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    Bank of Sharjah receives approvals for bonus share issue

    Bank of Sharjah receives approvals for bonus share issue

    25 Jun 2021

    Staff Reporter, Gulf Today Bank of Sharjah has announced that it has received regulatory approvals from the UAE Central Bank and Abu Dhabi Securities Exchange for its Dhs100 million...

    SIB to offer greater accessibility

    SIB to offer greater accessibility

    20 Jun 2021

    Sharjah Islamic Bank (SIB) recently opened a new office at Al Qasimia University (AQU), to expand its reach and offer greater accessibility to the varsity’s employees and students. The new...

    HSBC takes $2.3 billion hit with sale of French retail bank

    HSBC takes $2.3 billion hit with sale of French retail bank

    18 Jun 2021

    HSBC has agreed to sell its French retail bank to Cerberus-backed My Money Group in a deal which will mean a loss of around $2.3 billion for the British bank...

    Sharjah Islamic Bank opens new branch in Abu Dhabi Mall

    Sharjah Islamic Bank opens new branch in Abu Dhabi Mall

    18 Jun 2021

    Gulf Today, Staff Reporter Sharjah Islamic Bank (SIB) has opened  its newest branch in Abu Dhabi Mall. The decision serves as a key step forward in strengthening the bank’s network...

    CBUAE introduces whistleblowing portal to report misconduct

    CBUAE introduces whistleblowing portal to report misconduct

    07 Jun 2021

    The Central Bank of the UAE (CBUAE) has launched a new whistleblowing portal, an encrypted channel that allows internal and external stakeholders to anonymously raise any concern related to...

    Meeting highlights ways to promote secure banking system in the UAE

    Meeting highlights ways to promote secure banking system in the UAE

    04 Jun 2021

    UAE’s SWIFT User Group Steering Committee & National Member Group (SUGSCNMC) held its 2021 Annual General Meeting (AGM), virtually. The meeting was presided over by Jamal Saleh, Chairman of...

    RBI announces Rs16,000 crore liquidity for SIDBI

    RBI announces Rs16,000 crore liquidity for SIDBI

    04 Jun 2021

    In a move to support small and medium businesses in their credit requirements, the Reserve Bank of India (RBI) has announced a special liquidity facility of Rs16,000 crore for Small...

    Money Supply aggregate M1 hits Dhs644.4b: CBUAE

    Money Supply aggregate M1 hits Dhs644.4b: CBUAE

    01 Jun 2021

    The Central Bank of the UAE (CBUAE) has announced that the Money Supply aggregate M1 increased 0.3 per cent, from Dhs642.3 billion at the end of March 2021 to...

    Plan to address accumulated losses by end of September

    Plan to address accumulated losses by end of September

    23 May 2021

    S taff Reporter The Invest bank stated that the Sharjah government in its capacity as the main shareholder of the bank at a rate of 50.07 per cent has established...

    SBI confident of asset quality after posting record profit in Q1

    SBI confident of asset quality after posting record profit in Q1

    21 May 2021

    Top lender State Bank of India sought to allay concerns about its asset quality and forecast credit growth in low double digits for the full year, after reporting earnings...

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