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Banking and Finance

Banking and Finance latest

Verdant Rock Receives BBB+ Long-Term Insurer Financial Strength Rating with a Stable Outlook from Fitch Ratings
June 17th, 2026 - 05:43 GMT

Verdant Rock Receives BBB+ Long-Term Insurer Financial Strength Rating with a Stable Outlook from Fitch Ratings

Verdant Rock Limited has received a BBB+ Long-Term Insurer Financial Strength Rating with a Stable Outlook from Fitch Ratings effective 12 June 2026. Combined with a Class 3B Insurer license from the Bermuda Monetary Authority (BMA), effective 6 May 2026, the company is in a strong position to extend financial guarantees on bonds and loans in emerging markets for beneficiaries globally. We provide irrevocable, unconditional, on-demand financial guarantees designed to qualify as eligible credit protection under Basel and major insurance solvency regimes. We are focused on private liabilities and do ...
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Al Bawaba
February 27th, 2013 - 08:43 GMT

NBAD Issues First Uridashi Bond

Nimish Dwivedi, Head of Payments at Mashreq
February 27th, 2013 - 08:17 GMT

Mashreq extends the Shopping Festival with exciting Card offers

Al Bawaba
February 27th, 2013 - 07:25 GMT

NCB Capital believes the recently published laws by SAMA will benefit the Kingdom

Egypt plans to raise as much as $1 billion by June from the sale of its first Sukuk.
February 26th, 2013 - 09:57 GMT

Egypt to raise much needed capital by Sukuk

Balance sheets for Lebanese financial institutions are starting to look health, increasing by 14 per cent
February 26th, 2013 - 07:30 GMT

Lebanese banking balance sheets increasing

Al Bawaba
February 25th, 2013 - 09:15 GMT

ADIB shines at the Islamic Finance News Awards Ceremony in Dubai

Al Bawaba
February 25th, 2013 - 08:59 GMT

Al Ansari Exchange ‘Pay & Win’ promotion offers chance to win back utility bill amount

During the Global Financial Markets Forum
February 25th, 2013 - 08:10 GMT

Global Financial Markets Forum kicks off Wednesday

Primary investigations revealed that the suspect is also involved in promoting and selling fake bank notes
February 24th, 2013 - 11:54 GMT

Who ate all the dough? Fraudster hides fake bank notes by swallowing evidence

Dr. Adnan Chilwan, Deputy Chief Executive Officer, DIB
February 24th, 2013 - 11:44 GMT

Dubai Islamic Bank publishes formal offer for Tamweel

During the event
February 24th, 2013 - 11:30 GMT

IBQ receives Euromoney award for “Best Private Bank for Privacy and Security”

Al Ramz Securities
February 24th, 2013 - 08:22 GMT

Al Ramz Securities success journey continues in 2013

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