Banks Bank of China posts 4.38% profit rise in Q3 Nada Ali Oct 30, 2024 0 Bank of China reported a 4.38 per cent increase in net profit for the third quarter of this year, according to a…
International News Country Garden announces PwC resignation as auditor Nada Ali Sep 5, 2024 0 Country Garden Holdings announced that PwC has agreed to resign as its auditor, making it the latest Chinese…
Banks Fitch assigns “A” rating to Bank of China notes Nada Ali Aug 26, 2024 0 Fitch Ratings assigned a final rating of A to Bank of China Limited's senior unsecured notes issued by its Dubai…
Banks URGENT: Bank of China President Liu Jin resigns Nada Ali Aug 25, 2024 0 Bank of China (BOC) announced on Sunday that Vice Chairman and President Liu Jin has resigned for personal reasons.
Industry & Trade Dubai Chambers, Bank of China sign MoU to boost trade tie Nada Ali Aug 15, 2024 0 Dubai Chambers signed on Thursday an memorandum of understanding (MoU) with Bank of China – Dubai Branch to enhance…
International News Saudi’s PIF signs $50b deals with Chinese financial institutions Nada Ali Aug 1, 2024 0 Saudi Arabia's Public Investment Fund (PIF) signed six MoUs worth $50 billion with top Chinese financial…
Banks Chinese bank cuts main office salaries as economy slows Nada Ali Jul 1, 2024 0 China Construction Bank Corp (CCB), the country's second-largest lender, is cutting salaries at its headquarters.
Energy S. Arabia enters BIS-led central bank digital currency trial Aya Anwar Jun 5, 2024 0 Saudi Arabia's participation in a significant BIS-led trial for central bank digital currency (CBDC) marks a…
Banks China’s biggest banks issue first loss-absorbing debt Nada Ali May 16, 2024 0 China's leading banks have taken a significant step towards meeting international financial regulations by issuing…
Banks China’s banks face $900b bill to meet global bailout rules Nada Ali May 7, 2024 0 China's five largest lenders must raise nearly $900 billion in special debt by 2028 to comply with international…