All articles by Vidhya Edwards Munnangi
Vidhya Edwards Munnangi
Poland’s Bank Pekao and insurer PZU sign MOU on potential merger
The merger aims to simplify the group’s ownership, streamline the bancassurance model and consolidate operations under one listed entity.
Seacoast enters $710.8m deal to buy Villages Bancorporation
VBI’s operations include 19 branches, with deposits totalling $3.5bn and loans around $1.3bn as of 31 March 2025.
UK government concludes exit from NatWest Group
The final disposal was carried out through a trading plan on 30 May 2025, returning the bank fully to private hands.
NTT Docomo enters $2.9bn deal to buy SBI Sumishin Net Bank
The bank will become a consolidated subsidiary of DOCOMO through the transaction.
EU cautions Spain over review of BBVA’s €11bn Sabadell bid
The warning follows Spain’s decision to subject the bid to a 30-day cabinet review.
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UAE and Azerbaijan foster financial ties
The MoU facilitates information sharing on supervisory and regulatory practices in banking and financial infrastructure systems.
Indonesia to cut secondary reserve requirement for banks to 4%
This policy adjustment is set to free up Rp78.45tn ($4.84bn) in additional liquidity for the banking sector.
Gulf Bank approves study on merger with Warba Bank
The study follows a proposal from Warba Bank to consider the viability of combining the two entities into a single Islamic bank.
Bank of Sydney selects Infosys Finacle to upgrade IT landscape
Infosys Finacle will provide the bank with a suite of solutions hosted on AWS cloud in a SaaS model.
Dutch state reduces stake in ABN AMRO to around 30%
Following this, NLFI’s rights within the relationship agreement will be altered, although the agreement itself will continue to be in effect.