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UAE’s IHC Takes Control of First Women Bank in G2G Deal
Crowdfund Insider· 2025-10-20 09:59
Abu Dhabi’s International Holding Company (IHC) said it has acquired a majority stake in state-owned First Women Bank Ltd (FWBL) after Pakistan completed a government-to-government privatisation under its Inter-Governmental Commercial Transactions Act of 2022.The announcement, at a ceremony attended by Sheikh Zayed bin Hamdan bin Zayed Al Nahyan and Pakistani Prime Minister Shehbaz Sharif, marks the first bank privatisation in Pakistan via a G2G framework, IHC said in a statement.Founded in 1989, Karachi-ba ...
Credicorp Ltd.: Credicorp Held Investor Day Marking 30 Years on NYSE and Presented Vision for a Future-Ready Financial Ecosystem
Globenewswire· 2025-10-11 04:15
Investor day highlights: transformation, innovation, and strong TSR across cycles. Reiterates aim to achieve sustainable ROE of 19.5% and a C/I ratio near 42% in the next three to four years.Lima, Oct. 10, 2025 (GLOBE NEWSWIRE) -- Lima, Peru, October 10, 2025 – (“Credicorp” or “the Company”) (NYSE: BAP | BVL: BAP), the leading financial services holding company in Peru with a presence in Chile, Colombia, Bolivia, Panama and United States yesterday hosted its 2025 Investor Day in New York, marking the 30th a ...
Credicorp (NYSE:BAP) 2025 Investor Day Transcript
2025-10-09 22:02
Credicorp (NYSE:BAP) 2025 Investor Day October 09, 2025 09:00 AM ET Company ParticipantsCésar Ríos - Chief Risk OfficerFrancesca Raffo - Chief Innovation OfficerGianfranco Ferrari - CEORaimundo Morales - Vice ChairmanLuis Romero - Executive ChairmanRaimundo Morales - CEOAlejandro Perez-Reyes - CFOMónica Rivas - Division Manager of Bancassurance and Credicorp EcosystemsMilagros Cigüeñas - Head of Investor RelationsAndre Resende - CTONone - TranslatorGiovanni Terzano - Head of Products, Digital Channels, and ...
QNB secures licence for digital-first bank in Egypt
Yahoo Finance· 2025-10-08 17:15
Qatar National Bank (QNB Group) has received licence approval from the Central Bank of Egypt for its new digital-first banking entity, ezbank. The group said the licence aligns with the Central Bank of Egypt’s agenda on financial inclusion and digital transformation, as the country seeks to modernise the banking sector. According to the company statement, ezbank will provide services through mobile-led platforms and AI-enabled tools, underpinned by risk management systems. The bank intends to offer digi ...
Nu Holdings: High Multiples Mask A Rare Deep Value Fintech
Seeking Alpha· 2025-10-01 03:21
When I published my previous review of Nu Holdings (NYSE: NU ) in July, it was already clear that this was not a promise for the future but a fully-implemented model with scalability, financial inclusion, andI am an individual investor with over five years of experience in personal investing, holding a PhD in Economics from UCEMA. My investment approach focuses on value companies with solid long-term potential. I share my knowledge with the community by offering analysis to support individual investors. My ...
Coastal Names Seasoned Fintech Leader Brandon Soto as New Chief Financial Officer
Globenewswire· 2025-09-23 04:50
EVERETT, Wash., Sept. 22, 2025 (GLOBE NEWSWIRE) -- Coastal Financial Corporation (Nasdaq: CCB) (the “Company”), and its subsidiary, Coastal Community Bank (the “Bank”), today announced the appointment of Brandon Soto as Chief Financial Officer, effective October 1st, 2025. Mr. Soto joins the Bank after an impactful tenure as the Chief Financial Officer of Square Financial Services, Inc. (a subsidiary of Block, Inc.), where he played a pivotal role in building and scaling the financial operations of one of t ...
SBI strengthens TN presence with 14 new branches
BusinessLine· 2025-09-21 22:07
State Bank of India (SBI) has further strengthened its presence in Tamil Nadu, with the inauguration of 14 new branches, 2 Home Loan Centers, 2 modern Rural Self Employment Training Institutes (RSETIs), and a Special Currency Administration Branch (SCAB). These initiatives were inaugurated by SBI Chairman Challa Sreenivasulu Setty during his visit to the Bank’s Local Head Office in Chennai on Sunday. Further to this, as part of the Department of Financial Services (DFS) campaign for the saturation of Financ ...
