Latest News for: Banking wholesale

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Citi & Emirates NBD to launch 24/7 USD Clearing service in ME

GCC Business News 12 Jun 2024
Citi has collaborated with Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa, and Turkey) region, to launch Citi’s first-of-its-kind 24/7 USD Clearing service in the Middle East ... Wholesale Banking.
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Citi and Emirates NBD Collaborate to Launch First-of-Its-Kind 24/7 USD Cross Border Payments in the ...

Emirates 24/7 12 Jun 2024
C) and Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, announced a ... Ahmed Al Qassim, Group Head of Wholesale Banking, Emirates NBD, said.
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Access Bank Completes Acquisition of Tanzania’s BancABC, Consolidates East African Operations

This Day 11 Jun 2024
“The Viability Rating (VR) balances the concentration of Coronation Merchant Bank’s operations in Nigeria’s challenging operating environment, a niche franchise and business model, high credit ...
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First phase of digital currency in Qatar to extend until October 2024

The Peninsula 11 Jun 2024
It can also be used between banks and with Qatar Central Bank, and these transactions are called wholesale payments or high-value transactions ... He noted that the first phase will include four use cases with local and international banks.
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'Digital currency pilot phase involves QCB and participating banks'

Gulf-Times 11 Jun 2024
... platform for participating banks to conduct digital transactions ... It can also be used between banks and with QCB, and these transactions are called wholesale payments or high-value transactions.
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Alizz Islamic Bank signs agreement with Abraj Energy Services

Muskat Daily 10 Jun 2024
Muscat – Reinforcing its position as one of Oman’s most dynamic Islamic Wholesale Banking institutions, Alizz Islamic Bank recently signed an agreement with Abraj Energy Services to provide shari’a compliant financing facilities.
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Bank AL Habib Pakistan, Global Money Exchange Oman join hands to facilitate remittances to Pakistan

Muskat Daily 10 Jun 2024
Bank AL Habib was incorporated as a Public Limited Company in October 1991 and started banking operations in 1992. It is now one of the leading banks in Pakistan, known for its high level of customer service.
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Who decides if CT, U.S. are in a recession? Here’s what to know

The CT Mirror 10 Jun 2024
The Federal Reserve Bank of Philadelphia analyzes a handful of indicators to approximate economic conditions by state ... GDP declined 29%, unemployment reached 25%, consumer prices and wholesale prices tanked and a third of the banking system failed.
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CBB holds Third Board meeting for 2024

bizbahrain 10 Jun 2024
The balance sheet of the banking system (retail banks and wholesale sector banks) increased to $239.3 billion at the end of April 2024, an increase of 10.7% compared to the end April of 2023.
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From a historic appointment to acupuncture, here are recent hires in the Wilmington area

StarNews Online 08 Jun 2024
Unit B.Atlantic Union Bank welcomes local. Atlantic Union Bank, a new name in the Wilmington area, has named a long-time local Charlie Mattox as its new wholesale market president. Mattox joined the bank in May.
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Saudi Arabia joins Project mBridge as a full participant

Cryptopolitan 07 Jun 2024
Saudi Central Bank highlighted it has been evaluating the feasibility of using wholesale CBDC to boost cross-border payment and settlement between commercial banks ... The debate over Central Bank Digital Currencies (CBDCs).
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Navigating the rapid depreciation of local currency; finding long, lasting, workable and achievable solutions

B & FT Online 06 Jun 2024
According to the IMF Country report (24/30, 2024) opine that Bank of Ghana will eventually conduct all its FX interventions through auctions designed in line with best practice and adopt an FX ...
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UAE: Central Bank announces launch of new platform for wholesale cross-border payments

Khaleejtimes 05 Jun 2024
The Central Bank of the UAE has launched the Minimum Viable Product (MVP) platform of the mBridge project – a multi-central bank digital currency common platform for wholesale cross-border payments and settlement ... Central Bank.
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CBUAE launches mBridge platform for early adopters

Gulf News 05 Jun 2024
The Central Bank of the UAE (CBUAE) launched the Minimum Viable Product (MVP) platform of the mBridge project – a multi-central bank digital currency (CBDC) common platform for wholesale cross-border payments and settlement.
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UAE Central Bank launch new platform for wholesale cross-border digital payment

Al Wast 05 Jun 2024
... the Minimum Viable Product (MVP) platform of the mBridge project, the world's first multi-central bank digital currency (CBDC) common platform for wholesale cross-border payments and settlements.
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