Deutsche Bank may delay debts repayment, other lenders may follow suit
The bank will delay repayment on $1.25 bn of bonds...
Banking
UAE’s four largest banks’ profitability to remain strong in 2020
The combined net profit of the four banks increased 13 percent to...
RAKBANK to join RippleNet to drive Philippine remittance footprint
RAKBANK will work with BDO Unibank to power remittance transactions throughout the...
Philippines seeks partnership with Qatar on Islamic banking development
The partnership will help broaden the scope for new Islamic products and...
Kuwait’s new draft law to set up Shariah board for banking supervision
All 36 MPs have voted unanimously in favour of the draft law...
Malaysia’s Maybank launches instant business account facility for SMEs
Now businesses can open a conventional or an Islamic business account through...
FAB raises over Dh3 bn in its first Sterling bond, Kangaroo bond
The two bonds will be listed on London Stock Exchange and Australian...
Egypt’s CIB to raise E£15 bn to fuel expansion
The proposal is subject to approval from the general assembly meeting, which...
HSBC mulling over withdrawing its operations in Turkey
The banking giant’s likely departure in Turkey, where it has its presence...
In Indonesia, debit card spending may surpass credit card spend in 2019
Digital payments may leap from Rp639.9 trillion to Rp821.2 trillion between 2019...