banking

Increase in West Bank’s Construction Cost Index in March: PCBS

April 26, 2021

RAMALLAH, Sunday, April 25, 2021 (WAFA) – The Construction Cost Index (CCI) for residential buildings in the West Bank reached 109.29 points......

Continue Reading >
Bank of America Reports First-Quarter 2021 Financial Results

April 17, 2021

Bank of America reported its first-quarter 2021 financial results today. The news release, supplemental filing and investor presentation can be accessed......

Continue Reading >
Oman Banks Association holds its annual general meeting

March 31, 2021

Muscat: Oman Banks Association held its Annual General Meeting (AGM) on Monday, March 29. The meeting was held through an electronic platform and......

Continue Reading >
Bank of England urges banks to keep lending to businesses-Palestine

March 27, 2021

The Bank of England has encouraged banks to keep lending to viable businesses to ensure companies have enough credit to survive the crisis after......

Continue Reading >
Discover Announces Alliance with Malaysia’s PayNet to Expand Worldwide Acceptance

March 23, 2021

Discover, a leading digital bank and payments company, and Payments Network Malaysia Sdn Bhd (PayNet), the national payments network and shared central......

Continue Reading >
GCC banks ready to absorb up to $45 billion shock: S&P

March 22, 2021

Rated GCC banks, which had set aside $10.9 billion of new loan-loss provisions in 2020 in the backdrop of the pandemic and low oil prices, have the......

Continue Reading >
China central bank head says policy needs to support growth and curb risks

March 22, 2021

BEIJING: China’s monetary policy needs to focus on supporting economic growth in a targeted way while also reducing financial risks, the central......

Continue Reading >
Turkish Central Bank governor changes for the third time in two years

March 21, 2021

ANKARA: Naci Agbal, the third Turkish Central Bank governor in two years, was dismissed by Turkish President Recep Tayyip Erdogan late on Friday......

Continue Reading >
EBRD partners with Bank of Palestine to support Women in Business in the West Bank and Gaza

March 18, 2021

The European Bank for Reconstruction and Development is partnering with the Bank of Palestine to empower Palestinian women entrepreneurs under the......

Continue Reading >
eToro set for $10bn listing through merger with blank cheque company

March 17, 2021

Trading platform eToro, a rival to Robinhood Markets, plans to go public via a merger with a blank-cheque company led by serial dealmaker Betsy Cohen.......

Continue Reading >