All articles by Verdict Staff
Verdict Staff
Woori Bank receives regulatory approval to acquire 33% stake in Bank Saudara
Bank Indonesia, the country’s central bank, has approved South Korea-based Woori Banks bid to purchase 33% stake in Bank Saudara.
Sohar Islamic launches Sharia-compliant home finance programme
Sohar Islamic, the Islamic banking arm of Oman-based Bank Sohar, has launched a home finance programme that is compliant with Sharia law and other regulations.
Bank of Maharashtra plans to focus on MSME, retail sectors: Reports
India-based Bank of Maharashtra is, reportedly, planning to switch its focus from large-scale industries to micro, medium and small enterprises (MSME) and retail segments.
Bank Muscats Islamic banking arm to open new branch in Buraimi
Meethaq, the Islamic banking arm of Bank Muscat, is to open a new branch in Buraimi, Oman on 06 January 2014, as part of its plan to expand the branch network across all regions in the country.
Regions Bank launches new online appointment setting tool
Alabama-based Regions Bank has launched a new appointment setting tool that allows users to take an online appointment to speak to a banking personnel either in-person or on phone.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
Prudential Financial, BSN buy 100% stake in Uni.Asia Life Assurance
Prudential Financial and Malaysia-based Bank Simpanan Nasional (BSN) have purchased Uni.Asia Life Assurance (UAL) Berhads issued and paid-up ordinary share capital from Uni.Asia Capital for MYR518m ($157m).
Bank Alfalah, Warid Telecom partner to launch new mobile financial service in Pakistan
Pakistan-based Bank Alfalah has partnered with Warid Telecom to launch new mobile financial service (MFS), Mobile Paisa, in the country.
Barclays reduces overdraft fees on current accounts
Barclays Bank has reduced its overdraft fees to £8 per day, down from £40 each day earlier, which is expected to help customers save £7m a year in fees.
HSBC Bank Malta slashes subscription fee on personal internet banking
HSBC Bank Malta has slashed the annual subscription fee on its personal internet banking, allowing customers to avail the service free of cost.
First State Bank agrees to buy Advantage Bank branch in Ohio
Texas-based First State Bank has signed an agreement to buy Advantage Banks branch, located in downtown Washington Court House, Ohio.