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Banking Related News Articles from All over the world.
UBS seeks hybrid work to boost flexibility in the banking sector
The Swiss multinational investment bank UBS Group plans to implement a new working model for employees...
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Pakistan secures USD 4.5 billion financial aid from ITFC for fuel imports
Pakistan secures financial aid from Jeddah-based Islamic Trade Finance Corporation (ITFC) worth USD 4.5 billion for...
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Kuwait Finance House launches AT1 U.S. Dollar-denominated Sukuk sale
The first sharia-compliant bank in Kuwait - Kuwait Finance House, launched the AT1 bond sale with KFH Capital...
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Saudi’s Watheeq joins the innovative PropTech sector with a $26.7M fund
Watheeq Financial Services commenced a Venture Capital Proptech Fund of about $26.7 million (SAR 100 million)....
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PMRC issues Rs1 billion Sukuk promoting sharia-compliant housing finance facility
Pakistan Mortgage Refinance Company (PMRC) issued a second privately-placed Sukuk of Rs1 billion to promote housing...
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Oman’s international Sharia-compliant Sukuk saw 6.5 times higher bids drawing more than $11.5 billion
As per a statement, Oman issued $1.75 billion in nine-year Sukuk or Islamic bonds in the...
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Bahrain’s Islamic banking drove with 37.1% domestic banking system assets in 2020
Bahrain is unarguably a high-income economy as per the World Bank, standing as the 5th most prosperous Arab country....
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Line and Hana Bank offer seamless digital banking experience to customers with the collaboration
The Indonesian corporation Line launched the digital banking platform LINE Bank. The partnership between South Korea’s...
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China implements strict laws for data security on local and big tech firms
With the move to clamp down on the tech firms, the Chinese administration established a law...
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IFC ‘creates markets’ for growth in the financial sector in Africa and the Middle East
The International Finance Corporation is a subdivision of the World Bank that encourages companies in the...
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