Islamic Banking Expansion Aided By ADB Grant
The Asian Development Bank (ADB) has provided a $750,000 grant to promote Islamic banking in Indonesia, Pakistan,…
Browsing Tag
Banks
Fitch Rates Saudi Arabian Based Alinma Bank ‘A-‘; Outlook Stable
Fitch Ratings has assigned Alinma Bank (Alinma) a Long-term Issuer Default Rating (IDR) of 'A-' with a Stable…
HSBC To Pay Record $1.9 Billion U.S. Fine In Money Laundering Case
HSBC has agreed to pay a record $1.92 billion fine to settle a multi-year probe by U.S. prosecutors, who accused…
Islamic Banking Assets To Cross $1.8 Trillion
Global Islamic banking assets held by commercial banks are set to cross $1.8 trillion in 2013, up from the $1.3…
Bank Sohar Inks Pact With Mawarid
Bank Sohar arranged a deal of $50 million with Mawarid Mining LLC further adding value to Oman's economy and…
China Bank Lending Rises In November
Chinese banks boosted lending in November from October, official figures showed Tuesday, as Beijing seeks to…
Islamic Banks To Expand, Compete For Mainstream Clients
Islamic banks are set to expand as they compete increasingly with conventional lenders in attracting mainstream…
Al Baraka Banking Group Sponsors the 19th World Conference on Islamic Banking
Al Baraka Banking Group BSC (ABG), the leading banking group based in Bahrain sponsors the 19th World…
Sukuk Law Is Drafted
The Egyptian Financial Supervisory Authority ( EFSA ) has finished the draft of a law, known as sukuk, regulating…
Bank Muscat, IFC To Host SME Workshop
Bank Muscat, the flagship financial services provider in the Sultanate, and the World Bank's International Finance…