Results for
banks
102 Results-
UAE regrets EU’s decision to include it on tax related list
The European Union’s decision to include the United Arab Emirates on its blacklist of tax havens was due to “lack of communication” ... Economy -
Saudi net foreign assets rise to $479 billion
The net foreign assets of the Saudi Arabian Monetary Authority (SAMA) grew by about 4.5 percent at the end of the third quarter of 2018 in comparison ... Economy -
Indian govt’s bank merger plan triggers fears of job losses
The Indian government’s sudden and far-reaching decision to merge three state-owned banks without consulting the stakeholders has sent ... Opinion -
FBI warning: ‘ATM cash-out’ hack could see millions withdrawn from banks
The FBI has issued a warning to all banks worldwide that a scheme known as “ATM cash-out” will be carried out by cybercriminals, in which ... Technology -
Facebook asks US banks for financial information to boost user engagement
Facebook Inc has asked large US banks to share detailed financial information about their customers, as part of an effort to offer new services to ... Economy -
Rise in expat terminations result in $1.8 bln bad bank debts in Kuwait
The number of foreigners terminated from public sector jobs in Kuwait has left banks in the country with a sizeable bad debt problem. Local media said ... Economy -
Report: UAE banks continue to register higher profitability
UAE banks continue to perform well, with higher levels of profitability, and liquidity is expected to remain healthy for the remainder of 2018, ... Banking & Finance -
Qatari government injects $43 billion to help banks amid Arab boycott
Senior Director for financial services at S&P Global Ratings, Mohamed Damak, said on Tuesday that the Qatari government and state-controlled ... Banking & Finance -
Dirty money and the coming wave in Lebanon
There is a cynical saying that there is always a bank for every citizen in Lebanon and that the number of Lebanese bank employees is more than the ... Middle East -
Saudi banks ‘among least exposed to financial fraud worldwide’
Saudi Arabia has one of the lowest bank fraud rates in the world as Saudi banks play a vital role in raising agents’ awareness from fraud.Saudi ... Banking & Finance -
Weakness in controlling joint stock companies
Okaz newspaper recently published a report about the misappropriations discovered at Banque Saudi Fransi that led to a fall in the bank’s share ... Middle East -
Egyptian banks have provided $55.1 bln to fund trade since currency float
Egyptian banks have provided about $55.1 billion to fund trade since the country floated its currency in November last year, a central bank official ... Economy -
Saudi Arabian Monetary Agency says foreign assets close to SAR 2 trillion
Foreign assets of the Saudi Arabian Monetary Agency (SAMA) and the commercial Saudi banks reached SR1.996 trillion by the end of May, business daily ... Banking & Finance -
Saudi finance ministry says 13 banks qualify for domestic sukuk program
Saudi Arabia’s finance ministry said on Tuesday that 13 domestic banks had qualified to participate in the government’s planned issuance ... Economy -
British Tesco and Barclays banks have stopped dealing in Qatari riyals
Tesco Bank, owned by Britain's biggest retailer Tesco, is no longer allowing customers to buy or sell Qatari riyals at its stores, a spokesman for the ... World News -
Swiss banks reveal secret accounts dormant for 70 years
Swiss banks have published a list of the holders of dormant accounts that have not been used since 1956 in an attempt to find their heirs Economy -
Liquidity pressures among Saudi banks ‘are easing’
Moody’s expect banks’ credit growth to moderate and pressures on Saudi Interbank Offered Rate to ease further Economy -
Dubai asks banks for proposals for financing Al Maktoum Airport expansion
Will include an Islamic component and attract commercial banks and the backing of export credit agencies Aviation & Transport -
French Minister: US banks planning exodus from Brexit Britain
Michel Sapin said that US banks had confirmed to him they would move some activities out of Brexit Britain to other European countries Banking & Finance -
Algeria plans bank privatizations as oil money dries up
Algeria plans to allow its dominant state banks to list on the local stock exchange to help develop its financial markets and diversify sources Banking & Finance -
Saudi Binladin seeks $217.8 mln loan extension after payment delay
Awaiting Saudi government payments for Grand Mosque project, say sources Economy -
Iranian central bank, US treasury, international banks to meet in London
European banks after breaking sanctions with relunctancy to resume trade ties until some reassurance Economy -
Rolls-Royce driving fraudster cons car owners in Dubai
A Dubai fraudster impressed victims with his gleaming white Rolls-Royce Variety -
Some big US banks have six months to get disaster plans in shape
The exercise is aimed at avoiding a repeat of the taxpayer bailouts of banks during the 2008 financial crisis Banking & Finance -
Moody’s outlook for Saudi Arabian banks held at stable
Moody’s maintained its stable outlook for Saudi Arabian banks despite oil prices declining by more than half in the past 18 months. Reports -
Debt conundrum to keep Greek banks in months-long freeze
Greek banks are set to keep broad cash controls in place for months Banking & Finance -
FIFA sponsor Visa calls for independent reform board
New York State is also probing banks over FIFA-related accounts Sports -
Gulf may regain strength; bank earnings positive
Brent crude oil is up 1.5 percent in Asian trade near $58 a barrel and MSCI's broadest index of Asia-Pacific Banking & Finance -
Middle East lenders struggle with falling loan pricing: bankers
With oil export revenues in decline, many government entities are now beginning to dip into their bank deposits to fund projects Banking & Finance -
Turkish authorities take control of bank tied to Erdogan foe
The Turkish government initiated the move against the Islamic lender, founded by Gulen's followers in 1996, in February Banking & Finance