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    UAE national banks’ total assets reached Dhs2.8 trillion in July

    26 Sep 2020

    The total value of national banks’ assets rose by around 0.7 per cent on a monthly basis in July to Dhs2.8 trillion, up from Dhs2.78 trillion by the end of June 2020.

    Assets of four largest national banks hit Dhs2.36 trillion mark

    01 Nov 2020

    The total value of assets of the four largest national banks in the country increased by about 10 per cent by the end of the first nine months of this year, to reach Dhs2.36 trillion, compared to Dhs2.14 trillion at the end of the same period in 2019.

    Canadian banks warn of a rise in credit impairments next year

    29 Aug 2020

    Canadian banks are warning of a rise in credit impairments over the next year as the unwinding of government aid and loan deferral programmes in coming months expose lenders to the real damage to customers from the coronavirus crisis.

    Global banks ‘transferred’ over $2 trillion of suspicious money

    21 Sep 2020

    Global banks faced a fresh scandal about dirty money on Monday as they sought to limit the fallout from a cache of leaked documents showing they transferred more than $2 trillion in suspect funds over nearly two decades.

    Japan bank lending deposits rise despite pandemic problems

    12 Jan 2021

    Japanese bank lending continued to rise in December to hit a fresh record, data showed on Tuesday, as companies kept piling up cash to weather the fallout from the coronavirus pandemic. Outstanding loans held by the country’s four main categories of banks,

    Abu Dhabi banks’ net income amounts to Dhs9.6b in 3 months

    14 May 2020

    Commercial and Islamic banks operating in Abu Dhabi recorded a total net income of around Dhs9.6 billion in the first quarter of 2020, according to data issued on Thursday by the Statistics Centre-Abu Dhabi.

    Indian bank mergers on solid track

    25 May 2020

    The amalgamation of 10 public sector banks into four has been working smoothly for the past two months without any heartburns as the employee benefit schemes have been extended to all the employees, said a top official of All India Bank Employees’ Association (AIBEA).

    Hub71 collaborates with UAE banks to support tech startups

    25 Jun 2020

    Hub71 has collaborated with two leading banks, Mashreq Bank and First Abu Dhabi Bank, to help identify and solve the pain points faced by startups. This follows the launch of Hub71’s White Paper which explored the challenges that startups face when opening a UAE bank account.

    British banks scrap dividends after pressure from regulator

    01 Apr 2020

    Britain’s top banks have axed dividend payments after pressure from the regulator, saving their capital as a buffer against expected losses from the economic fallout from the coronavirus.

    India plans to reduce number of state-owned banks: Sources

    20 Jul 2020

    The government is working on a privatisation plan to help to raise money by selling assets in non-core companies and sectors when the country is strapped for funds due to lack of economic growth caused by the coronavirus pandemic.

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