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    Consumers’ trust in UAE banking increases from 68% to 74%: Survey

    12 Sep 2019

    UAE Banks Federation (UBF) has unveiled the results of its 2018 Trust Index Survey, which has been recently completed, revealing that 74% of respondents had high trust in the UAE banking sector, up from 68% in 2017.

    China bank loans rise in August, further policy easing expected

    13 Sep 2019

    China’s banks extended new yuan loans in August as policymakers ratcheted up support for the slowing economy, and further policy easing is expected in coming weeks as the Sino-US trade dispute takes a bigger toll on the economy.

    FAB rejects Qatar's financial regulatory authority allegations

    25 Aug 2019

    Abu Dhabi's First Abu Dhabi Bank (FAB), on Sunday rejected allegations by the Qatar Financial Centre Regulatory Authority (QFCRA), that its branch in the Qatar Financial Centre had failed to provide appropriate financial disclosures.

    Era of Swiss bank secrecy in India is over, details to come from September

    31 Aug 2019

    The development is a major success of the Modi government's fight against black money.

    India announces series of mergers of state-run banks

    30 Aug 2019

    The mergers, which cut to 12 the total number of state-owned banks from 27 in 2017, are the first since Indian Prime Minister Narendra Modi's government won re-election in late May.

    HSBC to offer fee reductions to SMEs

    29 Aug 2019

    HSBC would offer rebates and fee reductions for small and medium-sized companies in Hong Kong, as the city’s economy struggles. Hong Kong is on the verge of its first recession in a decade, weighed down by the prolonged US-China trade war

    Man steals credit card info of 1,300 people by memorising it

    09 Sep 2019

    The 34-year-old clerk, working at a mall in Koto City, near Tokyo allegedly memorised the 16-digit credit card number, security code and expiry date of customers and used it to make purchases online.

    RBI clarifies free ATM transactions' issue

    16 Aug 2019

    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 transactions’.

    Mexico’s rate cut hints further monetary policy easing on way

    17 Aug 2019

    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 June 2014, citing slowing inflation and increasing slack in the economy.

    China unveils rate reform to support a slowing economy

    17 Aug 2019

    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 trade war with the United States.

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