Latest News for: Banking retail

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Moody's places IndusInd bank credit assessment on review for downgrade

Beijing News 18 Mar 2025
Concerns over internal control discrepancies in derivative accounts and retail loan stress of IndusInd bank has prompted rating agency Moody's to place the bank's baseline credit assessment under review for downgrade.
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Spain's Santander eyes US expansion through Verizon partnership, source says

RTE 18 Mar 2025
The bank formally launched its US digital bank in October, offering ... Santander is one of the few European banks with a retail presence in the US market following the exit of rivals BBVA and BNP Paribas.
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Techcombank named best digital bank in Việt Nam for three years in a row

Vietnam News 18 Mar 2025
In 2024, Techcombank moved its front-end digital banking platform for retail and corporate customers to the cloud, further enhancing its scalability and stability.
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Bank of Korea to give 100,000 users access to CBDC in real-world pilot

Cryptoslate 18 Mar 2025
The pilot aligns with broader global efforts spearheaded by institutions like the Bank for International Settlements (BIS), projecting widespread adoption of CBDCs in both retail and wholesale capacities by 2030.
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Australian bank CEOs say Trump 'tariff madness' may drive up global inflation

Hong Kong Standard 18 Mar 2025
1 retail lender Commonwealth Bank of Australia and No ... rates last month for the first time since November 2020 to 4.1%, Comyn's head of retail banking Angus Sullivan told the conference earlier.
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SMIC waits for better timing for data center venture

Manila Bulletin 18 Mar 2025
He added that, “Our strong ecosystem—spanning retail, banking, and property—enables us to navigate challenges while delivering long-term value.” ... Beyond retail, CLSA underscored SMIC’s synergies across ...
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ECB Prepping the Ground for Digital Euro Launch

Bitcoin Magazine 18 Mar 2025
The European Central Bank (ECB) is laying the groundwork for the probable launch of its wholesale and retail central bank digital currency (CBDC), the Digital Euro ... Wholesale & retail ... European Central Bank ... Not Just Retail—Wholesale Too.
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Dhanlaxmi Bank eyes double-digit growth from next fiscal: MD&CEO

Business Line 18 Mar 2025
The Thrissur-based Dhanlaxmi Bank has charted out a road map for the next three years to increase its business from the current ₹27,000 crore to ₹45,000 crore ... Dhanlaxmi Bank Q3 profit surges ...
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Moody's places IndusInd Bank's credit assessment on review for downgrade

The Times of India 18 Mar 2025
Moody's has placed IndusInd Bank's baseline credit assessment under review ...
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Moody's places IndusInd Bank on ratings watch for downgrade amid derivatives accounting issues

The Economic Times 18 Mar 2025
Moody's has placed IndusInd Bank's baseline credit assessment under review ...
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Alpha Bank Cyprus details future strategy at Limassol event

CyprusMail 18 Mar 2025
The event brought together the leadership of the Alpha Bank Group, the board of directors of Alpha Bank Cyprus, and senior executives from the wholesale, retail, wealth, and international banking divisions ... CEO of Alpha Bank Cyprus Miltos Michaelas.
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Access Bank champions digital innovation at Africa Bank 4.0 Summit – West Africa

B & FT Online 18 Mar 2025
The Group Head of Retail Banking at Access Bank (Ghana) PLC, Matilda Asante-Asiedu, has called for a stronger commitment to digital transformation and fintech collaboration in West Africa’s banking sector.
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Bank of Korea To Launch Hangang CBDC Experiment in April

CoinGape 18 Mar 2025
The partnering banks will issue deposit tokens for use at various retail outlets, including local supermarkets, online shopping platforms, and convenience stores. Bank of Korea Launches CBDC Program.
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Al Baraka Islamic Bank celebrates winners of $500,000 Grand Prize for March

The Daily Tribune - Bahrain 18 Mar 2025
Mazin Dhaif, Chief Retail Officer at Al Baraka Islamic Bank, commented, “This year’s alBarakat Prizes, presented under the theme ‘Door of Al Barakat’ exemplifies our strategy ...
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News24 | Old Mutual posts solid profit boost, as newly-licenced bank embarks on 'beta launch'

News24 18 Mar 2025
The Prudential Authority (PA) granted Old Mutual approval for a deposit taking retail banking licence on 14 March, putting it on course for a full national roll out of OM Bank by the fourth quarter of 2025 ... .

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