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Banking and Finance

Banking and Finance latest

SIB Receives “Client Excellence Award” from Deutsche Bank
December 14th, 2025 - 06:53 GMT

SIB Receives “Client Excellence Award” from Deutsche Bank

Sharjah Islamic Bank (SIB) has received the prestigious “Client Excellence Award” from Deutsche Bank in recognition of its outstanding performance in straight-through processing (STP) of payment transactions. The bank achieved an impressive 99% success rate in euro transfers and 98% in US dollar transfers for 2024, reflecting a high level of accuracy, efficiency, and reliability in processing corporate and institutional payments without manual intervention. H.E. Ahmed Saad, Deputy CEO of Sharjah Islamic Bank, received the award during a special visit by a delegation from Deutsche Bank to SIB’s headquarters. The ...
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Saudi Arabia’s King Abdullah bin Abdulaziz Al Saud, replaced the head of the Capital Market Authority (CMA) yesterday
February 6th, 2013 - 09:45 GMT

Saudi King replaces CMA boss

About 300 Saudis are imprisoned in the Kingdom who are unable to settle their bank debts
February 6th, 2013 - 09:40 GMT

Debt still hurting Saudis

Al Bawaba
February 6th, 2013 - 09:14 GMT

Emirates NBD introduces Chinese Yuan Renminbi currency-denominated accounts

The new courier offers effective and safe delivery services to Burgan Bank’s customers
February 6th, 2013 - 08:00 GMT

Burgan Bank collaborates with MyUS.com for its multi-currency X-Change cardholders

Standard and Poors, which downgraded Egypt's economic outlook recently, is facing legal action in the US over the subprime financial crisis
February 5th, 2013 - 10:51 GMT

No friend of Egypt's economy: S&P versus US in mortgage ratings trial

During the event
February 5th, 2013 - 10:03 GMT

Mashreq supports Emirati staff with Educational sponsorships

Al Bawaba
February 5th, 2013 - 09:53 GMT

NBAD launches groundbreaking pension & savings scheme for expats

Al Bawaba
February 5th, 2013 - 08:37 GMT

Liverpool FC fans get the chance to win a limited edition signed shirt

Al Bawaba
February 5th, 2013 - 04:40 GMT

Dubai Islamic Bank 2012 net profit rises to AED 1.19 billion

Banks in the Gulf lack lending and credit underwriting experience outside their region, which we view as a significant risk factor
February 4th, 2013 - 12:25 GMT

GGC banks snapping up MENA rivals

Iran's former Central Bank boss is thought to have been arrested on suspicion of money laundering
February 4th, 2013 - 11:35 GMT

Iran's former central bank chief arrested on suspicion of money laundering

Lebanon's five listed banks posted losses only masked by the sale of Audi’s insurance arm, LIA Insurance SAL
February 4th, 2013 - 08:59 GMT

Lebanon's banks decline masked by insurance company sale

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