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Abu Dhabi, UAETuesday 11 December 2018

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Showing 1 - 10 results of 810 for "Business/Banking"

Societe Generale headquarters in Puteaux near Paris. The bank is to start a new operation in the city ahead of Brexit. Reuters

French lender SocGen to open Paris hub ahead of Brexit

Clearing in euro-denominated transactions has become a political battleground since Britain voted to leave the EU

December 10, 2018
New bank customers can only receive chequebooks containing 10 cheques, according to a new Central Bank directive. istockphoto.com

UAE Central Bank says lenders must do credit checks before issuing chequebooks

The new directive is another boost to responsible lending practices in the Emirates

December 10, 2018
The headquarters of Danske Bank in Copenhagen, Denmark. Bloomberg

Danske looking into selling its Swedish pension assets

Denmark’s biggest bank finds itself embroiled in one of Europe’s worst ever money laundering cases

December 8, 2018
Gulf banks are posting higher profits this year compared to 2017 thanks to economic expansion led by the recovery in oil prices. ana Smillie for The National

Fitch maintains stable outlook for Gulf Islamic lenders on economic boost

Sharia-compliant lenders will remain profitable, well capitalised and supported by governments

December 6, 2018
Monzo CEO Tom Blomfield helped raise £85 million from private investors earlier this year (Getty)

Monzo crowdfunds £18 million in less than three hours

Monzo has raised £20 million overall since Monday

December 5, 2018
Moody's says outlook for Gulf banks is stable as current oil prices support increased state spending. Reuters

Moody's says Gulf banks' 2019 outlook stable as oil prices boost state spending

Banks in UAE, Kuwait and Saudi Arabia will remain resilient in next 12-18 months, credit rating agency says

December 5, 2018
ADGM concluded the first phase of its FinTech initiative to help banks with Know Your Customer rules. Mona Al Marzooqi / The National

Abu Dhabi Global Market concludes FinTech banking pilot

Group of UAE banks formed consortium to trial e-Know-Your-Customer scheme

December 4, 2018
Simon Charlton, chief restructuring officer of Al Gosaibi. The company became the first Saudi firm to file for settlement under the new Saudi bankruptcy law. Satish Kumar / The National 

Algosaibi seeks settlement under Saudi bankruptcy law in bid to resolve 10-year legal saga

Saudi family conglomerate filed for protective settlement procedure with Commercial Court in Dammam

December 3, 2018
Amsterdam is a popular destination for a Brexit exodus. AP

About 50 financial firms turn to the Netherlands as Brexit looms

Companies are considering licences outside the UK to maintain access to EU customers

December 3, 2018
Skyline of Kuwait City from the Kuwait Towers. Kuwait banks' yearly earnings are expected to grow in 2019 compared to 2018. Andrew Henderson / The National 

Kuwait banks to post higher earnings in 2019 on robust project spending and higher consumer confidence

Average earnings forecast to rise driven by an increase in loans in 2019, EFG-Hermes says

December 2, 2018