07/19/2019
In December 2018, UAE officially announced that it would assist Pakistan to help it overcome international payment crisis and to avoid the deal with the International Monetary Fund, which contained strict terms and conditions.
07/19/2019
The revised norms will result in banks facing a shift in the relative attractiveness of different types of exposures, which will also impact the attractiveness of adopting an internal model based approach to credit or market risk, KPMG said.
07/17/2019
The company is asking creditors to reschedule repayments on debt over the originally agreed period that ends in 2026, people familiar with the matter said, asking not to be identified because the information is private.
07/17/2019
The publication complements KPMG’s GCC listed banks’ results report, which sets out some of the key financial indicators, issues and expected trends in the future for the banking industry in the region.
07/17/2019
The bank said in a press release that overall currency and assets reached by the end of May KD 11.2 billion ($36.9 billion), including paper and metallic banknotes, namely foreign currencies in circulation for securing payments.