Intermex Payroll Mastercard Program Now Offers No-Fee International Wires Through Mobile App and Web
Globenewswire· 2025-09-16 20:00
项目核心内容 - 公司宣布与Central Payments合作扩展其薪资卡计划 [1] - 该计划使美国雇主能够数字化支付薪资,且无需雇主承担额外成本 [1] - 计划旨在消除雇主处理纸质支票或现金的负担 [1] - 员工可获得快速、安全的工资存取方式并接入数字经济 [1] 项目价值主张 - 公司可在数天内通过数字化支付流程消除雇主使用现金和支票的巨大运营负担 [2] - 该计划对雇主和雇员均不产生成本 [2] - 使用支票支付工资的员工通常被排除在数字经济之外,并可能产生高额兑现费用 [2] - 采用该计划为员工提供了经济机会和新的关怀水平 [2] 产品创新与整合 - 公司与Central Payments推出新功能,允许薪资卡持卡人通过公司移动应用和网页平台进行免转账费的跨境汇款 [2] - 通过整合薪资和汇款服务,公司提供了一个便捷且具成本效益的解决方案 [3] - 此创新反映了公司关于金融包容性的愿景,帮助员工及其家庭降低成本并扩大可信金融工具的获取渠道 [3] 合作伙伴评价 - 合作伙伴Central Payments表示,此次合作将薪资、支付和汇款整合为一个无缝的数字体验 [3] - 合作通过降低成本和扩大可信金融工具的获取渠道,赋能员工及其家庭 [3] 行业影响 - 免汇款费用功能凸显了薪资和数字汇款解决方案可为家庭节省资金,减少对高成本支票兑现服务的依赖 [4] - 该方案旨在随时随地扩大金融工具的获取渠道 [4]
Focused on financial inclusion: Fundbox CFO Renuka Nayani
Yahoo Finance· 2025-09-11 17:00
This story was originally published on CFO.com. To receive daily news and insights, subscribe to our free daily CFO.com newsletter. First-time CFO Renuka Nayani credits her early experience as a consulting firm software developer with sparking her focus on financial inclusion. Through the Accenture Development Partnerships program, she consulted with the World Bank in Sri Lanka, where she saw the financial needs of emerging markets firsthand. Already planning to broaden her impact beyond technology, she en ...
VCI Global’s Fintech Arm Credilab Achieves US$35 Million Loan Book with 53% Revenue Growth; Secures Conditional Approval for Full Online Lending License
Globenewswire· 2025-09-05 03:30
核心观点 - Credilab贷款账簿增长至3500万美元 实现53%的营收同比增长 并保持不良贷款率低于3% [1][2] - 获得马来西亚住房与地方政府部颁发的全在线贷款牌照有条件批准 为全国范围业务拓展奠定基础 [3] - 通过人工智能驱动的信用评估模型 为马来西亚647亿美元中小企业融资缺口提供解决方案 [5][6] 财务表现 - 截至2025年6月的十二个月内 贷款规模达到3500万美元 [2] - 年度营收实现53%的同比增长 [2] - 不良贷款率持续控制在3%以下 [2][4] 技术优势 - 人工智能技术嵌入信用评估与风险管理体系 [4] - 提供当日贷款发放服务 采用替代性信用评分系统 [5] - 专有信用风险引擎确保资产质量稳定 [2][4] 市场定位 - 专注于服务马来西亚中小微企业 该类企业占全国商业机构的96.1% [5] - 针对马来西亚647亿美元的中小企业融资缺口提供解决方案 [5] - 通过用户中心设计连接信贷缺口 推动金融包容性发展 [8] 战略发展 - 有条件获得全在线贷款牌照 支持全国性业务扩张 [3] - 结合聊天机器人交互与替代性信用评分 建立高边际效益增长引擎 [5] - 在金融科技和主权人工智能生态系统中构建可扩展平台 [5][9] 公司背景 - Credilab为VCI Global旗下金融科技子公司 专注于数字化借贷流程 [7] - 提供在线申请、KYC验证及资金发放的一站式服务 [7] - 母公司VCI Global业务涵盖金融科技、人工智能、机器人及网络安全领域 [9]