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Banking

Banking latest

Bank Melli Iran
June 14th, 2026 - 12:14 GMT
P. Choiaqo

P. Choiaqo

Cyberattack hits four banks in Iran

ALBAWABA - A cyberattack on Sunday targeted Iran's banking industry, affecting four banks; Bank Melli, Bank Tejarat, ​Bank Saderat and ​the Export Development Bank of ‌Iran. The attack, targeting a shared communication structure used by each of the four banks had technical teams scrambling to secure the banks' systems and implement protective measures, it was reported that there was no effect or breach on customer data, according to Iran's banking ...
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RuPay is run by the National Payments Corporation of India and competes with other global card payments systems.
August 26th, 2019 - 08:10 GMT

India's RuPay Card System Launches in Bahrain

On June 19, FAB had informed QFCRA that it would relinquish its QFC branch licence and permanently close the branch.
August 26th, 2019 - 07:00 GMT

Qatar Imposes $55 Million Fine on UAE's Largest Bank

Russian economic delegation will visit Iran's northern provinces in near future
August 15th, 2019 - 12:30 GMT

Iran, Russia to Boost Banking Cooperation in Near Future

Bahraini commercial banks in Bahrain Bourse have jumped to BD640 million in the first six months of the current year
August 15th, 2019 - 08:00 GMT

Bahrain Government Must Intervene to Curb Banks Charging High Interest Rates

Some banks are using robots to make their banking services easier to access.
July 16th, 2019 - 07:58 GMT

People Using Digital Banking in UAE Soar to 90 Percent

The vast restructuring -- which will see 18,000 job losses -- is forecast to cost 7.4 billion euros ($8.3 billion) and will shrink the bank’s capital buffers.
July 10th, 2019 - 06:13 GMT

Deutsche Bank Continues Its Restructuring Process in New York, Tokyo, London

The lender announced the job losses on Sunday as part of a restructuring plan that will ultimately cost $8.31 billion.
July 8th, 2019 - 08:29 GMT

Deutsche Bank Starts 18,000 Global Job Cuts by Eliminating Teams in Asia-Pacific

Overall loans to deposit ratio (LDR) increased to 88.3 per cent with eight of top nine banks in the LDR "green zone" of between 80 and 100 per cent.
June 27th, 2019 - 07:48 GMT

Non-Performing Loans Fall in UAE After New Central Bank Methodology

AI technology has arrived in the Arab region where the rate of adoption is steadily increasing.
June 18th, 2019 - 01:00 GMT

AI Projected to Save Banking Industry Over $1 Trillion by 2030

Even if you go digital, you still need a physical presence in one form or the other.
June 16th, 2019 - 08:06 GMT

Will FinTech Wipe Off Bank Branches?

The employee population in all Abu Dhabi-based banks stood at 11,871, with the average compensation per employee rising 5.7 percent to Dh43,411.
May 30th, 2019 - 11:00 GMT

Abu Dhabi Banks’ Interest Earnings Hit $2.1 Billion in Q1 2019

Moody's expects Bahraini banks' funding and liquidity conditions will remain healthy.
May 30th, 2019 - 08:30 GMT

Moody's Changes Bahrain's Banking System's Outlook to Stable

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