Top StoriesLloyds Bank announces £2.4 billion provision fund to tackle bad loansGBO CorrespondentJuly 31, 2020 GBO CorrespondentJuly 31, 2020 The bank has reported a pre-tax loss worth £676 million in the...
Featured MAGAZINEBlockchain is disruptiveGBO CorrespondentJuly 2, 2020 GBO CorrespondentJuly 2, 2020 The banks are using blockchain to improve trade finance, strengthen KYC and...
Top StoriesOBIE launches online app store for open banking-related productsGBO CorrespondentJune 12, 2020 GBO CorrespondentJune 12, 2020 OBIE is a body established by the Competition and Markets Authority (CMA) to...
Top StoriesDBSA in talks with lenders to bridge gap in debt capital marketsGBO CorrespondentMay 29, 2020 GBO CorrespondentMay 29, 2020 The disturbances in debt capital markets is slowing down the bank's efforts...
Finance Top StoriesBarclays rolls out loan scheme for large businesses in the face of Covid-19GBO CorrespondentApril 22, 2020 GBO CorrespondentApril 22, 2020 The bank will offer up to £50 mn for businesses with a turnover...
Top StoriesSouth Africa plans to launch funding for lending schemeGBO CorrespondentApril 9, 2020 GBO CorrespondentApril 9, 2020 The National Treasury is exploring all possibilities to launch the scheme to...
Top StoriesIslamic Development Bank launches $2 bn coronavirus response packageGBO CorrespondentMarch 26, 2020 GBO CorrespondentMarch 26, 2020 The package will help member states to cope with the impact of...
Top StoriesDubai Islamic Bank approves increase in foreign ownership limitGBO CorrespondentMarch 16, 2020 GBO CorrespondentMarch 16, 2020 The bank's shareholders have approved foreign ownership limit of shares to 40...
Top StoriesKuwait’s new draft law to set up Shariah board for banking supervisionGBO CorrespondentFebruary 21, 2020 GBO CorrespondentFebruary 21, 2020 All 36 MPs have voted unanimously in favour of the draft law...
Finance Top StoriesRBS head considering eliminating thousands of jobs at NatwestGBO CorrespondentJanuary 28, 2020 GBO CorrespondentJanuary 28, 2020 The bank currently has 65,000 staff across the globe, out of which...