All articles by Verdict Staff

Verdict Staff

Ulster Bank’s miscalculation forces mortgage holders to pay higher bills

Irish lender Ulster Bank’s error on miscalculation of the tax relief may force thousands of its customers to pay higher mortgage repayments bill.

Kazkom, Kenes Rakishev complete acquisition of BTA Bank

Kazakhstan-based lender JSC Kazkommertsbank (KKB) and Kazakh businessman Kenes Rakishev has wrapped up the acquisition of JSC BTA Bank (BTA) shares from Samruk Kazyna National Wealth Fund, with an aim to create a mega bank.

Bank of Blue Valley selects nCino’s bank operating system

Bank of Blue Valley, a Kansas-based community bank, has chosen nCino’s Bank Operating System to boost its business development cycle and offer a deeper level of transparency to loan production.

Barclays Bank of Botswana to install NCR’s intelligent cash deposit ATMs

Barclays Bank of Botswana has teamed up with Bytes Managed Solutions, the exclusive distributor of NCR technology solutions in Southern Africa, for the installation of intelligent cash deposit ATMs.

Butterfield Bank agrees to acquire part of HSBC’s Cayman business

Butterfield Bank has signed an agreement to acquire certain parts of HSBC’s corporate and retail banking operations in the Cayman Islands.

GNB Financial Services agrees to purchase FNBM Financial

GNB Financial Services, (GNB), bank holding company of The Gratz Bank, and FNBM Financial Corporation (FNBM), bank holding company of The First National Bank of Minersville (FNB Minersville), have entered into an agreement and plan of merger.

ICICI Bank Canada rolls out mobile banking services

ICICI Bank Canada has rolled out its mobile banking services as part of its strategy to provide customers a secure and convenient way to bank on the go.

GIB unveils trial phase of retail banking services in Saudi Arabia

Gulf International Bank BSC (GIB) has rolled out its trial phase for retail banking services under the Meem brand name for Saudi customers.

UK poised to open 30 new banks amid eased regulations

The UK has simplified its financial regulations and accelerated approvals process with an aim to allow setting up of more than 30 new banks in the country.

HSBC to shut down 19 additional branches

HSBC has reportedly confirmed that it will close 19 more branches in the UK by the middle of September this year.