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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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Boursa Kuwait Reflects on Its Successful Response To Global Pandemic During ‘Investing in Kuwait’ Virtual Forum
December 13th, 2020 - 04:01 GMT

Boursa Kuwait Reflects on Its Successful Response To Global Pandemic During ‘Investing in Kuwait’ Virtual Forum

Bank ABC Wins the 2020 Gartner Eye on Innovation Award
December 13th, 2020 - 03:26 GMT

Bank ABC Wins the 2020 Gartner Eye on Innovation Award

Emirates Islamic Becomes First Islamic Bank in UAE To Launch Its Award-Winning Mobile App on the Huawei Appgallery
December 10th, 2020 - 11:33 GMT

Emirates Islamic Becomes First Islamic Bank in UAE To Launch Its Award-Winning Mobile App on the Huawei Appgallery

Breaking: Bitcoin Price Falls $1,000 to $18,338 in Worst Sell-Off in a Week
December 10th, 2020 - 07:04 GMT

Breaking: Bitcoin Price Falls $1,000 to $18,338 in Worst Sell-Off in a Week

Burgan Bank Successfully Placed Us$500,000,000 Tier 2 Bonds
December 9th, 2020 - 02:44 GMT

Burgan Bank Successfully Placed Us$500,000,000 Tier 2 Bonds

Al Salam Bank Bahrain Appoints Mahmood Qannati as Head of Marketing & Communications
December 9th, 2020 - 01:21 GMT

Al Salam Bank Bahrain Appoints Mahmood Qannati as Head of Marketing & Communications

Emirates NBD Forges Ahead With Enterprise-Wide Payments Hub Implementation To Drive Real-Time, Seamless Payments Innovation
December 9th, 2020 - 07:44 GMT

Emirates NBD Forges Ahead With Enterprise-Wide Payments Hub Implementation To Drive Real-Time, Seamless Payments Innovation

UAE: ENBD Launches Banking App on Huawei AppGallery
December 8th, 2020 - 12:30 GMT

UAE: ENBD Launches Banking App on Huawei AppGallery

Continuing To Provide Timely Insight for Investors, NBO Hosts Virtual Seminar on Opportunities in the Global Bond Market
December 8th, 2020 - 06:21 GMT

Continuing To Provide Timely Insight for Investors, NBO Hosts Virtual Seminar on Opportunities in the Global Bond Market

Burgan Bank Announces the Winner of the Al-Thuraya Salary Account Monthly Draw
December 7th, 2020 - 10:41 GMT

Burgan Bank Announces the Winner of the Al-Thuraya Salary Account Monthly Draw

BisB Hosts Its Annual Event Virtually in Celebration of the Spirit of Innovation & Collaboration’
December 7th, 2020 - 10:24 GMT

BisB Hosts Its Annual Event Virtually in Celebration of the Spirit of Innovation & Collaboration’

Crypto News Recap: Markets Flashing Green, UN Venture Further into Blockchain
December 7th, 2020 - 07:05 GMT

Crypto News Recap: Markets Flashing Green, UN Venture Further into Blockchain

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