Thursday 23 October 2014
 
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banking

Islamic finance grows twice as fast as traditional banks

Islamic finance is growing at twice the rate of the traditional banking industry in its core markets, which include Malaysia, Indonesia, Turkey and the GCC countries, according to an expert. The industry currently boasts $1.6 tril

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Bahrain's banking sector showcased at US event

More than 300 banking industry leaders, including representatives of many US and other institutions that are looking to invest in Bahrain, came together at the Fairmont Hotel Washington DC. They were attending "The Banks in B

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Falcon Private Bank appoints new head

Falcon Private Bank, a leading Swiss private bank specialised in asset management for high net worth private clients and families, has appointed Erich Pfister as the new global head private banking, which will be effective from January next year

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400 banking experts to take part in top Mideast summit

More than 400 banking and finance experts from the Middle East are set to take part in a major banking conference from tomorrow (September 30) in Dubai, UAE. The two-day Middle East Banking Innovation Summit will be held at the Ju

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Islamic finance in focus at Bahrain conference

More than 1,300 high-level industry professionals from over 50 countries will take part in major Islamic banking conference in Bahrain. The the 21st annual edition of the World Islamic Banking Conference (WIBC 2014) will be held u

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Barclays taps vein biometrics in bank fraud fight

Barclays is launching a finger scanner for corporate clients and will roll out voice recognition for millions of retail clients next year as it steps up use of biometric recognition technology to combat banking fraud. The British

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Citibank Bahrain wins top awards

Citibank Bahrain has won two key awards for Internet banking. The bank said it won the "Best Consumer Internet Bank" and the "Best Corporate/Institutional Internet Bank" awards in the first round of Global Fina

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Al Baraka appoints VP, commercial banking head

Al Baraka Banking Group (ABG), a Bahrain-based Islamic banking group, has appointed Mohammed Abdullah El Qaq as senior vice-president and head of commercial banking. El Qaq has more than 22 years of experience in commercial bankin

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Saudi cbank may cap consumer lending

Saudi Arabia's central bank has published new consumer lending regulations which give it the power to cap retail lending at individual banks and limit the fees that banks can charge. The rules could dent profit growth at banks

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Bahrain students excel in CDCS exams

Bahrain Institute of Banking and Finance (BIBF) said its second batch of students have surpassed the global pass rates in the Certificate for Documentary Credit Specialists (CDCS) qualification exams offered by ifs University College, UK.

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