Bank – Page 13 – International Finance

‘We set standards for the best customer experience’

International Finance DeskJuly 22, 2015

by International Finance DeskJuly 22, 2015

BankDhofar of Oman has also been a leader in terms of product innovation and creative solutions July 22, 2015 : How has the Sultanate been doing with efforts to diversify its oil-dependent economy? As part of ‘Oman Vision 2020’, there are concerted efforts to diversify the economy and reduce the dependency on oil. The specific...

Fintech

Top 10 most epic trades of all time

International Finance DeskJuly 21, 2015

by International Finance DeskJuly 21, 2015

Every day, thousands of trades are conducted between traders around the world, but most of them will never be remembered TeleTrade July 21, 2015: Every day, thousands of trades are conducted between traders around the world, but – let’s face it – most of them will never be remembered. The trades that stay in history...

Economy

Kenya’s betting big on infrastructure

International Finance DeskJuly 10, 2015

by International Finance DeskJuly 10, 2015

Earlier this year, various organisations placed the East African nation among the fastest growing economies in the world Amoxers Wachira and Veronicah Riba July 10, 2015: Africa has been described as the Dark Continent for many years. However, with economies of a couple of African countries recording growth in recent years, the narrative is quickly...

Fintech

‘Payments via mobile phones are predicted to grow to $58 billion by 2017’

International Finance DeskApril 23, 2015

by International Finance DeskApril 23, 2015

IFM spoke to Andrew Schrage, co-founder of Moneycrashers.com, about the changes in payment systems April 23, 2015 Karan Belani How do the various payment systems — cash, cheque, credit cards, net banking, mobile payment — compare in terms of 1. Cost incurred by the customer 2. Safety issues There are virtually no costs incurred by...

Economy

Zaiwalla & Co welcomes Iran’s nuclear deal

International Finance DeskApril 8, 2015

by International Finance DeskApril 8, 2015

The solicitor gives thumbs up to the framework agreement reached with the P5+1 countries April 8, 2015: Zaiwalla & Co, the solicitors who overturned both the United Kingdom’s and European Union’s sanctions against Iranian banks, welcomed the framework agreement which has been reached between the P5+1 countries and Iran relating to Iran’s nuclear programme. This...

Finance Islamic Banking

Islamic finance and the halal industry

International Finance DeskMarch 31, 2015

by International Finance DeskMarch 31, 2015

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...

Banking

Bank Rakyat starts 2015 with new corporate office

International Finance DeskMarch 13, 2015

by International Finance DeskMarch 13, 2015

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...

Finance Islamic Banking

Japan has Islamic finance in the pipeline

International Finance DeskMarch 9, 2015

by International Finance DeskMarch 9, 2015

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...

Banking

Sacombank is reaping the benefits of its customer centric model

International Finance DeskMarch 2, 2015

by International Finance DeskMarch 2, 2015

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...

Banking

Bank robberies down, attacks on ATMs up

International Finance DeskMarch 2, 2015

by International Finance DeskMarch 2, 2015

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...