Banking

The EBRD and Piraeus Bank Ukraine (PBU) are supporting the development of Ukraine’s small and medium sized enterprises (SME) with new financial products designed to reduce project and currency exchange associated risks. The financing package arranged by the EBRD for...

SB Financial, the parent company of State Bank and Trust, has agreed to acquire Edon Bancorp, in a deal worth $15.5m. Based in Edon, Ohio, Edon Bancorp is the parent company of The Edon State Bank Company of Edon,...

UK-based banking and financial services firm Standard Chartered, has partnered with enterprise software company Infor, to introduce the Infor Nexus network to its clients. The Infor Nexus network is said to transform the traditional manual process of data matching across...

EQT announced the opening of an office in Sydney, Australia. The office will be led by Ken Wong, Managing Director and Head of EQT Australia & New Zealand, who was previously based in EQT’s Singapore office and will return...

Desjardins Group, the largest federation of credit unions in North America, has furthered its partnership with Montreal-based behavioral banking start-up Exagens by signing a “multi-year” contract to use its technology for its banking assistant. The multi-year contract will see the...

State Bank of India (SBI) is offering a virtual card to be used for e-commerce transactions. The new offering will be a limit debit card that can be used for online shopping at merchant websites accepting Visa cards. The card...

MoneyGram International, Inc., a global leader in cross-border P2P payments and money transfers, announced that it is partnering with Industrialbank, to create a new bank deposit service in Ukraine. MoneyGram is the first company in the industry to enable...