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UAE Banks Federation (UBF) has unveiled the results of its 2019 Trust Index Survey revealing growing customer confidence in UAE banks, with 76% of respondents having high trust in the banking sector, up from 74% in 2018.
First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest and safest financial institutions, reported its financial results for the first half ended 30 June 2020.
Value of funds collected through the UAE Direct Debit system (UAEDDS) of the Central Bank of the UAE (CBUAE) rose by 7 per cent to Dhs61 billion in 2019 from Dhs57 billion in 2018, according to figures released by the Central Bank of the UAE.
Sharjah, the third-largest emirate of the United Arab Emirates, has hired banks to arrange the issuance of US dollar-denominated 30-year Formosa bonds, a document showed late on Monday.
Bank of Sharjah on Thursday announced the results of the year ended 31 December 2019. The following Management Discussion and Analysis include financial results for Bank of Sharjah and its subsidiaries, together referred to as the ‘Group’.
Banks to tighten lending practices for Singapore’s commodity sector, according to some sources. Commodity trade financiers in Singapore are teaming up to strengthen lending practices and improve transparency
The meeting of the Board of Governors of the Asian Infrastructure Investment Bank (AIIB) has approved the decision to host the Bank’s 2021 annual meeting in the UAE, during EXPO Dubai.
The European Central Bank has to maintain the "safety net" of its massive bond purchases at least until June 2021 to help underpin the economy, the ECB's President Christine Lagarde said on Friday, reaffirming the bank's policy stance.
South Indian Bank Limited (SIB), a major private sector bank headquartered in Kerala, India, will be launching special wealth management service, deposit scheme,
South Korea’s central bank (CB) kept its benchmark policy rate on hold on Thursday, avoiding the risk of fuelling runaway property prices amid government efforts to tamp down on demand in the sector.
