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Now that Donald Trump has been elected for his second and final term as president, some people are thinking about leaving the country during his imperial reign. Most people who [...]

BANKING AND CREDIT NEWS-December 6, 2024-MUFG, DWS Group Launch Private Financing Strategic Venture (C)2024 M2 COMMUNICATIONS http://www.m2.co.uk Japan-based financial services firm Mitsubishi UFJ Financial Group and asset management firm DWS [...]

BANKING AND CREDIT NEWS-October 17, 2024--Kazakhstan simplifies conditions for foreign banks (C)2024 M2 COMMUNICATIONS http://www.m2.co.uk Global Banking News - 17 October 2024 The government of Kazakhstan has simplified conditions for [...]

Dubai, UAE, Sept. 02, 2024 (GLOBE NEWSWIRE) -- https://www.globenewswire.com/Tracker?data=ciLY5s1qqA9UqTbFDTThghgO8mpAjXD1V_RU7BlXb3p_Pye98lzYKXRWEtHU9Njf, one of the fastest-growing fintech companies, specializing in privacy-centric offshore banking solutions, today announced it has raised $2 million in a [...]

Total assets of the Vietnamese credit institution system by the end of June 2024 reached more than 21.07 quadrillion VND, an increase of 4.97% compared to the end of 2023, [...]

Total assets of the Vietnamese credit institution system by the end of June 2024 reached more than VN21.07 quadrillion, an increase of 4.97 per cent compared to the end of [...]

Cathay United Bank (CUB) has been reaping record profits. In response to the growing Vietnamese market, CUB Ho Chi Minh City Branch (CUB HCMC) is doubling its recruiting efforts to [...]

International banks are demonstrating growing interest in Vietnam, committing substantial investments and loans to support the countrys development and economic growth. Jin Liqun, president and chair of the Asian Infrastructure [...]

Airwallex, an Australia-founded financial platform, announced that it has become the first major payments company to be granted an Australian Financial Services License (AFSL) by the Australian Securities and Investment [...]

Airwallex, an Australian-founded financial platform, has been granted an Australian Financial Services License by the Australian Securities and Investment Commission (ASIC) to offer businesses access to retail investment products. This [...]

ACEN Corp., the listed energy platform of the Ayala Group, continued to receive strong backing from foreign banks after it raised $150 million more to finance its aggressive expansion in [...]

BANKING AND CREDIT NEWS-September 13, 2024--Former central bank head says Libya still cut off from foreign banks (C)2024 M2 COMMUNICATIONS http://www.m2.co.uk Global Banking News - 13 September 2024 The ousted [...]

BANKING AND CREDIT NEWS-August 13, 2024--State Bank of India to sell Yes Bank stake (C)2024 M2 COMMUNICATIONS http://www.m2.co.uk Global Banking News - 13 August 2024 Indian commercial bank, State Bank [...]

BANKING AND CREDIT NEWS-July 11, 2024--Head of offshore banking leaves Lombard Odier (C)2024 M2 COMMUNICATIONS http://www.m2.co.uk Global Banking News - 11 July 2024 The head of offshore banking for England [...]

BANKING AND CREDIT NEWS-July 1, 2024-Shanghai's Foreign Currency Exchange Service Points Achieve Full Coverage in City (C)2024 M2 COMMUNICATIONS http://www.m2.co.uk Shanghai's foreign currency exchange service points have achieved full coverage [...]

On June 21, the State Securities Commission (SSC) issued a licence to change the name of RHB Securities Vietnam Co., Ltd. to Public Bank Securities Vietnam Company Limited (PBSV). On [...]

HSBC has levelled up its strategic partnership with Gene Solutions, a biotechnology company based in Vietnam, through a social loan which allows the firm to continue expanding its healthcare services [...]

Afreximbank said it has disbursed 40 million dollars Intra-African Investment Facility to Fidelity Bank Nigeria Plc to support Fidelity Banks acquisition and recapitalisation of Union Bank United Kingdom. A statement [...]

Shinhan Financial Group Co. is upping the ante in the Vietnamese financial market to further widen the gap with rivals as the countrys leading foreign bank by grouping its core [...]

African Export-Import Bank has announced the disbursement of a $40 million Intra-African Investment Facility to Fidelity Bank Plc, to support Nigerian lenders acquisition and recapitalisation of Union Bank UK as [...]

