All articles by Verdict Staff

Verdict Staff

Ethiopia’s Awash International Bank deploys Misys FusionBanking Essence

Ethiopia’s Awash International Bank (AIB) has implemented Misys FusionBanking Essence for transforming its core and branch banking processes.

Carlyle Group invests $147m in Nigeria’s Diamond Bank

Carlyle Group has invested $147m in Nigeria’s Diamond Bank with an aim to expand footprint in the country.

Deutsche Bank to ramp up retail operations in India

Deutsche Bank is set to renew focus on its retail business in India by increasing loans to buy homes and for small and medium enterprises (SMEs) to capitalize on the present economic growth in the country.

Ulster Bank to shut another 14 branches in Ireland

Ulster Bank is set to shed another 14 branches in the Republic of Ireland next March, risking 37 jobs.

Yorkshire and Clydesdale banks set to go public

National Australia Bank (NAB) is set for a £2bn-plus floatation of its British operations in 2015 as it prepares to exit the UK banking market after suffering heavy losses.

ICBC (Asia) opens Shatin Personal Banking Centre

ICBC (Asia) has opened the new Shatin Personal Banking Centre at Shatin Lucky Plaza, Shatin, New Territories, Hong Kong.

Yes Bank expands international presence with launch of Abu Dhabi branch

Yes Bank, an Indian private sector bank, has commenced its international expansion by opening its first representative office in Abu Dhabi.

Bank of Baroda to open 400 new branches across India

Bank of Baroda is set to increase its footprint across India by opening 400 new branches by next fiscal year.

First Bank to acquire six BofA branches in Shenandoah Valley and central Virginia

First Bank is set to acquire Bank of America’s (BofA) branches in six locations in the Shenandoah Valley and central Virginia regions.

Kotak Mahindra Bank to buy ING Vysya for $2.4bn

Kotak Mahindra Bank is set to acquire ING Vysya Bank in an all stock amalgamation valued at $2.4bn, resulting in the creation of the fourth largest private sector bank in India.