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Banking and Finance

Banking and Finance latest

Bitget Protection Fund Averaged $735M in September, 145% Above Initial Allocation
October 24th, 2025 - 05:54 GMT

Bitget Protection Fund Averaged $735M in September, 145% Above Initial Allocation

Bitget, the world's largest Universal Exchange (UEX) today released its September 2025 Protection Fund Valuation Report, registering an average monthly valuation of $735,503,167, a level roughly 145% higher than the fund’s original $300 million allocation at launch in 2022. The fund peaked at $761,442,500 on September 18 and recorded a monthly low of $708,266,000 on September 24, reflecting steady strength through market fluctuations. Established in 2022 with a stated floor of $300 million, the Protection Fund is designed to provide a transparent, readily verifiable buffer for user assets during abnormal ...
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Visa, Plaid Terminate $5.3 Billion Merger Deal
January 13th, 2021 - 01:30 GMT

Visa, Plaid Terminate $5.3 Billion Merger Deal

Al Salam Bank Holds its Annual Town Hall
January 13th, 2021 - 10:55 GMT

Al Salam Bank Holds its Annual Town Hall

Saudi Arabia: SAMA Announces New Rules on Debt Crowdfunding
January 13th, 2021 - 10:00 GMT

Saudi Arabia: SAMA Announces New Rules on Debt Crowdfunding

Mastercard Global Outlook 2021 Highlights Permanent Shift To Digital and Opportunity To Boost Financial Inclusion in the Middle East and Africa
January 13th, 2021 - 09:38 GMT

Mastercard Global Outlook 2021 Highlights Permanent Shift To Digital and Opportunity To Boost Financial Inclusion in the Middle East and Africa

BisB Appoints a Judging Panel for the Fintech Competition ‘BisB Innovation Challenge’
January 13th, 2021 - 09:30 GMT

BisB Appoints a Judging Panel for the Fintech Competition ‘BisB Innovation Challenge’

Bahrain, Israel Sign FinTech Cooperation Agreement
January 13th, 2021 - 08:00 GMT

Bahrain, Israel Sign FinTech Cooperation Agreement

World Bank Plans to Invest $5 Billion in 11 African Nations
January 12th, 2021 - 08:00 GMT

World Bank Plans to Invest $5 Billion in 11 African Nations

Saudi Arabia: SAMA Mulling 3 Requests for Consumer Microfinance Licenses
January 12th, 2021 - 07:15 GMT

Saudi Arabia: SAMA Mulling 3 Requests for Consumer Microfinance Licenses

Al Salam Bank Bahrain Launches Its Latest  Personal and Property Financing Campaign
January 11th, 2021 - 11:58 GMT

Al Salam Bank Bahrain Launches Its Latest Personal and Property Financing Campaign

Halah Hamdi Taha Aladawi Wins KD4000 in Burgan Bank’s Value Account Draw
January 11th, 2021 - 10:17 GMT

Halah Hamdi Taha Aladawi Wins KD4000 in Burgan Bank’s Value Account Draw

South Korea: Bond Sales Surge 23 Percent in 2020
January 11th, 2021 - 09:30 GMT

South Korea: Bond Sales Surge 23 Percent in 2020

FAB Issues Five-Year USD 500 Million Sukuk
January 11th, 2021 - 07:44 GMT

FAB Issues Five-Year USD 500 Million Sukuk

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