Category: Banking

AHAM Capital is replacing legacy, on-premises systems with Temenos Multifonds Global Accounting on SaaS to drive scalable automation and future growth in the Malaysian market GRAND-LANCY, Switzerland, Dec. 17, 2024 (GLOBE NEWSWIRE) — Temenos (SIX: TEMN) today announced that AHAM Capital has selected Temenos Multifonds Global Accounting delivered as SaaS to drive scalable automation and … Continued

This week the Banking Code Compliance Committee (BCCC) published its latest report on compliance with the Banking Code of Practice, examining the January to June 2024 reporting period.  This edition of the report highlights an increase in breaches of key obligations, reflecting both improved monitoring efforts from banks as well as ongoing challenges with compliance. … Continued

Strong International Demand and Sustainability Trends Drive Growth in Corporate Bonds, with Australian Market Showing Continued Resilience CANBERRA, AUSTRALIA / ACCESSWIRE / December 9, 2024 / Eastern River Pty Ltd, a leading bond specialist, reports that the global corporate bond market has experienced a remarkable surge in 2024, driven by strong international demand for stable, … Continued

HOCHIMINH CITY, Vietnam, Dec. 09, 2024 (GLOBE NEWSWIRE) — Cake Digital Bank, Vietnam’s pioneering digital bank, announced it has achieved a remarkable milestone, becoming the first digital-only bank in Vietnam to attain profitability merely 3.5 years after its inception. This underscores Cake’s profound impact on Vietnam’s financial sector as it redefines banking for tech-savvy, young, … Continued

MANAMA, BAHRAIN / ACCESSWIRE / November 4, 2024 / Batelco, part of the Beyon Group, signed a memorandum of understanding with Qareeb Data Centers W.L.L., at the Gateway Gulf Investment Forum 2024. The MoU was signed by Batelco CEO Maitham Abdulla and Qareeb Data Centers Chief Strategy Officer Annemarie Van Zadelhoff in the presence of … Continued

MANAMA, BAHRAIN / ACCESSWIRE / November 4, 2024 / Al Salam Bank, Bahrain’s largest Islamic bank, announces the launch of ASB Capital, a newly established Category 3A asset management firm licensed by the Dubai Financial Services Authority (DFSA). Headquartered in the Dubai International Financial Centre (DIFC), ASB Capital is shortly set for an official launch … Continued

Major expansion of Racing Force Group production facilities located at The Home of Motorsport in the Middle East. New OMP factory reflects Racing Force Group’s long-term commitment to Bahrain as leader in motorsports safety equipment MANAMA, BAHRAIN / ACCESSWIRE / November 4, 2024 / Racing Force Group, the leading supplier of motorsports safety products and … Continued