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Interest Rate Frozen for Another Month
THE LENDER of Korea on Thursday decided to maintain the country's benchmark interest at 0.5...

19 April, 2021

40% of Bankers Make 6-Figure Salaries
Over 40 percent of bankers in Korea make six-figure salaries or even more than W100...

15 April, 2021

Central banks add 8.8 tonnes of gold to reserves in February
Central banks increased their gold purchases on February as they added 8.8 tonnes gold to...

09 April, 2021

ADGM launches Digital Marketplace to test feasibility of future products
Abu Dhabi Global Market has introduced an online community where entities such as banks, investors,...

06 April, 2021

Bankers' Salaries Soar as Jobs Dwindle
Employees of major banks earned about W100 million on average last year (US$1=W1,129). At the...

06 April, 2021

Digital banks finally arriving at the Philippines
Digital banks - also known as neobanks - are actually preparing their industry entry in...

18 March, 2021

Services sector to operate a vehicle UAE recovery in 2021, ADCB says
The UAE's economy will continue steadily to improve this year, motivated by higher oil prices,...

14 March, 2021

BOK Freezes Interest Rate Again
The Bank of Korea on Thursday froze interest levels at 0.5 percent again, the record-low...

28 February, 2021

New Zealand's virus success unleashes runaway casing prices
New Zealand's success in battling the coronavirus has unleashed an unanticipated problem: skyrocketing house prices.When...

25 February, 2021

Ex-Bank of England governor Tag Carney joins payments company Stripe's board
A former governor of the Bank of England and Lender of Canada, Tag Carney, has...

22 February, 2021

Future Group creditors scramble to recuperate $2.5 billion loans
Future Group’s creditors are exploring options to recuperate a lot more than $2.5 billion in...

17 February, 2021

Lender of Italy says country demands cohesion to grow and chop debt
Italy's central lender called on Saturday (Feb 6) for cohesion as the united states battles...

07 February, 2021

China's central bank says Ant IPO may still take place once issues resolved
Ant Group could resume its plans for an initial public offering once problems are resolved,...

27 January, 2021

More headwinds for Indian banks as bad loans mount amid pandemic
Debt on the books of Indian banks are set to soar, as companies and individual...

17 January, 2021

Global Sukuk issuance placed to go up above $150bn this season amid low interest
Global sukuk issuance is set to bounce back 2021 up to $151 billion as debtors...

13 January, 2021

New Zealand's central bank reviews data breach
The Reserve Lender of New Zealand said it really is investigating an against the law...

10 January, 2021

Possible revival of en bloc market in 2021 as developers turn to replenish land banks: Analysts
The muted collective sales market could visit a revival in the next half of next...

19 December, 2020

Online Banking for Teenagers Draws 500,000 Applicants in a Month
An exclusive assistance for teenagers by online-only Kakao Lender has proved favorite since its launch...

26 November, 2020

Central bank governor in Turkey removed as lira routed
Turkey’s President Recep Tayyip Erdogan removed central bank Governor Murat Uysal amid a rout in...

08 November, 2020

UOB's Q3 profit skids 40% as loan loss provisions rise
United Overseas Bank Ltd reported a 40 % drop in quarterly profit on Wednesday (Nov...

04 November, 2020

First Abu Dhabi to carve out payments business
First Abu Dhabi Bank, the UAE's major lender, is to carve out its payments business...

03 November, 2020

Russia’s Sberbank seeks more partnerships with Middle Eastern sovereign investors
Sberbank, the major lender in Eastern and Central Europe, is in talks with sovereign and...

03 November, 2020

In Nagasaki, bank consolidation may expose flaws in economical rescue plans
Once regarded as a model for consolidation, the merger of two regional banks in Nagasaki...

11 October, 2020

YOUR DEBT Panel: ‘I consolidated my debts but Dh18,500 is missing from the loan amount’
I are a full-time teacher but also tutored after work to greatly help us out...

07 October, 2020

HDC to Sue for Return of Asiana Deposit
Property developer HDC Hyundai Development on Tuesday blamed Kumho Industrial for the failure of its...

16 September, 2020