All articles by Verdict Staff
Verdict Staff
AmIslamic Bank eyes 8-9% loan growth by 2015: Report
AmIslamic Bank, the Islamic banking arm of Malaysia-based AmBank Group, is, reportedly, eyeing to increase its loan growth by 8-9% for the financial year ending 31 March 2015, according to the banks managing director and CEO Datuk Mahdi Murad.
Mutual Trust Bank unveils new mobile financial services in Bangladesh
Bangladesh-based Mutual Trust Bank (MTB) has unveiled its new mobile financial services, Bangla Cash, in Dhaka.
Beacon payments begin Luxembourg roll out
Digicash, the Luxembourg bank backed payments program, has begun trialing Beacon based payments in some of the countrys retailers.
OpenEye installs digital displays at 700 Santander branches in US
OpenEye, a US-based digital media consultancy, has completed the installation of 1,500 digital displays at over 700 branches of Santander in the US, including 150 in New Jersey.
NCR eyes expansion in Hong Kongs retail banking market: Report
US-based NCR is, reportedly, seeking to expand and grow in Hong Kongs retail banking market as banks are increasingly deploying advanced video-enabled systems and upgrading their ATM networks.
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Westpacs home loan, credit card business grows in Australia
Australia-based bank Westpac has reported growth in its home loans and credit cards business, following initiatives taken to give more priority to customer deposits and loan growth.
New age technologies to drive customer loyalty: IBM study
The evolving retail banking landscape in India must focus on deploying new age technologies to innovate, grow, connect and sustain customers, according to a new study titled Understanding the Indian Retail Banking Customer commissioned by IBM.
Retail banks should adapt new customer service strategies: Temenos survey
Retail banks should implement new digital strategies to improve customer service, else will lose the business to non-financial competitors, according to the Future Factors report, a retail banking survey conducted by The Economist Intelligence Unit (EIU) for Temenos.
Italys UniCredit plans to cut 8,500 jobs
Italy-based bank UniCredit is planning to cut 8,500 jobs, after posting a loss of 15bn in the fourth quarter of 2013, driven by revised macroeconomic assumptions, tougher regulatory framework, huge writedowns on bad loans and past acquisitions.
Sterling Bank to attract 10% of Nigerias unbanked populace: Report
Nigeria-based Sterling Bank is, reportedly, looking to attract 10% of the 35 million unbanked population in the country into the financial system.