Bank Alfalah Buys 9.9% Stake in UAE Fintech
Bank Alfalah has acquired a 9.9 percent equity stake in Jingle Pay, a UAE-based fintech specializing in cross-border money transfers. This comes as Bank Alfalah shifts more focus on digital…
China raises key parameter to facilitate cross-border financing
China on Monday raised a key parameter in its macro-prudential management to expand cross-border funding sources for companies and financial institutions, according to an official statement. The macro-prudential adjustment parameter,…