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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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NBO Pledges Additional Funds To the Fight Against COVID-19
December 15th, 2020 - 08:01 GMT

NBO Pledges Additional Funds To the Fight Against COVID-19

KPMG: Saudi Banks Stay Resilient Amid Pandemic, Backed by New Regulations
December 15th, 2020 - 07:50 GMT

KPMG: Saudi Banks Stay Resilient Amid Pandemic, Backed by New Regulations

India Tops China As Most-Preferred FDI Hub for Gulf Investors
December 15th, 2020 - 07:00 GMT

India Tops China As Most-Preferred FDI Hub for Gulf Investors

Sensex Falls in Early Trade Following Weak Trend in Global Markets
December 15th, 2020 - 07:00 GMT

Sensex Falls in Early Trade Following Weak Trend in Global Markets

Moody's: 2021 Will Be a Challenging Year for GCC Banks
December 14th, 2020 - 01:30 GMT

Moody's: 2021 Will Be a Challenging Year for GCC Banks

Burgan Bank and Visa Collaborate To Bring Cardholders  Convenient Transaction Control of Cards
December 14th, 2020 - 10:54 GMT

Burgan Bank and Visa Collaborate To Bring Cardholders Convenient Transaction Control of Cards

FAB Partners With Visa To Launch Virtual Card Payment Solutions for Corporates
December 14th, 2020 - 08:09 GMT

FAB Partners With Visa To Launch Virtual Card Payment Solutions for Corporates

Al Baraka Islamic Bank Launches Campaign To Reward Credit Card Customers
December 13th, 2020 - 11:25 GMT

Al Baraka Islamic Bank Launches Campaign To Reward Credit Card Customers

Sharjah Islamic Bank Obtains Accreditation Certificate From the World Disability Union
December 13th, 2020 - 10:38 GMT

Sharjah Islamic Bank Obtains Accreditation Certificate From the World Disability Union

Burgan Bank Announces Names of the Daily Lucky Winners of Yawmi Account Draw
December 13th, 2020 - 09:22 GMT

Burgan Bank Announces Names of the Daily Lucky Winners of Yawmi Account Draw

NBO Joins Skill-Building Programme, Khibrat, To Train Omani Youth for Work
December 13th, 2020 - 07:47 GMT

NBO Joins Skill-Building Programme, Khibrat, To Train Omani Youth for Work

Ajman Bank Wins the Best Professional Practices for Internal Audit Award at the 9th International Conference of Audit
December 13th, 2020 - 06:49 GMT

Ajman Bank Wins the Best Professional Practices for Internal Audit Award at the 9th International Conference of Audit

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