11/18/2020
This transaction, which involves creating a mudaraba based subordinated perpetual financial "equity-like" instrument, is the world's largest ever Islamic finance transaction
11/17/2020
CBUAE will now extend for another six months, starting from January, the duration of a "Zero Cost Facility" aimed at easing liquidity management for banks
11/17/2020
Sami stressed that the CIB pays great attention to the Central Bank of Egypt’s notices regarding compliance issues, and that the necessary mechanisms are being put in place to avoid the repetition of these issues in the future
11/16/2020
Al-Subaiei pointed out that the service is available to citizens and residents in the State of Kuwait, starting from the age of 15, according to the bank's terms and conditions.
11/13/2020
In recent years, state lenders unsuccessfully tried to support the collapsing lira with unannounced interventions in foreign-exchange markets, and the previous governor, Murat Uysal, presided over a series of surprise rate decisions.
11/13/2020
Under all three processes, creditors are obliged to provide evidence of their debts, including supporting documents, within reasonably tight timescales.