Browsing: Bank

Europe’s debate on bank competitiveness is often framed in terms of high capital requirements. But a more fundamental challenge is the persistent fragmentation of the European banking market. Even as Europe has made progress in building resilience, Europeanising supervision and developing a common rulebook, key constraints remain national, limiting the ability to deploy capital and…

I&M Bank, a banking group operating across East Africa and Mauritius, has partnered with Surecomp, a trade finance technology provider, to digitise its trade finance operations. The implementation will begin in Kenya before expanding to Tanzania, Rwanda, Uganda, and Bank One in Mauritius, which is part of the I&M Group. The initiative will provide a…