All articles by Verdict Staff
Verdict Staff
Slovenia eyes gradual sale of most state banks
Slovenia is planning a gradually sale of most of its state banks that were rescued by the government in 2013, Reuters has reported.
First Islamic bank in Russia may debut this year
Russias first bank, which will run according to Islamic principles of finance, is expected to make its debut by this year.
Sumitomo acquires TPGs stake in Indonesian lender BTPN
Japan’s Sumitomo Corporation has acquired a 17.5% stake in Indonesias Bank Tabungan Pensiunan Nasional (BTPN) from American private equity firm TPG Capital for IDR5.93 trillion ($461.8m).
Tieto supports Raiffeisen Bank to introduce contactless Visa cards
Tieto has assisted Bosnia and Herzegovina-based lender Raiffeisen Bank to provide contactless payment services for Visa cards via its Card Suite solution.
Operating income dips at Credit Agricoles French retail banking arm in Q4
Credit Agricole’s French retail banking arm registered operating income of EUR1.21bn in the fourth quarter of 2014, down 18.76% as against 1.49bn in the year ago quarter.
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RBS, NatWest introduce fingerprint technology for mobile banking
RBS and NatWest have launched a new service that allows customers to login to their mobile banking app using their finger print.
Hypo Real Estate launches sale of Deutsche Pfandbriefbank
Germanys state-owned lender Hypo Real Estate has launched the sale of its German subsidiary Deutsche Pfandbriefbank (PBB).
Lenlyn plans sale of Raphaels Bank
Family-owned Lenlyn Holdings is bracing up for sale of Raphaels Bank, a British bank which Lenlyn acquired in 2004.
Caixabank makes $1.14bn takeover bid for Portugal’s Banco BPI
Spain’s Caixabank has made a bid of EUR1bn ($1.14bn) for full control of Portugal’s Banco BPI, in which it currently owns a 44.1% stake.
Cyberattacks cost banks $1b since 2013, says Kaspersky Lab
A wave of cyberattacks has cost banks across the globe up to $1bn since 2013, according a report by Russian computer security firm Kaspersky Lab.