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Banking & Finance

The aim is to improve the customers’ corporate banking experience. (Image source: utah778/Adobe Stock)

Libya’s Assaray Trade and Investment Bank (ATIB) has selected Switzerland-headquartered Temenos Infinity and Temenos Transact to power digital transformation

Many African banks are upgrading FLEXCUBE solution for beter customer experience. (Image source: tippapatt/Adobe Stock)

Several of Africa’s innovative digital-first banks are turning to Oracle Financial Services’ FLEXCUBE Universal Banking platform to transform their processes and deliver a centralised experience for customers

Standard Chartered CEO Sanjay Rughani with Minister of Finance and Planning Hon. Phillip Mpango. (Image credit: Standard Chartered Bank)

The Government of Tanzania Ministry of Finance has signed a facility agreement with Standard Chartered Tanzania for a US$1.46 billion term loan financing to fund the construction of the Standard Gauge Railway (SGR) project from Dar es Salaam to Makutupora

To expedite the LDR, new digital banks and progressive lending institutions in emerging economies are looking at using technology to expedite the process. (Image source: Pexels/Pixabay)

The Central Bank of Nigeria (CBN) has increased the minimum loan-to-deposit ratio (LDR) of commercial banks from 60 per cent to 65 per cent in the latter part of 2019, which, according to Bloomberg, was aimed at forcing banks to boost credit, mainly to farmers, small-and-medium-size businesses and consumers

Absa Group moved its banking platform from Barclays Plcs data centre in the UK to South Africa in April 2019.

Absa, the leading pan-African financial services group, has appointed Cheryl Buss as CEO of Absa International which includes managing Absa Securities United Kingdom

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