Last Virtual Bank Open in Hong Kong

Fusion Bank has announced the full public launch of its banking services in Hong Kong, making…

First Abu Dhabi Bank (FAB) Opens in Indonesia

FAB Indonesia will serve as a bridge to facilitate trade and investment flows between the UAE,…

Investcorp to Expand its Private-Credit and Special-Opportunities Platforms

Investcorp took a passive minority position in private equity firm Centre Lane Partners, the latest investment…

Cryptocurrency Indices to be Launched in 2021

S&P DJI-branded products will use data from New York-based virtual currency company Lukka on more than…

Emirate’s External Trade with Bahrain Grows 170 per cent

First half of 2020, trade between Dubai and Bahrain amounted to Dhs5.37bn. Imports accounted for the…

Eurosystem’s TARGET Services to Include Danish Krone

The Eurosystem’s new real-time gross settlement system (RTGS). T2 would then include the Danish krone by…

Targeted Lending Operations by European Central Bank

Extension of the pandemic-related low interest rate period, the addition of three more operations and the…

Impact Investing Fund Focused on High Growth Companies

Alitheia Capital focuses on channeling capital into businesses that enhance access to essential goods and services…

Indonesian Banks’ Heading Towards Digitization

Growth potential for digital financial services is large, as Indonesia still has a large pool of…

Money Laundering Breaches in APAC Banks

Regulators in APAC, including the Malaysia Securities Commission and AUSTRAC in Australia, were amongst those handing…