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Abu Dhabi Islamic Bank in the UK (ADIB UK), has provided financing for the Bank of London and the Middle East (BLME), to acquire a Dhs120 million (GBP26.95 million) Grade...
A flurry of interest rate cuts by the US Federal Reserve and a host of other central banks marks the broadest shift in global monetary policy since the depths of...
China’s central bank unveiled a key interest rate reform on Saturday to help steer borrowing costs lower for companies and support a slowing economy that has been hurt by a...
Mexico’s central bank (CB) has hinted that further monetary policy easing could be on the way. The bank cut its key lending rate on Thursday for the first time since...
The Reserve Bank of India (RBI) clarified that those transactions which fail on account of technical and other specified reasons shall not be included in the ‘five free monthly ATM...
Battered by years of low interest rates, eurozone banks are looking at a multi-billion-euro consolation prize if the ECB grants them an expected reprieve from its penalty charge on deposits,...
Central banks in Asia, Australia and New Zealand (NZ) have joined a brewing global currency war by slashing interest rates and pledging to keep them down, worrying markets over the...
Thailand’s central bank (CB) unexpectedly cut its benchmark interest rate, expressing worry about strength of the baht and aiming to help support faltering growth. The Bank of Thailand (BOT), which...
Business Bureau, Gulf Today Ajman University (AU) and Noor Bank, as part of their social responsibility towards indigent students, and in a bid to promote Islamic banking and finance industry,...
HSBC ousted John Flint as chief executive after just 18 months in a shock move the chairman of Europe’s biggest bank said was needed to speed up progress on priority...