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Banking and Finance

Banking and Finance latest

NBB Recognised with Citi 2024 STP Award for Excellence in Treasury Payment Processing
December 29th, 2025 - 04:48 GMT

NBB Recognised with Citi 2024 STP Award for Excellence in Treasury Payment Processing

The National Bank of Bahrain (NBB) has been awarded the Citi 2024Straight-Through Processing (STP) Award in recognition of its exceptional performance in treasury payment processing. Based on Citi’s independently verified analysis of NBB’s full-year 2024 payment data, the Bank achieved an STP rate of 99.5%, exceeding the global qualification benchmark of 95%. Commenting on the occasion Ali Abdulkarim, Group Chief Executive, Corporate and Commercial Banking at NBB, stated, “We are honoured to receive this award from Citi, which reflects the dedication of our teams and the progress we have made ...
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Accounting is Evolving and You Should Too
June 10th, 2020 - 10:00 GMT

Accounting is Evolving and You Should Too

UAE: US Bank Acquires 1.51 Percent Stake in Dubai's Largest Bank
June 10th, 2020 - 09:30 GMT

UAE: US Bank Acquires 1.51 Percent Stake in Dubai's Largest Bank

Dubai Islamic Bank successfully closes landmark USD 1 billion Sukuk
June 10th, 2020 - 08:11 GMT

Dubai Islamic Bank Successfully Closes Landmark USD 1 Billion Sukuk

Al Hilal Bank sells Al Hilal Takaful to Siraj Holdings LLC
June 9th, 2020 - 12:50 GMT

Al Hilal Bank sells Al Hilal Takaful to Siraj Holdings LLC

UAE: Banks to Layoff 10-15 Percent of Workforce
June 9th, 2020 - 08:00 GMT

UAE: Banks to Layoff 10-15 Percent of Workforce

Saudi Arabia Deploys Blockchain Technology for Money Transfers
June 9th, 2020 - 06:05 GMT

Saudi Arabia Deploys Blockchain Technology for Money Transfers

FAB Issues Hkd750 Million Five-Year Green Bond
June 8th, 2020 - 11:00 GMT

FAB Issues Hkd750 Million Five-Year Green Bond

Subhradeep brings over 19 years of diverse and international experience in the banking sector to the AME region
June 8th, 2020 - 10:33 GMT

Standard Chartered Appoints CFO for Africa and Middle East

UAE: Stocks Soar As OPEC+ Extend Oil Cuts Deal
June 7th, 2020 - 10:00 GMT

UAE: Stocks Soar As OPEC+ Extend Oil Cuts Deal

KPMG Report Reveals New Age Banking Trends
June 3rd, 2020 - 11:06 GMT

KPMG Report Reveals New Age Banking Trends

Bank ABC Group Enters Founding Partnership Agreement With Bahrain FinTech Bay
June 3rd, 2020 - 05:48 GMT

Bank ABC Group Enters Founding Partnership Agreement With Bahrain FinTech Bay

Asian Stocks Make Modest Rise After Wall Streets Gains, Economies Reopen
June 2nd, 2020 - 01:00 GMT

Asian Stocks Make Modest Rise After Wall Streets Gains, Economies Reopen

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