Tag: Banking

Cyprus investment funds have surpassed the €9 billion milestone, reflecting a significant growth in the sector. This surge highlights increased ...

Cambodia’s central bank has joined the Regional Payment Connectivity initiative, aimed at enhancing cross-border transactions in Southeast Asia. This move ...

In February, money transfers from Kyrgyzstan to Russia plummeted by 57%, according to the AKIpress News Agency. This significant decline ...

Indian lenders have proposed that the Reserve Bank of India transition to an overnight liquidity management system and establish a ...

Lebanon's appointment of a new central bank governor raises concerns of continuity rather than change. Critics question whether the new ...

In March, Kazakhstan's central bank sold $748 million in foreign currency from its national fund, a strategic move aimed at ...

American Express and Singapore Airlines have unveiled enhanced benefits for their business card targeting SMEs. The collaboration introduces exclusive travel ...

Malaysia's central bank urges the nation to prioritize economic reforms amid escalating trade risks. Addressing potential vulnerabilities, officials emphasize the ...

The U.S. has imposed sanctions on Yemen's Kuwait Bank, citing its alleged involvement in facilitating financial transactions for terrorist organizations. ...

The U.S. is reportedly considering its influence on the appointment of Lebanon's next central bank chief amid ongoing financial turmoil. ...

Hong Kong has expanded its lead over Singapore as Asia’s premier financial hub, according to a recent report by the ...

The Asian Development Bank (ADB) has appointed Ko Sakamoto as the new Country Director for Tajikistan. Sakamoto brings extensive experience ...

The International Monetary Fund has released a technical note assessing the Astana International Financial Center and Kazakhstan's broader financial system. ...

Finovate Global Uzbekistan is set to showcase the burgeoning fintech landscape in Central Asia. The event will highlight innovative solutions ...

Chinese Ambassador to Brunei Darussalam, Xiao Jianguo, recently met with the Vice Chairman and Chief Executive of Bank of China ...

In a landmark development for the finance sector, Dushanbe unveiled the first AI-powered credit bureau, a significant step towards modernizing ...

Alpha Bank Cyprus has announced its agreement to acquire AstroBank for €205 million, a strategic move aimed at expanding its ...

South Korea plans to tighten household borrowing regulations in the second half of the year, aiming to mitigate rising debt ...

Japan Post is reportedly planning to raise $4 billion through a sale of shares in Japan Post Bank. Sources indicate ...

The Asian Development Bank has announced the appointment of a new Country Director for Bhutan, aimed at strengthening collaboration and ...