Friday, Nov 22, 2024

International Finance

Tag : Bank

FinanceIslamic Banking

Islamic finance and the halal industry

International Finance Desk
by International Finance Desk
There is great potential for correlation between the two Camille Paldi March 31, 2015: The word halal is derived from the Arabic verb Halla, which means to be or become lawful, legal, legitimate, permissible, allowed, admissible, un-prohibited, or unforbidden. Halal is simply that which Allah and the Prophet Muhammad (Pbuh) have allowed to be done...
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Banking

Bank Rakyat starts 2015 with new corporate office

International Finance Desk
by International Finance Desk
It embodies the bank’s commitment to deliver nothing but the best to its 5 million customers and 950,000 members March 13, 2015: Bank Rakyat started 2015 by launching Menara Kembar Bank Rakyat, its new corporate office located along Jalan Travers, on the fringes of KL Sentral. Operating in a very conducive and modern environment, it...
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FinanceIslamic Banking

Japan has Islamic finance in the pipeline

International Finance Desk
by International Finance Desk
The sword exterior and chrysanthemum interior of Japan is quite conducive to the soft interior of Islamic finance Camille Paldi March 9, 2015: Japan is an emerging Islamic finance powerhouse and East Asian hub for the billion dollar Islamic finance industry. Naoki Nishida, President and CEO of Bank of Tokyo-Mitsubishi UFJ (Malaysia) Berhad, explains the...
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Banking

Sacombank is reaping the benefits of its customer centric model

International Finance Desk
by International Finance Desk
Its successful retail strategy is based on human resources, technology, financial capability and branch network March 2, 2015: Even since it was established 23 years ago, Retail Banking Strategy has been the key for Sacombank. It adopted a “Customer Centric Model” very early in order to achieve excellence in customer service as the main differentiating...
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Banking

Bank robberies down, attacks on ATMs up

International Finance Desk
by International Finance Desk
But, the greater threat is posed by developments in technology Peter Taberner March 2, 2015: Research by the European Banking Federation (EBF) has revealed that there continues to be a decline in bank robberies. According to the 22nd edition of their bank robberies report, there were 2,347 heists in 2013. These took place in the...
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Banking

Gulf Bank to help develop an entrepreneurship ecosystem in Kuwait

International Finance Desk
by International Finance Desk
Gulf Bank to help develop an entrepreneurship ecosystem in Kuwait,Will participate in the National Fund’s SME Debt Program....
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Banking

SMEs: The double-edged sword of disintermediation

International Finance Desk
by International Finance Desk
Fragmentation of SME credit markets requires business owners to be more knowledgeable Charles Thorburn February 3, 2015: Financial markets have gone through a roller coaster in the past eight years, and whether it’s been bank bailouts, sovereign debt crises or LIBOR fixing scandals, the world of finance has been a large part of the news...
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Fintech

CHF freed, SNB caps losses

International Finance Desk
by International Finance Desk
Mario Singh But,what next for the Swiss franc and the country’s economy January 22, 2015: On January 15, the Swiss National Bank (SNB) shocked the capital markets by unexpectedly removing the EUR/CHF peg set at 1.20. The move caught many offguard and sent the Swiss Franc (CHF) into the stratosphere, rising about 40% in a...
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Banking

Odeabank: From the 49th place to 13th in 15 years

International Finance Desk
by International Finance Desk
The total loan book reached Turkish Lira 14.3 billion, total asset size TL 20.3 billion whereas customer deposits reached TL 16.8 billion by the end of the first half of 2014 December 22, 2014: Odeabank made a powerful entry into the sector by obtaining a banking licence for the first time in 15 years in...
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Islamic Banking

Spike in interest rates could hamper Islamic finance

International Finance Desk
by International Finance Desk
Base rates are at record lows in Europe with the Bank of England having held its rate at 0.5% for five years now Tim Evershed November 26, 2014: A spike in European interest rates could pose a serious challenge to the growth of Islamic finance across the EU. Base rates of interest are at record...
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