IF Insights: Australia’s big fight against scams
Australians lost a record USD 3.1 billion to scams in 2022, according to the Australian Competition and Consumer Commission...
Category : Banking
China mandates banks for USD 2 billion bond issuance in Saudi Arabia
Recently, China's Ministry of Finance announced that, with State Council approval, it would issue bonds in Saudi Arabia for a maximum of USD 2 billion...
Jordan Ahli Bank’s vision: A future of shared prosperity
Jordan Ahli Bank's dedication to its customers goes beyond banking, building lasting relationships founded on trust and innovation...
Bank of Uganda cuts key lending rate again, indicates reduction in inflationary pressures
The rate of inflation in services decreased from 6.2% in August to 5.8% in September...
Gulf banks see record profits as region’s net interest income increases
With a 6.3% increase in net interest income to USD 2.5 billion, Kuwaiti banks led this growth...
VIB dominates Vietnam’s credit card market with diverse product range
VIB pays special attention to creating a superior cashless shopping experience for Vietnamese travellers...
Central Bank of Nigeria continues to enhance foreign exchange market liquidity
According to a recent bank statement, the Central Bank of Nigeria's policy goals are to support market confidence and produce observable outcomes...
Dubai’s Emirates NBD beats 2024 Q2 profit estimates, rebrands private banking unit
At the end of the 2024 second quarter, Emirates NBD's total assets increased to 931 billion dirhams, up 15% from 2023, while lending increased by 6% during the first half of the year...
MB Bank advances ESG strategy with green credit initiatives
MB Bank's brand reputation continues to be affirmed in prestigious rankings and awards both domestically and internationally...
Saudi banks’ credit profiles remain strong amid high oil prices
Saudi Islamic banks have a strong position in the banking industry thanks to their larger retail franchises, which enable them to offer superior asset quality, reduced funding costs, and higher margins...