In the last decade, more than 10 lenders have sought to capitalize on economies of scale to expand their reach of the market landscape.
Banks in the U.A.E are now required to assess creditworthiness of their customers with the Al Etihad Credit Bureau (AECB) before issuing cheque books to their customers, according to a circular
The move will be effective before the market opens on September 23, 2019, S&P said in a statement.
Blockchain was used to transact a secondary market deal in the bank’s $500 million senior sukuk maturing in September 2023.
An improving global economy has seen the number of ultra-wealthy individuals rise significantly in recent years. So, where are the region’s rich investing their capital?
The Lebanese economy is in a debilitating condition due to political as well as social instability. Nevertheless, the country’s financial system is performing commendably. In the words of Lebanon’s
The Middle East office of one of Switzerland’s oldest private banks bears little evidence of its 221-year lineage. If anything, Geneva-based Lombard Odier’s representative office in Dubai is austere
Mastercard has had a positive year in terms of performance. Does that mean you are seeing a robust uptick in consumer spending across the geographies you operate in?
We are seeing generally