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Banking and Finance

Banking and Finance latest

Standard Chartered Selects Broadcom to Deliver Secure, Always-On Banking Services at Global Scale
July 19th, 2026 - 04:19 GMT

Standard Chartered Selects Broadcom to Deliver Secure, Always-On Banking Services at Global Scale

Broadcom Inc. (NASDAQ: AVGO) and Standard Chartered today announced a long-term strategic commitment to accelerate the bank’s global infrastructure modernization by establishing a secure, resilient private cloud foundation to seamlessly support critical banking services across 54 global markets. As a leading international bank, Standard Chartered requires infrastructure that delivers operational consistency at global scale while staying ahead of evolving regulatory and security requirements. Standard Chartered has realigned its infrastructure delivery to a fully integrated software-defined private cloud environment using VMware Cloud Foundation (VCF). VCF embeds intrinsic zero-trust security directly into ...
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Dr. Abdullah bin Hassan Alabdulgader, Chairman of GIB
August 6th, 2018 - 08:36 GMT

GIB Continues Progress in Expansion Strategy and Strengthening of KSA Presence

The UAE is ranked amongst the top countries in terms of mobile penetration and easy access to internet, which further enhances the country’s potential for embracing digital banking services. (Shutterstock)
August 6th, 2018 - 07:38 GMT

4 Areas Commercial Banks Need to Digitize

Garanti Bank sold $250 million worth of loans to Chinese and American banks and Halkbank is also in talks to sell loans. (Pixabay)
August 5th, 2018 - 11:46 GMT

Turkish Banks Free up Cash Through Foreign Lenders

It is worth mentioning that the Eideya delivery service comes as part of the bank’s wide range of valuable privileges and benefits that is especially designated for its Premier customers.
August 5th, 2018 - 06:17 GMT

Burgan Bank Offers Free Eideya Delivery Service to Premier Banking Customers

The UAE has 46 commercial banks for 9.5mn people, while Saudi Arabia has 12 local lenders and 14 foreign-bank branches for 33.6mn people, according to central bank data and information from Worldometers. (Shutterstock)
August 2nd, 2018 - 11:34 GMT

The Reasons Behind GCC Banks Mergers

Alain Marckus, Managing Director and Head of Investment Strategy and Investment Management for FAB Personal Banking Group
August 2nd, 2018 - 10:25 GMT

FAB Appoints Head of Investment Strategy and Investment Management for Personal Banking

ABC Islamic Bank’s total assets stood at US$1.749 billion as of June 30, 2018 compared to US$1.559 billion at 2017 year-end.
August 2nd, 2018 - 06:55 GMT

Bank ABC Islamic Announces Half-Year Net Profit of $15.6 Million

Isam Al-Sager, NBK Group Chief Executive Officer
August 2nd, 2018 - 06:50 GMT

NBK-Bahrain Reports Net Profits of BHD 55 Million for the First Half of 2018, up 19.4 Percent Y-O-Y

Loulwa Abdulla Al-Ayoubi - Acting Group Head of Investor & Corporate Communications, Burgan Bank
August 1st, 2018 - 11:45 GMT

Burgan Bank Contributes to the Integration of Children with Autism into Society through Support of Autism Partnership - Kuwait

Dubai Gold and Commodities Exchange (DGCX) has begun H2 strongly, recording an Average Open Interest (AOI) of 323,477 contracts in July.
August 1st, 2018 - 11:02 GMT

DGCX Records Highest Average Open Interest, Surpassing 300,000 Contracts for July

An increasing number of Western banks and fund managers are looking to expand in the Kingdom. (Shutterstock)
August 1st, 2018 - 06:29 GMT

Credit Suisse Seeks Full Banking Licence in Saudi Arabia

Mysk Al Mouj’s employees from the various department participated in the initiative at the venue’s stunning premises.
July 31st, 2018 - 11:53 GMT

Mysk Al Mouj by Shaza Answers National Call for Blood Donation

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