuary 5, 2021 GBO CorrespondentJanuary 5, 2021 The move marks a significant push by the bank into the wealth...
Top StoriesKuwait’s Burgan Bank floats tier 2 bonds in the international debt marketGBO CorrespondentDecember 10, 2020 GBO CorrespondentDecember 10, 2020 The bond’s tenor is eleven years and can be redeemed after six...
Top StoriesNigeria rolls out special bills to boost financial marketGBO CorrespondentDecember 3, 2020 GBO CorrespondentDecember 3, 2020 The instrument is not applicable for repurchase agreement transactions related to the...
Top StoriesCBUAE to establishes new office to bolster fintech innovationGBO CorrespondentNovember 26, 2020 GBO CorrespondentNovember 26, 2020 The Middle Eastern fintech sector has witnessed substantial growth in recent years...