Banking

ANZ announced an unprecedented support package for small business and home loan customers with the potential to inject $6 billion into the Australian economy and assist in the recovery from the current COVID-19 crisis. The package includes a reduction of...

HSBC UK has launched the Coronavirus Business Interruption Loan Scheme (CBILS), which can be availed by existing customers with a group turnover of up to £45m HSBC UK said that it has extended financial support for businesses dealing with the...

New Jersey-based Provident Bank’s parent company Provident Financial Services has agreed to acquire SB One Bancorp in a deal worth $208.9m. SB One Bancorp is the holding company for SB One Bank, a full-service, commercial bank that operates regionally with...

The announcement from the State Bank of India follows the reconstruction scheme chalked out by the Reserve Bank of India for the financially troubled Yes Bank The State Bank of India said that its board has approved the state-run lender’s...

As part of the deal, Lloyds Banking Group will deploy various services from Google Cloud to help in its objective of optimisation, modernisation, and improvement of the customer experience Lloyds Banking Group has signed a five-year cloud contract with Google...

Sudan-based Al Khaleej Bank has selected Path Solutions and its iMAL platform to power its core banking operations. Headquartered in Khartoum, Al Khaleej Bank is an Islamic institution focusing on corporate banking and micro-finance. The bank also finances agricultural...

The California-based Credit Karma provides credit scores, reports and monitoring to its members across the US, the UK and Canada. Intuit, a US-based business and financial software company, has agreed to acquire consumer technology company Credit Karma in a...