All articles by Verdict Staff
Verdict Staff
Emirates Islamic unveils new child savings account
UAE-based bank Emirates Islamic has rolled out its new Child Savings Account, a free saving product especially designed for kids, as part of the banks on-going strategy to encourage savings culture in the country.
My Community Bank selects Mambu as core banking platform
UKs online-only credit union My Community Bank has chosen Mambu as its core banking platform, to enable new business growth.
Myanmar may allow foreign banks to offer limited services from 2014: Reports
The Myanmar government may grant permission to foreign banks to allow them to offer limited financial services in the country from 2014.
FNB receives regulatory approval to merge with BCSB Bancorp
FNB and BCSB Bancorp have received all required regulatory clearances for the proposed merger of both firms, which will boost their business footprint in the Baltimore metropolitan statistical area (MSA).
TD Bank reports rise in Q4 net income to C$1.62bn
Canada-based TD Bank has registered an increase in reported net income of C$1.62bn for the fourth quarter ended 31 October 2013, compared to C$1.59bn during the comparable period last fiscal.
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SBI plans to develop automated system to cut zero balance account cost: Reports
State Bank of India (SBI) is, reportedly, planning to develop an automated system that will enable the public sector lender to reduce the operational costs associated with no frills or zero balance savings accounts.
Optimising the online user experience
The recent news that switching banks in the UK will now take only seven days is great news for those wanting to change banks with less fuss. We have already seen an increase in the number of people, small charities and businesses changing their banks or building society, writes Jim McCall
Sources reveal that Chiles Corp Banca is reaching sale agreement
Bidding competition for a controlling stake of Chile’s Corp Banca has started, and a deal may be closed as early as this week, according to reports.
Russia’s Nomos agrees to acquire 24.17% stake in Otkritie Bank
Russia-based Otkritie Financial has agreed to purchase 24.17% stake in Otkritie Bank for RUB7.915bn ($239m), after winning the State Corporation Deposit Insurance Agencys (DIA) auction in late September 2013.
Lloyds Banking Group launches Talking ATMs in UK
Lloyds Banking Group in the UK has launched Talking ATMs across Lloyds Bank, Halifax and Bank of Scotland, as part of its plan to enable blind and partially sighted customers to withdraw cash and check balances.