“But are they the only game in town? At the Bank of England we’re continuing to prepare for a retail CBDC, because to be frank we are not yet seeing enough evidence that innovation will happen in the commercial banking system.”.
Also speaking at the event, Head, Retail Products & Sales, Prince Ayewoh, who congratulated the winners, emphasised UBA’s commitment to financial inclusion and encouraged Nigerians to seize this opportunity by banking with UBA.
On Monday, PunjabNationalBank (PNB) reported a standalone net profit of ₹4,303.5 crore in the quarter ended September 2024, recording a substantial growth of 145% from ₹1,756 crore in the year-ago quarter.
LuluGroup is one of the largest retailers in the UAE and GCC region, employing over 50,000 workers ... Retail investors can approach a stock broker in the UAE and retailer’s receiving banks for subscriptions.
ZenithBank Plc has emerged as ‘Bank of the Year’ and ‘Retail Bank of the Year’ at the Businessday Banks and Other Financial Institutions’ (BAFI) Awards 2024 ... The Bank’s commitment to excellence saw it ...
Retail investors can subscribe by approaching UAE stockbrokers and banks participating in the syndicate. Nearly 20 banks have been designated as receiving banks for the subscription.To subscribe, ...
LuLu Retail sets IPO share price range at Dh1.94 to Dh2.04 ... • The second portion of shares in Lulu Retail is for institutional investors (legal entities like banks, funds, insurers or any large institution).
The financial sector has done well in the last couple of years — with high interest rates, the fixed-income side has been the winner, says NadirRahman, CEO of Faysal Asset ManagementLimited, a subsidiary of Faysal Bank Limited.
In the main, the bank will utilise the fresh capital to extend business to its wholesale and retail business segments as well as further enhance its automation and digital banking offerings as well as its African expansion plans.
Speaking on the achievement, the Executive Director of Retail, Pearl Nkrumah, expressed gratitude to the bank’s customers for their continued loyalty and trust ... “As a bank, we believe in pushing the boundaries of excellence in all we do.
Edwin Bautista, UnionBank Chief Executive Officer, meanwhile, cited the positive impact of the bank's growing retail customer base. “Our new-to-bank credit card customers per month are averaging 2.5x higher than last year.