The African Export-Import Bank has announced the disbursement of a US$40-million Intra-African Investment Facility to Fidelity Bank Nigeria Plc ('Fidelity') to facilitate its acquisition and recapitalization of Union Bank UK. [...]

Sovereign gold bonds have caught the fancy of investors who bought Rs 27,031 crore worth of the bonds last fiscal, an amount more than four times invested in 2022-23 on [...]

DBS Bank Ltd, Singapores largest lender, saw a sharp spike in bad loans in India in 2013-14 after rapid growth in the past few years. DBS Banks net non-performing assets [...]

The Bank for International Settlements (BIS) put Irans total deposits with foreign banks and financial institutions at more than $13 billion. - Economy news - The BIS said Irans financial [...]

London-based OakNorth Bank has marketed its risk analysis and portfolio modeling software to some of the biggest banks in the U.S. Consequently, it has a deeper, more insightful view of [...]

Russia has tackled the issue of billions of rupees accumulated in Indian banks through investments in Indian stocks and infrastructure schemes and taken steps to ensure the flow of crude [...]

The Mohammed bin Rashid Center for Leadership Development (MBRCLD) hosted a discussion as part of a series of workshops it is organising for participants in the Dubai Economic Leadership Program, [...]

JSW Steel, a leading player in the steel industry, has successfully secured a substantial loan of $900 million from eight prominent foreign banks. This financial boost underscores JSW Steel's strategic [...]

Credit institutions have proposed to raise the cap of small loans not requiring feasible capital use plans and related person information from VND100 million to VND400 million ($15,710). The proposal [...]

The State Bank of Vietnam (SBV) has issued Decision No. 538/QD-NHNN approving the group of credit institutions and foreign bank branches which play an important role in the country's banking [...]

(GlobeNewswire) - On March 26, 2024, Linklogis Inc. (09959.HK, Linklogis), a leading supply chain finance technology solution provider in China, released its 2023 annual results. In 2023, the total revenue [...]

(PRWeb) - Global law firm Greenberg Traurig, LLP continues to expand its Financial Regulatory & Compliance Practice with the addition of Rinaldo Martinez as of counsel in the firm's Washington, [...]

Maldives Islamic Bank was established 13 years ago with the most fundamental services provided by a bank. Having started with bank account opening services and some of the most ordinary [...]

Non-cash payment transactions increased by 63.3% in volume and 41.45% in value in January, compared to the same period last year, the State Bank of Vietnam (SBV) has announced. According [...]

The State Bank of Vietnam has issued a directive urging credit institutions to accelerate credit growth from the early months of 2024, a pivotal step toward propelling economic growth. Accordingly, [...]

In another historic win for financial inclusion, the first conventional bank granted an Islamic banking license had opened a branch in Cotabato City last Jan. 22. This is CARD Bank, [...]

More groups are looking at establishing Islamic banks in the Philippines as the first branch of the new banking classification is expected to open soon, according to the Bangko Sentral [...]

Expatriates reemitted USD 1.36 billion or approximately Tk 150 billion through legal channels in the first 19 days of this year, according to the latest data of Bangladesh Bank. Data [...]

(GlobeNewswire) - Medici Bank will be presenting at the upcoming Sequire Investor Summit scheduled for January 23-25, 2024, at Condado Vanderbilt Hotel in San Juan, Puerto Rico; the highly anticipated [...]

BANKING AND CREDIT NEWS-June 14, 2024--HSBC takes over Citi's Chinese wealth operations (C)2024 M2 COMMUNICATIONS http://www.m2.co.uk Global Banking News - 14 June 2024 UK-based banking firm HSBC Holdings (LSE: HSBA) [...]

BANKING AND CREDIT NEWS-June 13, 2024--US widens Russia sanctions (C)2024 M2 COMMUNICATIONS http://www.m2.co.uk Global Banking News - 13 June 2024 The US has widened its sanctions against Russia, The BBC [...]

Byline: Journal Record Staff Porter Hedges has announced the election of Joyce Soliman as co-managing partner external affairs. She succeeds Rob Reedy, who has served in that role since July [...]

State Bank of India (SBI), HDFC Bank, and ICICI Bank continue to be identified as domestic systemically important banks (D-SIBs), the Reserve Bank of India (RBI) said on Thursday. While [...]