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Banking and Finance

Banking and Finance latest

Bitget Protection Fund Averaged $735M in September, 145% Above Initial Allocation
October 24th, 2025 - 05:54 GMT

Bitget Protection Fund Averaged $735M in September, 145% Above Initial Allocation

Bitget, the world's largest Universal Exchange (UEX) today released its September 2025 Protection Fund Valuation Report, registering an average monthly valuation of $735,503,167, a level roughly 145% higher than the fund’s original $300 million allocation at launch in 2022. The fund peaked at $761,442,500 on September 18 and recorded a monthly low of $708,266,000 on September 24, reflecting steady strength through market fluctuations. Established in 2022 with a stated floor of $300 million, the Protection Fund is designed to provide a transparent, readily verifiable buffer for user assets during abnormal ...
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Bank ABC secures upgrade from Fitch to investment grade rating BBB- reflecting continued strategic momentum
May 30th, 2025 - 04:34 GMT

Bank ABC secures upgrade from Fitch to investment grade rating BBB- reflecting continued strategic momentum

Sharjah Islamic Bank Strengthens Global Standing with Successful Pricing of USD 500 Million Perpetual Sukuk
May 30th, 2025 - 04:32 GMT

Sharjah Islamic Bank Strengthens Global Standing with Successful Pricing of USD 500 Million Perpetual Sukuk

NBB Named Best Bank in Bahrain at Euromoney Awards for Excellence 2025
May 29th, 2025 - 06:02 GMT

NBB Named Best Bank in Bahrain at Euromoney Awards for Excellence 2025

Strategic Agreement Between Department of Finance in Ajman and Ajman Bank Boosts Operational Efficiency
May 28th, 2025 - 07:30 GMT

Strategic Agreement Between Department of Finance in Ajman and Ajman Bank Boosts Operational Efficiency

Bank of Jordan Signs Strategic Partnership with the Jordan Volleyball Federation
May 28th, 2025 - 07:08 GMT

Bank of Jordan Signs Strategic Partnership with the Jordan Volleyball Federation

CFI Launches Landmark Regional Education Day with Ten Simultaneous Seminars Across the Middle East
May 28th, 2025 - 06:22 GMT

CFI Launches Landmark Regional Education Day with Ten Simultaneous Seminars Across the Middle East

Mashreq Becomes the First Bank in the UAE to Offer Aani Instant Payments for SMEs via Mashreq Biz App — Enabling Faster, Safer, and Simpler Collections
May 28th, 2025 - 05:33 GMT

Mashreq Becomes the First Bank in the UAE to Offer Aani Instant Payments for SMEs via Mashreq Biz App — Enabling Faster, Safer, and Simpler Collections

Markaz hosts exclusive investor session on private credit trends and portfolio strategies
May 28th, 2025 - 05:07 GMT

Markaz hosts exclusive investor session on private credit trends and portfolio strategies

DIB Signs USD 150 Million Murabaha Deal with Turkcell to Accelerate Türkiye’s Tech Transformation
May 27th, 2025 - 12:16 GMT

DIB Signs USD 150 Million Murabaha Deal with Turkcell to Accelerate Türkiye’s Tech Transformation

Visa Appoints Antony Cahill as Chief Executive Officer of European Operations
May 27th, 2025 - 12:09 GMT

Visa Appoints Antony Cahill as Chief Executive Officer of European Operations

 Binghatti and ADIB to bring Sharia-compliant Home Finance solutions to the UAE real estate market
May 27th, 2025 - 11:49 GMT

Binghatti and ADIB to bring Sharia-compliant Home Finance solutions to the UAE real estate market

KIB continues its efforts to boost banking security during Eid Al-Adha
May 27th, 2025 - 09:27 GMT

KIB continues its efforts to boost banking security during Eid Al-Adha

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