03/30/2020
Highly-indebted country has a four-point agenda of structural reforms, fiscal consolidation, banking sector reorganisation and debt restructuring
03/30/2020
Governor Mubarak Al Mansoori said the banking workforce is fully prepared to support the UAE’s economy during this particular time
03/27/2020
These measures, which vary in magnitude and scope, are intended to mitigate the economic and fiscal effects on businesses and individuals.
03/26/2020
The goal is to ensure that households and businesses are able to keep their heads above water until the health crisis can be contained, so that the economy is ready to rebound once the worst of the pandemic has passed.
03/26/2020
Shareholders also approved the reduction in the bank's issued and paid capital
03/26/2020
In fluid situations, these conditions are hard to meet.
03/26/2020
Scammers posing as a legitimate charity foundation are hiring online customer service representatives that are required to do some groundwork in an initial stage.
03/26/2020
Enabling them to achieve their transactions safely online
03/26/2020
Officials are worried the crisis that has hit the thriving tourist sector, which generates around $5bn annually, will slash growth projections and deepen an economic downturn
03/26/2020
The measures include 10 banking-related initiatives specifically for individuals, and seven financial initiatives for SMEs.
03/26/2020
The bank also cancelled fees on points of sale transactions and ATM withdrawals, it said.
03/26/2020
Analysts have praised the speed and depth of commitment by central banks and governments across the world in responding to the virus.
03/26/2020
The move is in line with the efforts to prevent the spread of coronavirus
03/25/2020
Lebanon suspended payments on all $31.3b of its international ‘eurobonds’ this month
03/25/2020
The bank also announced that women employees will be granted additional benefits
03/24/2020
Both countries risk potential exposure from significant Iranian populations and trade.
03/24/2020
The heavily indebted state had suspended this month a $1.2bln Eurobond repayment and declared it could not meet debt maturities
03/24/2020
The initiative is in recognition of their enormous efforts to safeguard health of citizen, residents
03/24/2020
Al Baraka Banking Group B.S.C held its Ordinary General Meeting on 23 March 2020 at Al Baraka headquarters in Bahrain Bay, Manama, in the Shaikh Saleh Kamel Hall, by a quorum of 82.78% .
03/24/2020
The bank is a strategic partner of the UAE in various sectors and we value its commitment to playing an active role in society and in supporting future generations."