11 Banks Have Exceeded 5% Bad-debt Threshold – MPC

No fewer than 11 commercial banks exceeded the Central Bank of Nigeria’s (CBN) five per cent regulatory limit for non-performing loans (NPLs) in April 2025. This increase was mainly due to an industry-wide loan reclassification carried out during...

RBI repo rate cut transmission: Public sector banks ahead of private lenders in lowering rates

In the current policy rate easing cycle, which started in February this year, public sector banks (PSBs) have slashed their lending and deposit rates more sharply than their private sector counterparts, according to an RBI article.The savings...

Banks Hate ‘Buy Now, Pay Later’—And May Penalize Its Users

Bankers intensify anti-fraud efforts as concerns grow

In the fight against fraud, financial institutions are making concerted efforts to weed out vulnerabilities in their customer verification processes. But not all banks and credit unions are wholly confident in their defenses against emerging...

Santander under fire as ‘free for life’ business banking customers hit with fees

An open letter submitted this week to Santander’s top executives, and shared with Business Matters, outlines the growing frustration among SMEs who feel misled after banking with Santander for more than a decade under what they believed was a...

India’s state banks looking to unlock value from insurance ventures: report

‘Horrendous blisters’: Retired UK banker, 65, attempts to run 200 marathons in 200 days

The first fortnight was tough – terrible blisters, a flare of gout that needed a visit to A&E and the rapid realisation that running 200 marathons in 200 days around the coast of Great Britain would not be a walk in the park. But Steve James, a...

APRA moves to make smaller banks more competitive

The country’s banking regulator says it will loosen rules in the hope of helping smaller lenders compete against their larger rivals, including reporting less data and possibly allowing them to hold less capital. In a speech to the Australian...

Banks, Leroy

‘Taxpayers will pay for it’ – Dr Seddoh on 60% recovery threshold in banking crisis

A former CEO of the National Pensions Regulatory Authority (NPRA) has warned that taxpayers will ultimately bear the cost of the state’s decision to halt prosecution in the case involving Dr. Kwabena Duffuor and seven others after reaching a 60%...

UAE banks are ditching SMS OTPs? Here’s what to know about app-based verification

Mobile authentication is set to replace SMS OTPs as UAE banks tighten digital security/ Representative Image TL;DR UAE banks will stop using SMS and email OTPs for online and money transfer verifications In-app authentication will be the new...

RBI wants to end lazy banking

'Banks are being encouraged to lend instead of parking their resources with the RBI and earn risk-free interest income,' points out Tamal Bandyopadhyay. IMAGE: Reserve Bank of India Governor Shaktikanta Das. Nobody could have asked for more, even...

Fraud Alert: Surge in Social Media Scams & Mule Bank Accounts

India is facing a sharp rise in digital fraud and global analytics firm FICO has raised serious concerns about the growing threat from social media scams and mule bank accounts. These have now become the top fraud risk for banks across the Asia...

Central banks pile into gold on the back of Trump-driven turbulence

Central banks globally show no sign of slowing their advance into gold, with the political and economic turbulence created by Donald Trump’s foreign policies stoking demand for the precious metal. According to research from Invesco, an investment...

Australian banking sector's recent out-performance unsustainable say Macquarie analysts

Banking / news Macquarie analysts say economic modelling implies that the particularly strong bank share market performance in 2024 was not supported by macro fundamentals, with a record deviation between the modelled and actual performance...

US-sanctioned Azruddin Mohamed: Demerara Bank cut ties with more WIN candidates; other banks expected to follow suit

Banking on Knowledge: How ECL’s NetApp training is powering Liberia’s financial sector

What happens when technical excellence meets true hospitality? You get a training experience that’s as impactful as it is unforgettable. That’s exactly what two IT professionals from Access Bank Liberia experienced during their week-long NetApp...

FMG banks record shipments, backs down on green hydrogen

Fortescue closed the June quarter with $6.5b in cash and $8.1b in gross debt. Fortescue (ASX: FMG) has documented record annual iron ore shipments for FY25, totalling 198.4mt, 55.2mt of which was shipped during the June quarter. The company also...

Public sector banks slashed key rates more than private ones: RBI Monthly Bulletin

Following the central bank's decision to cut the key repo rate by 100 basis points since February 2025, public sector banks have reduced their lending and deposit rates more than private sector banks, as per data released by the Reserve Bank of...

Intellect Design Arena wins major deal with Tier-1 Canadian Bank for US core banking rollout

Chennai-based Intellect Design Arena Ltd has secured a strategic core banking deal with a Tier-1 Canadian multinational bank to support its global deposit growth. Chennai-based Intellect Design Arena Ltd, a financial technology company, has...