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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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Saudi Central Bank Reiterates Commitment to Riyals-Dollar Peg
May 5th, 2020 - 07:15 GMT

Saudi Central Bank Reiterates Commitment to Riyals-Dollar Peg

NBO is also enabling customers to make donations to the cause through its mobile app and at ATMs.
May 4th, 2020 - 10:44 GMT

National Bank of Oman Supports Healthcare Workers With Its COVID-19 Omr 1 Million Rial Relief Initiative

Saudi Industrial Development Fund Digitally Transforms to Boost Sar184 Billion Industrial Market
May 4th, 2020 - 09:05 GMT

Saudi Industrial Development Fund Digitally Transforms to Boost Sar184 Billion Industrial Market

Al Ansari Exchange Supports the Humanitarian Efforts of  Emirates Red Crescent With Million Dirham Donation
May 3rd, 2020 - 07:32 GMT

Al Ansari Exchange Supports the Humanitarian Efforts of Emirates Red Crescent With Million Dirham Donation

Lebanon: Central Bank Governor Rejects the Blame, Points Fingers on ‘ State Spenders’
April 30th, 2020 - 09:00 GMT

Lebanon: Central Bank Governor Rejects the Blame, Points Fingers on ‘ State Spenders’

Dubai Islamic Bank 1st Quarter 2020 Group Financial Results
April 30th, 2020 - 08:00 GMT

Dubai Islamic Bank 1st Quarter 2020 Group Financial Results

According to global consumer sentiment data, more than 70 percent of respondents in the Middle East are now using some form of contactless payment
April 30th, 2020 - 07:49 GMT

MasterCard Study Shows Consumers in the Uae Make the Move to Contactless Payments for Everyday Purchases, Seeking Touch-Free Payment Experiences

MoF Receives the Federal General Budget Draft for 2021 From the Federal Entities Through Its Automated Budget Preparation System
April 30th, 2020 - 07:13 GMT

MoF Receives the Federal General Budget Draft for 2021 From the Federal Entities Through Its Automated Budget Preparation System

World Bank Grants Jordan $20 Million Relief Package
April 29th, 2020 - 02:00 GMT

World Bank Grants Jordan $20 Million Relief Package

HSBC Scolded for Blocking Donations to Palestinian Aid Charity
April 29th, 2020 - 10:00 GMT

HSBC Scolded for Blocking Donations to Palestinian Aid Charity

Arab Central Banks: Fast Transition to Digital Services is Key to Support Sustainable Economic Development
April 29th, 2020 - 08:30 GMT

Arab Central Banks: Fast Transition to Digital Services is Key to Support Sustainable Economic Development

HSBC Q1 Profits Slash by Half Amid Pandemic Hit
April 28th, 2020 - 10:00 GMT

HSBC Q1 Profits Slash by Half Amid Pandemic Hit

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