Category :Banking

Banking Featured News Regional

UAE’s Top 10 Listed Banks’ Aggregate Net Income Grew by 54.1% in 2023

Global Business Magazine February 29, 2024

Riding on higher interest rates, the aggregate net income of the UAE’s 10 largest listed banks grew by 54.1% y-o-y to $20.94 billion 2023, Dubai-based Read More

Banking Featured News Regional

Saudi and the UAE Banks to Continue Their Growth in 2024

Global Business Magazine February 26, 2024

Supported by robust credit demand in non-oil sectors and economic diversification pogrammes, the Saudi banking system is poised well for continued growth Read More

Banking Featured Merger and Acquisitions News World

Decks Cleared for ANZ to Acquire Suncorp Bank in Australia

Global Business Magazine February 21, 2024

In a first of its kind ruling, the Australian Competition Tribunal on Tuesday overturned an Australian Competition Consumer Commission (ACCC) ruling in Read More

Banking Featured Finance News World

HBCE Completes Sale of Its French Retail Banking Business to My Money Group

Global Business Magazine January 3, 2024

HSBC Continental Europe (HBCE) has completed the sale of its retail banking business in France to CCF, a subsidiary of My Money Read More

Technology Banking Featured News

Adyen to Act as Klarna’s Acquiring Bank

Global Business Magazine December 11, 2023

Adyen, the global financial technology platform for many of the world's leading companies, has announced that it was strengthening its global partnership Read More

Banking Business Featured Regional

IFC Partners with Al Baraka Bank Egypt to Support SMEs in Egypt

Global Business Magazine December 6, 2023

In order to help catalyse economic activity and job creation in the country, the International Finance Corporation (IFC), one of the members Read More

Finance Banking Featured News Regional Technology

Capital Investments Launches Jordan’s First Fully-digital Onboarding for Investments with Codebase Technologies’ Digibanc Platform

Global Business Magazine November 21, 2023

Amman, Jordan (November, 2023) - Capital Investments, the dedicated investment arm of Capital Bank of Jordan, has launched its digital onboarding services. These Read More

Banking Featured Health News Regional

Egypt Secures $500 Million Loan from Three Banks to Support Education and Healthcare

Global Business Magazine November 15, 2023

Egypt’s Finance Ministry has secured a $500 million syndicated loan from Deutsche Bank, Bahrain’s Arab Banking Corporation (Bank ABC) and Kuwait’Read More

Banking Featured Mergers and Acquisitions News Regional

Al Salam Bank Plans to Acquire Kuwait Finance House-Bahrain

Global Business Magazine November 14, 2023

Bahrain-based Al Salam Bank evincing interest in acquiring the entire shares of Kuwait Finance House, the second largest Islamic bank in the Read More

Banking Business Featured News World

Deutsche Bank Supports Taiwan’s Hai Long Wind Farm

Global Business Magazine November 8, 2023

Taiwan’s efforts to realise its zero carbon emissions by 2050 received a boost with the Deutsche Bank’s announcement that it has Read More