Tag: Banking
Qatar’s QIB launches new summer campaign for Personal, Auto & Home...
Qatar Islamic Bank (QIB), the region’s leading digital bank, has launched a new summer campaign for Personal, Auto and Home finance that will run...
CBUAE picks Accenture to develop National Instant Payment System
The Central Bank of the UAE (CBUAE) has selected the Ireland-based multinational professional information technology services company Accenture to lead a consortium of companies...
UAE becomes world’s 15th biggest recipient of FDI in 2020
The UAE became the world's 15th biggest recipient of Foreign direct Investment (FDI) in 2020, ranking one place above the UK and seven places...
Experts side with Citigroup which transferred $500mn by mistake
Investment firms shouldn’t be allowed to keep half a billion dollars the American investment bank Citigroup accidentally sent them because the payment wasn’t due...
HSBC lures ultra-rich Asians by offering direct access to its investment...
HSBC, the London-based investment bank and financial services provider, is offering its ultra-rich clients in Asia direct access to its investment bankers as it...
HSBC to turn focus on Asia, abandons long term targets under...
The UK-based multinational investment bank HSBC has abandoned its long-term profitability target, and unveiled a revised strategy focused mainly on wealth management in Asia...
Citibank had accidentally transferred $500mn; It’s not getting it back!
America’s Citibank won't be allowed to recover almost $500 million it accidentally paid to cosmetic company Revlon's lenders, a US Court has ruled. The...
Bahrain’s banking sector is a role model for region: Ebdaa Bank...
Bahrain-based Ebdaa Bank for Microfinance’s chairman, Her Excellency Mona Yousuf Khalil Almoayyed said that country's banking sector has emerged as a model in attracting...
