Banking - Global Business Magazine

Chinese Yuan Deposits in Taiwanese Banks Touch Lowest Level in Over Nine Years

Global Business Magazine April 24, 2023

The value of Chinese yuan deposits held by the Taiwanese banking system plummeted to reach the lowest level in more than nine Read More

Banking Featured News Regional

UAE banks are among least exposed to energy transition

Global Business Magazine March 15, 2023

The impact of the shift to renewable energy sources on the oil and gas prices and the desire of investors and customers Read More

Economy Featured News Regional

UAE’s banking sector poised to grow further in 2023

Global Business Magazine January 9, 2023

Posting recovery from the ill-effects of COVID-19 by achieving a growth rate of 7% in 2022, the UAE’s banking sector is preparing itself Read More

Banking Featured News Regional

UAE’s new commercial transaction law helps Islamic Banking sector

Global Business Magazine January 9, 2023

The UAE Banks Federation, said that the Commercial Transactions Law issued by the government, constituted a quantum leap for Islamic financial and Read More

Banking Featured News Regional

Jordan Kuwait Bank Selects Codebase Technologies’ Digibanc Platform for Digital Onboarding and Instant Credit Services

Global Business Magazine January 3, 2023

Jordan Kuwait Bank (JKB), one of Jordan's leading financial institutions, has partnered with Codebase Technologies, one of the fastest growing open API Read More

Banking Featured News Regional

Oman’s Islamic banking sector’s assets increase by 9.1% to reach $16.6 billion

Global Business Magazine December 13, 2022

The total assets of Oman’s Islamic banking sector, including Islamic banks and windows operating in the sultanate, increased by 9.1% year-on-year to Read More

Banking Featured News Regional

UAE’s banking sector cross $900 billion in 2022

Global Business Magazine November 17, 2022

UAE’s banking sector assets have grown 12-fold - from $75 billion in 2000 to over $900 billion in 2022 - a jump from 70% of the Read More

Banking Featured News Regional

Abu Dhabi’s IHC Invests $200 Million in Colombian Digital Bank

Global Business Magazine October 11, 2022

The Abu Dhabi-based diversified conglomerate International Holding Company, on Monday announced a capital investment of $200 million in Lulo Colombia S.A., which Read More

Banking Featured News Regional

The first platform bank in the region Wio launches in UAE

Global Business Magazine September 8, 2022

Wio Bank announced the launch of its operations in the United Arab Emirates (UAE) and became the first platform bank in the Read More

Banking Featured News Regional

Credit Suisse and IPA Qatar announce new partnership

Global Business Magazine September 7, 2022

The Investment Promotion Agency Qatar (IPA Qatar) and Credit Suisse have announced a new partnership in which the bank will expand on Read More

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