When banks’ profitability is challenged, their capacity to lend is affected. Questions remain about the financial health of banks, which … More
Tag: Banking
Pandemic draws more Latin American poor into banking system
BOGOTA, Colombia (AP) : Sonia Fierro has lived her entire adult life selling children’s books on the streets of Colombia’s … More
MIDF-Al Rajhi merger talks collapse on Shariah rules discord
Failed merger talks add to number of unsuccessful proposals involving other financial institutions in the country THE merger negotiation between … More
Al Rajhi ends merger talk with MIDF
Al Rajhi Bank is terminating the merger negotiations between its wholly-owned subsidiary, Al Rajhi Banking and Investment Corp (M) Bhd … More
Global banks defy U.S. crackdowns by serving oligarchs, criminals and terrorists
The FinCEN Files show trillions in tainted dollars flow freely through major banks, swamping a broken enforcement system. Secret U.S. … More
Nine banks in Malaysia, led by Public Bank and Ambank, linked to 23 suspicious transactions
KUALA LUMPUR : A total of 23 transactions that flowed to or from banks in Malaysia between 2010 and 2016 … More
South Korean Kookmin Completes Takeover of Historic Indonesian Bank
Jakarta. KB Kookmin Bank has closed a private placement deal for majority shares in Bank Bukopin, an Indonesian listed midsize lender, … More
Islamic bank in Mauritius loses licence over 1MDB link
PETALING JAYA: Mauritius’ first Islamic bank was reported to have had its license revoked by the country’s central bank after … More
Investing in the future after COVID-19
COVID-19 is causing terrible human and economic damage. People are dying every minute and the global economy is operating well … More
Malaysia : What the 6-month moratorium controversy is all about
The controversy over the six-month moratorium that has become the talk of the town of late is all about how Bank Negara Malaysia is caught between the Finance Minister Tengku Zafrul Tengku Aziz on the one side, and the banking industry on the other
