banking

The PMA Business Cycle Index (PMABCI) – February 2021 revealed Improvement in the West Bank and Gaza Strip

March 7, 2021

The results of PMA Business Cycle Index (PMABCI) revealed a significant pickup in the overall index for the second month in a row, reaching its highest......

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World Bank approves $25 million grant to support municipal response to COVID-19 in Palestinian territories

March 7, 2021

WASHINGTON, Saturday, March 06, 2021 (WAFA) - The World Bank approved yesterday a grant of $15 million to help Palestinian municipalities maintain......

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Invest bank reduces losses by 38 per cent

March 2, 2021

The Invest bank reduced its losses by 38 per cent to Dhs356.3 million by the end of 2020, compared to losses of Dhs579.4 million during the same......

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World Bank: Palestinian Economy Contracted by 11.5% in 2020

February 28, 2021

The Palestinian economy probably contracted by 11.5% last year partly because of the Covid-19 pandemic, a report by the World Bank has said. The......

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HSBC curbs profit and payout ambitions, bets on Asia wealth

February 24, 2021

HONG KONG: HSBC Holdings PLC on Tuesday abandoned its long-term profitability target, and unveiled a revised strategy focused mainly on wealth management......

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Taiwan punishes Deutsche Bank in currency speculation case

February 8, 2021

TAIPEI: Taiwan’s central bank said on Sunday it had banned Deutsche Bank from trading Taiwan dollar deliverable and non-deliverable forwards......

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JPMorgan Chase to Launch Digital Consumer Banking in the U.K.

January 28, 2021

JPMorgan Chase (NYSE: JPM) today announced it will offer U.K. consumers a completely new banking choice when it launches a digital retail bank in......

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MasterCard to raise UK card fees due to Brexit

January 26, 2021

Credit card company MasterCard said Monday that it will charge five times more in so-called interchange fees for UK customers buying online goods......

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One hundred olive saplings uprooted by Israeli settlers in the south of the occupied West Bank

January 20, 2021

HEBRON, Tuesday, January 19, 2021 (WAFA) – Israeli settlers today uprooted about 100 olive saplings in an area east of the town of Yatta located......

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Bank of America Reports Fourth-Quarter 2020 Financial Results

January 19, 2021

Bank of America reported its fourth-quarter 2020 financial results today. The news release, supplemental filing and investor presentation can be......

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