September 21, 2020

S. Korea urges ADB to step up efforts for transformation...

SEJONG — South Korea's finance minister on Friday called on the Asian Development Bank (ADB) to take a leading role in green and digital transformation in a post-pandemic era, Yonhap reported.

Finance Minister Hong Nam-ki made the remarks during an online conference"...

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September 9, 2020

Acting Chairman of Banks Association praises Central Bank's...

SANAA, Sep. 8 (Saba) - Acting Chairman of the Yemeni Banks Association Mahmoud Qayed Naji called on all financial and banking institutions to abide by the directives of the Central Bank of Yemen to ensure financial and monetary stability and exchange rate stability.

In"...

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September 8, 2020

Israel central banker downplays shekel's strength vs dollar,...

JERUSALEM (Reuters) - A nearly 10-year peak for Israel's shekel against the dollar ILS= is not overly worrisome for central bank policymakers since those gains have been largely offset by a stronger euro, Bank of Israel Deputy Governor Andrew Abir told Reuters.

Citing"...

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September 7, 2020

Boubyan Bank Commemorates 15th Anniversary with IDEMIA’s...

Boubyan Bank, Kuwait’s most innovative digital bank, teams up with IDEMIA, the global leader in Augmented Identity, to provide select customers with exclusive metal cards to mark the bank’s 15th anniversary.

Boubyan"...

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September 5, 2020

Turkish lira hits record low as inflation spooks traders...

BENGALURU, India: The Turkish lira slipped to a record low on Friday on concerns around stubbornly high inflation, while emerging market stocks tumbled for a third straight session following a tech-fueled plunge on Wall Street overnight.

The"...

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August 26, 2020

Visa Harnesses Real-Time Deep Learning to Enhance Transaction...

Visa Inc. (NYSE: V) today announced Visa Smarter Stand-in Processing (Smarter STIP), a new capability that uses real-time artificial intelligence (AI) to help financial institutions manage transaction authorizations when service disruptions occur. Using deep learning to analyze past transactions,"...

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August 24, 2020

Challenges for bank and insurance green and sustainability...

LONDON — Early signs of a green or sustainability-linked hybrid capital market for banks and insurers highlight the emerging importance of ESG factors for investors. It also places a spotlight on the issuers' ESG strategies. The potential influence of ESG credit factors on our"...

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August 19, 2020

Turkey lira continues to fall to record low

The Turkish lira yesterday fell to its lowest record against the US dollar as investors expected the central bank to adopt monetary tightening measures.

The lira dropped more than 0.25 per cent to 7.3880 compared"...

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August 10, 2020

System upgrade disrupts online and mobile services for Emirates...

Emirates NBD customers have been unable to access their accounts online for more than two days, with the Dubai-based bank blaming the disruption on 'teething issues' after launching a system upgrade in the early hours of Friday morning.

Customers"...

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August 8, 2020

Turkish lira in freefall: What triggered the sharp decline?...

ANKARA: On Thursday, two years after the historic currency crisis of August 2018, the Turkish lira hit a new record low against the US dollar and the euro despite the months-long failed interventions of state banks and Turkey’s Central Bank (CBRT) to prop up the currency and keep"...

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