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Abu Dhabi, UAESunday 22 April 2018

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Showing 1 - 10 results of 438 for "Business/Banking"

Governor of the Bank of Japan, Haruhiko Kuroda, is among central bankers concerned over the spat between the US and China. Andrew Caballero-Reynolds/AFP

Central banks nervous at prospect of a trade war

Protectionism “will be very undesirable as the global trade and economy are finally expanding in a stable manner,” says Japan central bank chief

April 22, 2018
World Bank president Jim Yong Kim and IMF managing director Christine Lagarde. The bank has changed rules about its lending. Yuri Gripas/Reuters

World Bank boosts capital to $80bn

current hike comes with cost controls and salary restrictions that will hold World Bank compensation to “a little below average” for the financial sector

April 22, 2018

Deutsche Bank accidentally wires $35 billion in a transaction

The amount was worth more than the lender's market capitalisation

April 20, 2018
Emirates NBD reported a 27 per cent rise in first quarter net profit to a “record” quarterly income of Dh2.39 billionChris Whiteoak / The National

Emirates NBD, DIB post higher-than-forecast first quarter net profit

Lower provisioning lifts the lenders’ profitability

April 18, 2018
Dubai Islamic Bank on Wednesday reported 16 per cent year-on-year jump in net profit as revenues climbed. Chris Whiteoak / The National

Dubai Islamic Bank's first quarter net income surges, beating estimates

Net profit rose 16.4% year-on-year 

April 18, 2018
Shayne Nelson, the chief executive of Emirates NBD, which reported a record net profit of Dh2.39bn for the first quarter of 2018 on Wednesday, boosted by stronger margins and loan growth. Victor Besa / The National

Dubai’s Emirates NBD reports 27% rise in first quarter net profit

Lender reports “record” net profit of Dh2.39bn, says poised for growth across GCC  

April 18, 2018
Fintech could boost growth of the sluggish global Islamic finance industry in the short to medium term, S&P says. Jeffrey E Biteng / The National

FinTech could boost growth of global Islamic finance, S&P says

Industry to grow slowly at 5 per cent in 2018 and 2019

April 17, 2018
Dubai’s Emirates NBD on Monday announced the expansion of its operations in Saudi Arabia. Pawan Singh / The National

Emirates NBD expands its branch network in Saudi Arabia 

US-based Citi has also announced the launch of its new office in Riyadh 

April 16, 2018
Central Bank of UAE changes the way Eibor is calculated. Ryan Carter / The National

Central Bank of the UAE makes Eibor more accurate with new calculation

Thomson Reuters is official calculation agent

April 16, 2018
Together with expected monetary tightening, deposits are expected to grow by 6 per cent in 2018, up from 1.9 per cent in 2017. Silvia Razgova / The National

Oil rebound to help Omani banks' asset and deposit growth this year 

Deposits are expected to grow by 6% in 2018, BMI says 

April 14, 2018