United Fintech Acquires Trade Ledger to Boost AI Innovation in Banking
United Fintech, the brokertech and banktech holding company led by Christian Frahm, has announced its acquisition of Trade Ledger, a …
Banking
Banking: Insights, updates, and expert guidance on financial systems, banking services, regulations, and industry trends.
Exim Bank Narrows Quarterly Loss by 41% but Faces Ongoing Cash Strain
Export Import (Exim) Bank of Bangladesh PLC has reported a 41% reduction in its quarterly losses, narrowing the deficit to …
Bangladesh Bank Dissolves Boards of Five Struggling Shariah-Compliant Banks
Bangladesh Bank has announced a major restructuring initiative involving the consolidation of five financially distressed Shariah-compliant banks into a single, …
Burgan Bank Türkiye Secures €25m EBRD Loan to Boost Green Projects
The European Bank for Reconstruction and Development (EBRD) has extended a €25 million green financing loan to Burgan Bank Türkiye, …
Ex-IFIC Bank MD Fined Tk 5 Crore for Fraudulent Bond Practices
In a significant move, the Bangladesh Securities and Exchange Commission (BSEC) has imposed a Tk 5 crore fine on Shah …
Bangladesh to Merge Five Islamic Banks: What’s at Stake?
A major restructuring move in Bangladesh’s banking sector is underway with the approval of the interim government to merge five …
Prime Bank Partners with Rangs to Offer Exclusive Mitsubishi Vehicle Discounts
Prime Bank customers in Bangladesh will now benefit from exclusive discounts on Mitsubishi vehicles, thanks to a new partnership with …
Indian Authorities Freeze Assets in Anil Ambani Investigation
India’s top financial crimes agency has announced the freezing of assets worth over $846 million from companies linked to embattled …
IMF and World Bank Urge Creation of Unified Debt Management Office in Bangladesh
A joint mission by the International Monetary Fund (IMF) and World Bank has recommended the establishment of a unified Debt …
ZA Bank Champions IADS to Support HKMA’s Fintech 2030 Vision
ZA Bank is advancing the adoption of Interbank Account Data Sharing (IADS) as part of its strategy to support the …