03/15/2018

New Saudi company to facilitate GCC wire transfers

The development comes following a Reuters report in December that the UAE’s central bank governor Mubarak Rashed al-Mansouri had confirmed plans to issue a digital currency for cross-border transactions between the UAE and Saudi Arabia.

03/14/2018

ACC quizzes three AB Bank officials

The three officials are Head of Corporate Treasury Mohammad Mahfuz Ul Islam, Head of Offshore Banking Unit Mohammad Lokman, and Senior Vice President MN Azim.