UAE banking sector sees USD 3.76 billion in new savings deposits in Q1 2024
At the end of March 2024, savings deposits in the banking sector...
Category Banking and Finance
Italian banks must quit Russia, says key ECB policymaker
The activity of Western banks in Russia and their progress on exit...
Fed unlikely to cut rates in 2024: Goldman Sachs
Goldman Sachs CEO David Solomon said that given the region's more sluggish...
Central Bank of Nigeria officially withdraws cybersecurity levy
The Central Bank Of Nigeria mandated that all banks, mobile money providers,...
GBO
Magazine
Aseer’s growth engine accelerates
MENA Watch: IPOs kick off Q1 2024 with strong momentum
The UAE has one announced IPO, whereas the KSA has 21 announced...
Saudi banks’ money supply surges 8% in March 2024
As per S&P Global, mortgage financing accounted for 23.5% of Saudi banks’...
SoftBank’s quarterly turnaround: Profits surge as focus shifts to Arm unit
Investors are increasingly interested in the prospects of Arm Holdings, SoftBank's subsidiary...
Federal Reserve survey finds weaker loan demand, growing adoption of instant payment services
Along with the possible weakening in the loan demand, the Federal Reserve...
Bank of England’s CCP exam makes stress testing more than a tick box exercise
The Bank of England is highlighting the significance of data-driven risk management...
Fitch predicts losses for Gulf banks with Turkish subsidiaries
Fitch predicts that inflation in Turkey will likely average 29% in 2025...