World News

Exclusive: Societe Generale said to explore sale of Asia private bank

Societe Generale, France’s No. 2 listed bank, is exploring the sale of its Asia private banking arm, people familiar with the matter told Reuters, seeking to exit a market where small managers are getting hit by rising costs and competition. The Singapore-based division could fetch around $600 million, the people […]

Bank Deposits in Nigeria, Others to Hit $1.1tn by 2020

The Joint Chief Executive Officer, Standard Bank Group, Mr. Ben Kruger,has said despite the challenges facing the banking sector in Africa, the banking industry in 16 key African economies will expand 1.5 times faster than GDP by 2020. Kruger, who made this known at the just-concluded Standard Bank Africa Media […]

Keystone Bank introduces trade portal

Keystone Bank Limited has introduced a trade portal to support the international trade activities by its customers. A statement from the bank on Sunday quoted the Managing Director/Chief Executive Officer, Mr. Philip Ikeazor, as saying the new trade portal solution supported manufacturers, importers and other companies that were engaged in […]