All articles by Verdict Staff
Verdict Staff
RBS and NatWest launch bank on wheels
UKs NatWest and RBS have gone mobile with the launch of bank on wheels, a strategy to make banking more convenient and accessible for its customers.
Eastern Bank creates innovation laboratory to build new banking technologies
Eastern Bank has collaborated with former members of PerkStreet Financial to form a new laboratory that will use the bank’s data to create new innovations for its use and on sale to other financial organisations.
Indias ICICI and Axis Bank expect rise in loan demand post elections
India’s private-sector lenders, ICICI Bank and Axis Bank, expect a rise in demand for loans following completion of the general election in May 2014.
Standard Chartered plans to boost presence in UAE retail banking sector
Standard Chartered is planning to strengthen its footprint in the UAE retail banking sector, as part of its business expansion strategy in the region.
Norway’s DNB divests Russian banking business
Norway-based DNB Bank has reached an agreement to divest its JSC Commercial Bank DNB Bank including all of its operations in Russia to Asokerco Trading, for an undisclosed sum.
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Lloyds to stop charging monthly overdraft management fee on Islamic accounts
Lloyds Bank has reportedly decided to stop charging monthly overdraft management fee on Islamic accounts, as part of its strategy to attract more customers.
Banner agrees to purchase Idaho Banking Company
Washington-chartered commercial lender Banner Bank has signed an agreement with Idaho Bancorp to purchase all of the stock and equity interests in Idaho Banking Company, as part of its expansion strategy.
Park Sterling Bank unveils improved mobile banking app
Park Sterling Bank has rolled out the newest version of its mobile banking app, which enhances the customer experience on mobiles or tablet devices.
Demand for mortgage loans in US declines
Demand for home loans in the US plunged during the first quarter of 2014 as homeowners pulled back from mortgages due to increase in mortgage lending rates.
Banks to lose customers as positive customer experiences decline: Report
Retail banks are on the verge of losing customers and profitability due to decline in the positive customer experiences for the first time in three years, a study by Capgemini has revealed.