All articles by Verdict Staff

Verdict Staff

Jibun Bank deploys VASCO’s DIGIPASS

Jibun Bank has implemented VASCO Data Security International’s DIGIPASS for Apps and VACMAN Controller to facilitate secure online and mobile transactions.

ICICI Bank launches fully automated locker facility

Indian private sector lender ICICI Bank has launched a fully automated locker facility known as Smart Vault.

ANZ cash profit up 4% even as bad debt charges climb

The Australia and New Zealand Banking Group (ANZ) has increased its unaudited cash profit by 4% to A$5.4bn for the nine months ended 30 June 2015, but faces higher bad debt charges.

First Financial Bank acquires Oak Street Holdings

First Financial Bank, a subsidiary of First Financial Bancorp, has completed its acquisition of Oak Street Holdings, a lender based in Indianapolis, Indiana.

BB&T to buy National Penn Bancshares for $1.8bn

BB&T has signed an agreement to acquire National Penn Bancshares in a cash and stock transaction worth about $1.8bn.

Citi, MasterCard ink 10-year agreement to extend relationship in Middle East

Citi has signed a 10-year agreement with MasterCard to expand their relationship in the Middle East region.

Government Savings Bank of Thailand unveils new mobile app

The Government Savings Bank of Thailand has introduced a new mobile banking service, which will allow their customers to access personal banking and financial management tools through their smartphones.

DongA Bank seeks permission to sell 49% stake to foreign investors

Vietnam’s DongA Bank is seeking the government’s permission to sell 49% of its stake to foreign investors, in a bid to raise funds for restructuring.

Vietnam’s central bank approves Sacombank, Phuong Nam Bank merger

The State Bank of Vietnam has approved merger between Sacombank, a large partly private lender, with the smaller Phuong Nam Bank (Southernbank), the Thanh Nien newspaper reported.

BNC Bancorp to buy Southcoast Financial for $95.5m

BNC Bancorp, the holding company for Bank of North Carolina, has agreed to buy all of the common stock of Southcoast Financial, the holding company for Southcoast Community Bank, for $95.5m.