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Natixis, a France-based company engaged in banking, financial and investment services, has adopted the Equator Principles, a financial industry standard for managing social and environmental risk in project financing.
Banking Services > Commercial Banking > News
Natixis adopts Equator Principles
Banking Services > Commercial Banking > News
First Data has signed an agreement with Gospodarczy Bank Wielkopolski to provide card issuing and processing services for its MasterCard PayPass Fan Card in collaboration with the KKS Lech Poznan in Poland.
Banking Services > Payments > News
First Data to provide card issuing, processing services for Gospodarczy Bank
Banking Services > Payments > News
CITIC Bank International (CBI), a wholly-owned subsidiary of CITIC International Financial Holdings, has opened a new branch in Singapore.
Banking Services > Retail Banking > News
CITIC Bank opens new branch in Singapore
Banking Services > Retail Banking > News
The European Bank for Reconstruction and Development (EBRD) is supporting the availability of financing and non-banking services to private businesses in the Kyrgyz Republic with a $3m equivalent loan to Mol Bulak Finance for on-lending to micro and small enterprises (MSEs).
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EBRD lends $3m loan to Mol Bulak Finance to support private enterprises
News
The Bank of East Asia (BEA) has said that its wholly-owned subsidiary, The Bank of East Asia (China), has opened a branch in Zhengzhou, Henan Province and a 'crosslocation' sub-branch in Zhaoqing, Guangdong Province.
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BEA China opens new branches in Zhengzhou, Zhaoqing
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Rakbank, a UAE based retail bank, has opened a new branch in Dragon Mart Shopping Center, Dubai.
Banking Services > Commercial Banking > News
Rakbank opens new branch in Dubai
Banking Services > Commercial Banking > News
The Saudi British Bank (SABB) has launched a new Shariah compliant program SABB Advance, which provides customers with privileged services within the Kingdom of Saudi Arabia and abroad.
Banking Services > Retail Banking > News
Saudi British Bank launches new Shariah compliant program
Banking Services > Retail Banking > News
Renaissance Credit has sold its Ukrainian operations to SCM Group, a decision taken as part of Renaissance Credit's strategy to concentrate on the expansion of its consumer lending business in Russia.
Banking Services > Retail Banking > News
Renaissance Credit sells Ukrainian operations
Banking Services > Retail Banking > News
Bombay Stock Exchange launches Shariah compliant index
Bombay Stock Exchange (BSE) has launched a Shariah compliant index along with Taqwaa Advisory and Shariah Investment Solutions (TASIS), in an attempt to open stock-trading to more Muslims.
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EzRemit, part of BFC Group Holdings, a provider of money transfer services, has signed a strategic agreement with Indian private bank Axis Bank.
Banking Services > Payments > News
EzRemit partners Indian Axis bank for money transfer services
Banking Services > Payments > News
Ithmaar Bank, an Islamic retail and commercial bank, and Ahli United Bank (AUB), a Bahrain-based commercial banking institution, have signed a $167m five-year secured Morabaha facility.
Banking Services > Commercial Banking > News
Ithmaar Bank, Ahli United Bank sign $167m Morabaha deal
Banking Services > Commercial Banking > News
Saudi Hollandi Capital, the investment division of Saudi Hollandi Bank, has launched five new investment funds to investors in the Saudi market, bringing the total number of investment funds to 22, including 10 Islamic Sharia-compliant funds.
Wealth & Assets Management > Asset Management > News
Saudi Hollandi Capital launches new global investment funds
Wealth & Assets Management > Asset Management > News
Abu Dhabi Islamic Bank (ADIB) has expanded it branch network by opening a new branch in the Emirate of Sharjah.
Banking Services > Retail Banking > News
Abu Dhabi Islamic Bank opens new branch in Sharjah
Banking Services > Retail Banking > News
Qatar Islamic Bank (QIB), an Islamic institution in Qatar, has opened a new branch in Doha.
Banking Services > Retail Banking > News
Qatar Islamic Bank opens new branch in Doha
Banking Services > Retail Banking > News
Santander to acquire GE Capital's Mexican mortgage business
Grupo Financiero Santander Mexico, part of Santander group, has entered into an agreement with GE Capital to acquire GE's consumer mortgage business in Mexico, encompassing all of its operations, including its $2bn consumer mortgage portfolio.
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BBR White Paper Recommendations
Revenue Leakage has been a universal phenomenon, gnawing up the profit margins of transaction-based industries, especially across their business support systems. Though the Banking industry people are particularly quick in acknowledging the glaring prevalence of revenue leakage, they are not able to pinpoint its source or quantity, or chart methodologies to ensure Revenue Assurance.... Banking Services > Commercial Banking > White Papers Customer Profitability Vs. Customer Satisfaction: Keep Guessing or Model your Pricing Strategies By Suntec
Most financial institutions do not have a clear understanding of what or who drives their profitability. They make assumptions or guesswork, and most of the time, try and fix their profitability metrics into the 80/20 rule or something similar — the majority of profits (80%) come from a minority (20%) of customers, products or business segments. Is profitability as simple as this? While there is no denying the 80/20 rule, how does an organization find this 20%? ... Banking Services > Commercial Banking > White Papers Banks - Reward Your Customers Incrementally, Based on Their Profitability By Suntec
Financial Institutions (FI) are on the verge of a strategic make-over. The market conditions imply an increased need to generate revenues and customer profitability, to ensure sustainability and future business success. In order to achieve these objectives, the FIs need to devise strategies that leverage customer relationships in a way that has never been done before. ... Banking Services > Commercial Banking > White Papers Achieving Measurable Gains by Automating Claims Processing By Kofax
Moving to a fully automated process is a goal for claims processing of nearly all insurance executives. Companies are at various levels of automation and often do not have an appropriate strategy to achieve higher levels of automation. This white paper identifies seven levels of claims automation and provides a roadmap that can be followed to enhance claims processing. This straightforward approach can be used to increase the likelihood of successful automation. Download this free white paper from Kofax to find out more.... White Papers Customer Centricity: The Key to Success in Retail Banking By Kofax
The economic slowdown has forced many banks to redirect their focus to retail banking and reinvent themselves as customer-centric organizations. But many institutions still use legacy infrastructures and processes that hinder necessary readjustments, in particular with regard to information exchange and customer communication. This white paper explains how these difficulties can be overcome, and how banks and financial institutions can reengineer core IT and business processes to support their business objectives. Download this free white paper from Kofax to find out more.... White Papers See more
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