All articles by Verdict Staff
Verdict Staff
Kenya’s National Bank deploys Sharia-compliant banking system
Kenya-based National Bank, in collaboration with Islamic banking software group Path Solutions, has implemented a new Islamic core banking system for its Islamic unit named National Amanah.
ANZ to expand branch network in India
The Australia and New Zealand Banking Group (ANZ) is planning to expand its branch network in India by opening two more branches by early 2016.
Dutch government to sell off stake in ABN Amro
The Dutch government is planning to sell off ABN Amro in phases through an initial public offering, which is likely to be launched in the fourth quarter of 2015.
ICBC completes acquisition of 75.5% stake in Turkey’s Tekstilbank
Industrial & Commercial Bank of China (ICBC) has completed the acquisition of a 75.5% stake in Turkey-based Tekstilbank from GSD Holding.
Scotiabank considers bid for Citigroup Central America units – report
Bank of Nova Scotia (Scotiabank) is reportedly considering a bid for Citigroups consumer-banking units in Costa Rica and Panama.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
RBS to shut down eight branches across Scotland
The Royal Bank of Scotland (RBS) is set to shut down eight branches across Scotland, with a number of Highland areas set to lose the service.
Transfast launches mobile payments service to Pakistan
Transfast, a provider of cross-border payments solutions, has partnered with nine banks in Pakistan and launched its mobile and online funds transfer service to the country.
HSBC considering sale of Brazilian unit
British banking giant HSBC has confirmed that it is mulling various strategic options including a potential sale for its Brazil operation.
RBC named Best Global Retail Bank
At the 30th annual RBI Awards dinner, Royal Bank of Canada retained the Best Global Retail Bank award for the second year in a row, the first bank in the history of the awards to do so.
Al Ahli Bank to acquire 98.5% stake in Piraeus Bank Egypt
Al Ahli Bank of Kuwait K.S.C.P. (ABK) has reached an agreement to acquire 98.5% stake in Piraeus Bank Egypt S.A.E. (PBE), the Egyptian unit of Greece-based Piraeus Bank, for $150m.