Read the latest news from regional and global sources, presenting different voices and perspectives.
Banking giants plot takeovers to ramp up market share
Business Matters
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June 18, 2025
Leading the charge is specialist lender Shawbrook, backed by private equity firm Pollen Street Capital, which is reportedly circling high street player Metro Bank in a potential deal that would mark a significant shift in the challenger banking...
DreamFolks revolutionizes Banking Card Benefits with Exclusive 'Members-Only' Club Access and Innovative 'Coffee at Malls' Service
Equity Bulls
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Dreamfolks Services Limited, India's leading travel and lifestyle experience company, is redefining banking card privileges with the launch of two standout offerings - exclusive access to a network of 3,000+ members-only social clubs worldwide,...
Vista Bank taps SBS to modernise Core Banking, expand microfinance in Africa
IBS Intelligence
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By Vriti Gothi Today Africa Core Banking Digital Payments Vista Bank has strengthened its business development by selecting SBS as its partner for banking software. SBS, a global FinTech, announced in April that it would extend its SBP Core...
Your bank locker may be sealed! Haven’t signed the updated locker rent agreement? Here’s what banks may do
The Times of India
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The revised locker agreement now includes provisions allowing customers to seek legal remedies if banks fail to safeguard their locker contents. (AI image) Have you signed the updated locker agreement with your bank? If not, you are at the risk of...
CBN Affirms Banking Sector Strength, Issues Transitional Guidance To Banks On Post-Forbearance
Arise News
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June 18, 2025
In a move aimed at calming market jitters and ensuring smooth transition from regulatory forbearance, the Central Bank of Nigeria (CBN) on Tuesday affirmed strength of the Nigerian bank sector revealing that it issued routine transitional guidance...
CBN Bars Dividends, Bonuses For Select Banks To Boost Capital Buffers
Daily Independent
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June 18, 2025
1 In a decisive move to fortify Nigeria’s banking system, the Central Bank of Nigeria (CBN) has imposed temporary restrictions on the payment of dividends and bonuses by a small number of banks. The move, aimed at accelerating capital...
CBN: Banking sector remains strong despite directive to pause dividend payment
The Cable
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June 18, 2025
The Central Bank of Nigeria (CBN) says there is no cause for concern over the directive to banks under regulatory forbearance to stop paying dividends to shareholders and bonuses to directors and senior management. CBN gave the directive on June...
CBN Implements Post-COVID Guidance To Strengthen Banks
Point Blank News
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June 18, 2025
124 By Daniel Adaji The Central Bank of Nigeria (CBN) has introduced new transitional measures for a select group of banks still winding down from temporary regulatory support granted during the COVID-19 pandemic. These measures, which include...
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Oil crisis 2.0? Central banks brace for Middle East fallout
Nikkei Asia
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William Pesek is an award-winning Tokyo-based journalist and author of "Japanization: What the World Can Learn from Japan's Lost Decades." This week, as central bankers overseeing 40% of global economic growth plot interest rate strategies, they...
AI-Ready Banking: How Collaborative Intelligence Platforms Will Definethe Future
ETBFSI.com
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June 18, 2025
The AI Imperative vs. The Digital Reality Banks have long heralded AI as the next frontier for personalized services, fraud detection, and operational efficiency. Yet, a recent McKinsey report estimates that while AI could generate up to $1...
BDAN recommits to banking sector advocacy
Punch
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June 18, 2025
The Bank Directors Association of Nigeria has restated its commitment to advocating for the banking sector to ensure its stability. This commitment was expressed at its 28th Annual General Meeting held virtually on Tuesday. During the AGM, it was...
61% of Adults with Learning Disabilities Say Banks Don’t Meet Their Needs, Warns Project Nemo
The Fintech Times
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June 18, 2025
Project Nemo, the not-for-profit initiative driving to improve disability inclusion in the fintech and financial services industries, has revealed that adults with a learning disability are being let down by banks, which are failing to meet their...
CBN Dividend Freeze Triggers Market Panic, Threatens Banks’ Recapitalisation Plans
The Herald
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June 18, 2025
The Central Bank of Nigeria’s sweeping directive suspending dividend payments by commercial banks has triggered market-wide anxiety, causing sharp sell-offs and dampening investor confidence across the Nigerian Exchange. The policy—issued on June...
UK banks set for more consolidation - JPMorgan
Mortgage Professional Australia
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June 18, 2025
A new wave of consolidation is on the horizon for the UK banking sector, with major players poised to pursue acquisitions to enhance scale and improve efficiency. Analysts at JPMorgan Chase & Co. predict that larger UK banks will increasingly look...
CBN issues traditional guidance to Nigerian banks as recapitalization deadline nears
Daily Post
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June 18, 2025
The Central Bank of Nigeria has issued routine transitional guidance for selected Nigerian banks as its 2026 recapitalization deadline approaches. The apex bank made this known in a statement on Tuesday by its acting Director of Corporate...
Be wary of holiday scams as summer picks up, banks warn public
The Irish Times
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Consumers are being warned to be on “high alert” for a seasonal rise in scams linked to last-minute travel deals. FraudSmart, the fraud awareness initiative developed by Banking & Payments Federation Ireland (BPFI) – the industry group for the...
Central Banks Load Up On Gold In Uncertain Times – WGC Study
Wealth Briefing
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As a bank talks about "de-dollarisation" and the role of gold, industry figures show that central bank appetite for the precious metal has risen, and gives pointers for what the sector expects. Central banks have accumulated more than 1,000 tonnes...
Why central banks are buying more gold than ever
Gulf News
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Dubai: Central banks around the world are on a gold buying spree — and it’s not slowing down anytime soon. For the third year in a row, global central banks have added over 1,000 tonnes of gold to their reserves, far above the average 400 to 500...
Supervisory Data Quality Index of banks improves in March: RBI
The Hindu Business Line
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June 18, 2025
Supervisory Data Quality Index of commercial banks has improved to 89.3 in March 2025 compared to 88.6 in the year-ago period, the Reserve Bank said on Wednesday. The RBI has created a Supervisory Data Quality Index (sDQI) that measures data...
Interest Rates Fall For Savers, Top Banks Cut Returns Post RBI Move
Free Press Journal
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June 18, 2025
Top Indian banks like SBI, HDFC, and ICICI have slashed their savings account interest rates. | Mumbai: In June 2025, the Reserve Bank of India (RBI) lowered the repo rate by 50 basis points. In response, many leading banks reduced the interest...