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Deutsche Bank to open first representative office in Bangladesh

Back Published on 6 September 2022 109 Views Print Deutsche Bank to open first representative office in Bangladesh 5 min read Deutsche Bank announced the expansion of its global network with the launch of its…

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How banks can prepare to adopt crypto- The Asian Banker

How banks can prepare to adopt crypto- The Asian Banker

The worlds of crypto assets and traditional finance are becoming ever more integrated. Despite the recent volatility in the crypto market caused by issues with centralised finance (CeFi) platforms, the ecosystem has remained intact. Institutional…

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Nedbank’s retail gross revenue grew by 6.4%, to $1.29 billion in 2021- The Asian Banker

Nedbank’s retail gross revenue grew by 6.4%, to $1.29 billion in 2021- The Asian Banker

Nedbank’s retail banking business posted growth in 2021, on the back of transformation through digital ecosystems and branch infrastructure. Nedbank’s retail gross revenue increased by 6.4% Outperformed South Africa’s top five retail banks on…

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CIMB Group achieves 1H22 profit before tax of $951 million

Back Published on 31 August 2022 409 Views Print CIMB Group achieves 1H22 profit before tax of $951 million 5 min read 1H22 operating income grew 2.7% YoY to MYR 9.62 billion ($951 million), with…

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Gavin Kelly appointed as Bank of Ireland interim CEO

Back Published on 1 September 2022 206 Views Print Gavin Kelly appointed as Bank of Ireland interim CEO 5 min read Bank of Ireland has confirmed the appointment of Gavin Kelly as interim group CEO…

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Republic Bank Ghana appoints Ray Klien as chief operating officer

Back Published on 1 September 2022 189 Views Print Republic Bank Ghana appoints Ray Klien as chief operating officer 5 min read Republic Bank Ghana, a subsidiary of Republic Financial Holdings Limited (RFHL), Trinidad and…

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Egypt’s mobile wallet penetration to reach 50% in 2025

Egypt’s mobile wallet penetration to reach 50% in 2025

The Egyptian government introduced several initiatives such as developing its information and communication technology (ICT) infrastructure, fostering digital inclusion, embracing innovation, safeguarding cybersecurity, and promoting Egypt’s position as a regional pioneer. Egypt, the highest gross…

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90% of BIS surveyed central banks started on CBDC- The Asian Banker

90% of BIS surveyed central banks started on CBDC- The Asian Banker

According to a survey conducted by BIS, the share of central banks actively engaged in some form of CBDC work grew to 90%, with many showing enthusiasm for retail CBDCs. Globalisation, digital finance, and the…

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Validus and Citi establish $100 million facility to drive SME financing

Back Published on 31 August 2022 315 Views Print Validus and Citi establish $100 million facility to drive SME financing 5 min read Fintech Validus and Citibank have established a $100 million securitisation facility, collateralized…

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Henan bank crisis exposed weaknesses in China’s financial security- The Asian Banker

Henan bank crisis exposed weaknesses in China’s financial security- The Asian Banker

The crisis at Henan rural banks has involved more than 400 thousand depositors across China, causing a loss of at least RMB 40 billion ($5.99 billion). The fraud involves more than 400 thousand depositors and…

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