CBN objects MTN Nigeria’s USSD transactions charge
MTN is expected to start charging its customers on the directive of bankers committee...
Tag : banking
Sharjah Islamic Bank reports 8.8% increase in profits in Q3 2019
The bank’s profits for the quarter reached Dh124.9 mn as a result of increase in total income and decrease in general expenses...
China’s ICBC lists two bonds worth $1 bn on Nasdaq Dubai
Each bond is worth $500 million—and reflect the financial and economic relationship between Dubai and China...
Deutsche Bank to expand client base in Thailand
The bank will target domestic corporations looking to invest overseas...
Emirates NBD to raise Dh6.45 bn from rights issue
The bank plans to expand abroad and attract more foreign investments...
CIMB Singapore’s trade finance platform to generate $100 mn
The bank completed its first trade financing transaction using IoT cargo sensors and blockchain...
DBS Bank working with advisor for Bank Permata acquisition
It would be DBS’ second attempt to acquire an Indonesian bank...
Islamic financial assets grow over $2 tn globally: IMF
Almost 85% of these assets are from the banking sector...
NCBA Group to begin rationalisation of branches
The new shares of the combined entity are expected to trade by the end of October...
UAE loans and deposits growth slows down in August
Credit growth in government and GRE segment rises due to an increase in investment activities...