UAE Central Bank Imposes Over Dh370 Million In Fines On Banks, Exchange Firms, And Insurers

The Central Bank of the UAE has imposed more than Dh370.3 million ($101 million) in fines since the start of 2025 against banks, money exchange houses, insurers, and a finance company, in one of its most extensive enforcement campaigns in years,...

Avenor Rural Bank Plc ranked 43rd among 127 rural banks

By Agbaxode Emmanuel Akatsi (VR), Aug. 17, GNA – The Avenor Rural Bank Plc, with its headquarters at Akatsi in the Akatsi South Municipality of the Volta Region has been ranked 43rd among 127 Rural Banks assessed across the country under the 2024...

QSE listed firms report QR26.68bn net profit in H1; banks and industrials contribute 74%

The banking and industrials sectors together constituted more than 74% of the total net profits of main market listed companies in the review period The Qatar Stock Exchange (QSE)'s listed companies in the main market have earned total net profit...

Finance Minister to meet banks over US$ credit card limit

News Ryan Hamilton-Davis 5 Minutes Ago Finance Minister Davendranath Tancoo. - Photo by Jeff K. Mayers Minister of Finance Davendranath Tancoo said he plans to meet with the banking sector in response to yet another reduction in the US dollar...

Finance ministry to meet CEOs of state-owned banks to review Q1 performance on August 20

The Finance Ministry has called a meeting of heads of public sector banks (PSBs) on Wednesday to review the first-quarter financial performance. The meeting is scheduled to be chaired by Financial Services Secretary M Nagaraju. The review meeting...

Rural banking essential in fight against poverty — Akatsi South MCE  

By Agbaxode Emmanuel Akatsi (VR), Aug. 17, GNA – Mr Daniel Dagba, the Municipal Chief Executive for Akatsi South, says Rural banking remains an essential tool in the fight against poverty. He said, “Access to finance gives people opportunities.”...

WIN wants banks to restore candidates’ accounts following correspondence from OFAC

The We Invest in Nationhood (WIN) party is calling on the commercial banks that closed the accounts of its candidates to restore those accounts. The call has been made by party officials following a correspondence from the US Treasury Department’s...

Trump tariff: Banks look to contain impact

Indian banks are proactively cushioning exporters from the impact of the US tariff hike, effective August 27. Measures include temporary interest concessions, flexible repayment options, and enhanced working capital. Indian Bank is considering fee...

Zenith Bank celebrates 35 years of trusted banking service, recognises pioneer customers and long-serving staff at anniversary event in Lagos

Zenith Bank Plc marked its 35th anniversary with a commemorative event held at the Eko Hotel and Suites in Victoria Island, Lagos on 15th August 2025. The celebration brought together key stakeholders, partners, staff and friends of the bank to...

Registry shows 86 sex offenders living in Banks County as of week ending Aug. 9

Amanda Elaine Craig Not Incarcerated Child molestation Benjamin Callaway Latham Not Incarcerated Statutory rape Benjamin Dwayne Taylor Not Incarcerated Kidnapping of a minor Christopher Adam Merck Not Incarcerated Sexual battery against a child...

Banks look to start credit line on UPI for small value loans

After a prolonged delay, credit lines on the Unified Payments Interface (UPI) could finally see consumer adoption, with some of the high-street banks opening up to the product for disbursing small-value loans. “Banks are looking to go after...

Ten non-banks lose Tk 1,079cr in H1

Ten listed non-bank financial institutions (NBFIs) sank into a combined loss of Tk 1,079 crore in the first half of this year, an increase of 17 percent from the same period a year earlier. The figure dwarfs the Tk 178 crore profit posted by six...

State-owned banks tweak spreads on home loans to protect margins

For example, fresh home loan rates in the case of SBI, India’s largest Bank, are now in the 7.50 per cent to 8.70 per cent band, up 25 basis points, with effect from August 1, 2025. While Banks’ are faced with a Hobson’ choice when it comes to...

Nick Bruining: Why are WA retirees being denied credit cards by the banks?

Why are WA retirees — some with millions of dollars in assets and significant regular incomes — unable to get a credit card, a basic necessity in the digital age where most business is now conducted online?

MARKET HIGHLIGHT: Banks rally on lower rate hopes

The JSE banking index rose 4.69% last week, its best run since April 18. Global markets have turned more positive and the rand has strengthened, supporting local financial stocks. The Reserve Bank’s shift in focus to the lower end of its 3–6%...

Central bankers flock to Wyoming for symposium

A big week is coming up for the US Federal Reserve and central bank enthusiasts. The Kansas City Fed’s annual Economic Policy Symposium starts on Thursday evening in Jackson Hole, Wyoming. Fed Chair Jerome Powell in remarks on Friday is expected...

The 'Uber' of CRE? Startup links brokers, banks, lenders to big deals

Is Groundwater Banking a Viable Solution to Aquifer Depletion?

An Experiment Conducted by Sonoma Water and the City of Sonoma As explained on the Sonoma Water website, due to uncertainties in the reliability of regional future water supplies (both surface water and groundwater), Sonoma Water, City of Sonoma,...

eBay Integrates Open Banking, Streamlining Access to Seller Financing

eBay is repositioning itself as a vital partner for small business owners by integrating Open Banking into its Seller Capital program, aiming to streamline access to financing. This move is particularly timely as a recent Goldman Sachs survey...

Banks open up spigot for businesses

Greece’s four largest banks (Alpha, Eurobank, National and Piraeus) disbursed €20.1 million in new loans in the first half of 2025. But net credit growth was €4.7 billion in Greece and €5.1 billion including subsidiaries abroad, a sign that...