Banks (Finance)
Bank Nizwa, the leading Islamic bank in Oman, has introduced a profession-based retail product bundle designed specifically for individuals working in the education and healthcare sectors. This innovative offering acknowledges the invaluable contributions of these professionals and provides a comprehensive banking experience that caters to their unique needs. The bundle
Banks (Finance)
The Syria International Islamic Bank (SIIB) saw substantial trading on the Damascus Securities Exchange (DSE) on June 17, 2025, with its stock undergoing a notable price change. The trading volume for the day reached 26,221 shares, indicating a dynamic trading environment. The bank's stock is categorized under
Banks (Finance)
Qatar Islamic Bank witnessed a moderate decline in its stock price on the Qatar Stock Exchange (QSE) on June 17, 2025, despite a trading volume of 1.36 million shares and a traded value of QR 29.54 million. The stock opened at QR 21.80 and reached a high
Banks (Finance)
A former investment advisor, Jesse T. Hill, has pleaded guilty to conspiracy to commit bank fraud in connection with a $45 million loan scam that involved 19 Nebraska and Iowa banks. The scandal led to the suicide of Lincoln businessman Aaron Marshbanks, who had invested with Hill. Marshbanks had been
Banks (Finance)
The global economy remains vulnerable to oil price shocks, particularly with tensions in the Middle East escalating to boiling point. While oil prices have not yet risen to a level that would cause significant concern, liquefied natural gas (LNG) prices could become a major component in the global energy mix,
Banks (Finance)
Brazil and other Latin American emerging markets are becoming increasingly attractive to foreign investors as the US dollar's status as a reserve currency is challenged. Top-tier firms such as Morgan Stanley and UBS Wealth Management are adjusting their investment advice to reflect this trend, projecting strong growth for
Banks (Finance)
A police constable in Nankana Sahib was booked for harassing a female bank official, while another constable, Abdul Qadeer Kaka, was arrested in an eight-year-old murder case in Millat Town. Meanwhile, the Anti-Corruption Establishment registered a case against a patwari and six accomplices for allegedly transferring land to other people
Banks (Finance)
The Islamic Corporation for the Development of the Private Sector (ICD) and Golden Global Investment Bank have entered into a landmark agreement to bolster economic growth in Türkiye. The USD 20 million Commodity Murabaha Facility will support private sector projects, particularly small and medium-sized enterprises (SMEs) and corporates operating in
Banks (Finance)
Nigerian banks, such as FirstHoldco, Zenith Bank, UBA, FCMB, and Access Bank, are struggling to maintain financial resilience amidst the Central Bank of Nigeria's (CBN) new directives aiming to strengthen banks' capital buffers and curb regulatory forbearance abuses. A report by Renaissance Capital, titled 'Nigerian Banks:
Banks (Finance)
The Islamic Corporation for the Development of the Private Sector (ICD) and Golden Global Investment Bank have entered into a landmark agreement to support economic growth in TÈrkiye. The USD 20 million Commodity Murabaha Facility is designed to support private sector projects, particularly small and medium-sized enterprises (SMEs) and
Banks (Finance)
The Central Bank of Nigeria's directive to top banks has led to a multi-year dividend drought for some of the country's largest lenders. Access Holdings Plc, Zenith Bank Plc, and First Bank Holdings may suspend dividend payments until 2028 as they confront regulatory pressure to rebuild
Banks (Finance)
DeFi Technologies' venture portfolio company, AMINA Bank AG, has announced a significant increase in revenue and assets under management in 2024, reaching a revenue of $40.4 million and a growth of 69%, while its assets under management surged by 136% to $4.2 billion. The bank's
