Axis Bank launches premium personal banking
Axis Bank, India’s third largest private sector bank, has announced the launch of Burgundy, its premium personal banking service. …
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‘UniCredit bonds not an exit from bank investment’: Aabar
Abu Dhabi fund Aabar Investments said its sale of €2 billion ($2.2 billion) of bonds exchangeable into shares of UniCredit…
Jordan Islamic Bank posts net profit of $63.6m
Jordan Islamic Bank, a subsidiary of Bahrain-based Al Baraka Banking Corp, reported 2014 net profit of BD45.1 million ($63.6 million),…
Gulf Bank wins Asian Banker’s award
Gulf Bank today announced that it has been recognized as the ‘Best Retail Bank in Kuwait’ by The Asian Banker,…
Emirates NBD ranked among top 25 Global Banks on Social Media
Emirates NBD, a leading bank in the region, has been ranked 25th among all banks active on social media in…
UAE-backed Wessal Capital begins work on portion of €530m Casablanca revamp
A UAE-backed investment fund has started work on a €530 million (Dh2.13 billion) project to revamp the Moroccan city of…
Regulation of credit rating agencies in KSA
Anum Saleem, Senior Associate at Eversheds, Riyadh spoke to Zoya Malik about the benefits of proposed regulations on KSA credit…
Egypt's Arab Investment Bank and IDB unit launch leasing firm
The Islamic Corporation for the Development of the Private Sector, the private sector arm of the Islamic Development Bank Group,…
QNB selects NCR APTRA Activate Software to Transform Banking Services
QNB, one of the World's Strongest Banks, has signed a software professional services agreement with NCR Corporation, the global leader…
Dar Al-Arkan says land tax unlikely to hurt business
Dar Al-Arkan Real Estate Development Co., one of Saudi Arabia's largest listed property firms, said a planned tax on undeveloped…
Un-Islamic clients of Islamic banks
International and national studies indicate that corruption is very common in Turkey. A social reflection of that issue is the…
Turkey plans to join China-led Asian infrastructure bank -Treasury
Turkey intends to become member of the China-led Asian Infrastructure and Investment Bank, the Treasury said on Thursday. At least…