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Bank News
SEBA Bank: SEBA Bank Raises CHF 110 Million In Series C Funding To Fuel International Growth And Drive Institutional Business More... /January 12, 2022/SEBA Bank
ING Bank: ING announced today that it will leave the Retail Banking market in France. This decision is the outcome of the strategic review that was announced in June 2021. More... /December 21, 2021/ING Bank
BBVA Switzerland: BBVA Switzerland adds Ethereum (ETH) to its cryptocurrency custody and trading service. More... /December 13, 2021/BBVA Switzerland
Sberbank Europe: Sberbank Europe AG signs share purchase agreement to sell certain subsidiary banks in CEE in order to focus on key markets More... /November 4, 2021/Sberbank Europe
Silicon Valley Bank: Airbase Partners with Silicon Valley Bank to Offer its Comprehensive Spend Management Platform to SVB Business Cardholders More... /October 6, 2021/Silicon Valley Bank
ING Bank: ING to transfer Retail Banking operations, staff and customers in Austria to bank99 More... /July 13, 2021/ING Bank
Nubank: Nubank, the largest independent digital bank in the world, announced it has raised US$500 million from Berkshire Hathaway. More... /June 9, 2021/Nubank
Financial and Banking News
 Public-Private Partnership project value exceeds US$223 bn in MENA as delegates gear up to discuss opportunities at the PPP MENA Forum

As many as 242 public-private partnership projects worth US$223 billion (Dh818 billion) are under development in the Middle East and North Africa region, according to recent reports, which is set to go up as project execution picks up with return to normalcy and higher oil price that will fuel economic growth in the Middle East – pushing public-private partnership sector. 07.01.2022 | Source: Great Minds Event Management

 UK bank bans cryptocurrency amid fraud concerns with Binance and Kraken

TSB Banking Group Plc. is set to ban more than 5 million customers from buying cryptocurrencies amid fears over "excessively high" fraud rates on trading platforms, according to a report by the U.K.’s Telegraph newspaper.

 How Women Can Impact the Middle Eastern Financial Industry: Layal Haykal Success Story

We’re in the 21st century and women are still mistreated in some parts of the world. Their rights are violated. They don’t have the opportunity to work on equal terms with men. They’re being kidnapped and sold no matter their age. This phenomenon is highly prevalent in the Middle East. The world is evolving from globalization to technological innovations while women there are still repressed and exploited. The same image women had several decades ago hasn’t changed heavily in our present times.

 Citigroup to exit 13 global consumer banking markets, including India and China

Citigroup announced April 15 it will exit 13 international consumer banking markets, shifting its focus to wealth management and away from retail banking in places where it is small.

 In-person GISEC 2021 to spark industry collaboration against cybercrime spike

GISEC, the most influential cybersecurity event in the Middle East and Africa, will provide an in-person meeting point for the cybersecurity ecosystem from 31st May-2nd June at Dubai World Trade Centre (DWTC). 13.04.2021 | Source: Dubai World Trade Centre

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