Banks (Finance)
The Johannesburg Stock Exchange has granted a listing to The Standard Bank of South Africa Limited's Senior Unsecured Mixed Rate Notes due 31 January 2040. The notes have a total value of ZAR118,751,247,461.59 and were issued under the bank's Structured Note Programme.
Banks (Finance)
Moody's Investors Service has taken a bold step in upgrading the local and foreign-currency long-term deposit ratings of five Pakistani banks: Allied Bank Limited (ABL), Habib Bank Ltd. (HBL), MCB Bank Limited (MCB), National Bank of Pakistan (NBP), and United Bank Ltd. (UBL). The ratings were upgraded to
Banks (Finance)
The Federal High Court in Abuja has ordered the temporary freezing of four Jaiz Bank accounts linked to the former Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari, over allegations of fraud and money laundering. The Economic and Financial Crimes Commission (EFCC) had petitioned the
Banks (Finance)
A Federal High Court in Abuja has ordered the temporary freezing of four Jaiz Bank accounts linked to former Group Managing Director (GMD) of the Nigerian National Petroleum Company (NNPC) Limited, Mele Kolo Kyari, as part of an ongoing fraud investigation. The Economic and Financial Crimes Commission (EFCC) had sought
Banks (Finance)
IndiGo and IDFC FIRST Bank have collaborated to launch a co-branded credit card that offers customers wider acceptance and flexibility, including the ability to make UPI payments through RuPay. The IndiGo IDFC FIRST Credit Card is designed for frequent travelers, providing accelerated rewards on IndiGo bookings and milestone spending. Cardholders
Banks (Finance)
The Bank of Maharashtra (BoM) has partnered with SBI Card to introduce a new co-branded credit card, targeting discerning customers with premium and highly-rewarding shopping experiences. The joint venture aims to cater to diverse lifestyle needs, providing benefits such as accelerated reward points, fuel surcharge waivers, and exclusive discounts on
Banks (Finance)
A convicted terrorist from Bradford, Muhammed Saeed Ahmed, has been accused of hiding cryptocurrency and bank accounts from police while under a notification regime. Ahmed, 33, pleaded guilty in 2013 to possessing terrorist material and was handed a suspended sentence of 22 months. However, between 2019 and 2021, he allegedly
Banks (Finance)
Muhammed Saeed Ahmed, a 33-year-old man, pleaded guilty to possessing terrorist material in 2013 and was sentenced to 22 months, suspended. As part of his sentence, he was required to notify authorities of any changes to his personal or financial details. However, between 2019 and 2021, Ahmed allegedly breached this
Banks (Finance)
Navatar, a leading platform for private markets, has launched its next-generation, fully AI-powered CRM purpose-built for M&A advisory firms. This innovative platform combines intelligence, automation, and usability to solve one of the biggest challenges firms face when trying to put AI to work: data. The new CRM automatically
Banks (Finance)
Moody's Ratings has upgraded the deposit ratings of five major Pakistani banks, reflecting improvements in the country's external position and operating environment. The upgrades are attributed to the country's enhanced government capacity to support banks, as well as the institutions' resilient financial performance.
Banks (Finance)
The Standard Bank of South Africa Limited has announced the listing of its SBRN75 Equity Index Linked Notes on the Johannesburg Stock Exchange (JSE) under its structured note program. This latest issuance is part of a broader strategy outlined in the program memorandum dated December 20, 2024. The notes, due
Banks (Finance)
Navatar, the leading platform for private markets, has announced the launch of its next-generation, fully AI-powered CRM purpose-built for M&A advisory firms. The new platform combines intelligence, automation, and usability to solve one of the biggest challenges firms face when trying to put AI to work: data. By
