Search Results for: National Commercial Bank
IBM Goes Live With First Commercial Blockchains
March 20th, 2017
Tech giant IBM is set to unveil what it’s calling the first “commercial application” of Hyperledger’s open-source Fabric codebase. Previously released in beta and scheduled for official release today, the offering – dubbed “IBM Blockchain” – is formally debuting in front ...
Which Gulf country’s banking sector is the top in assets volumes
March 9th, 2017
The UAE’s banking sector came first on the list of the banking sectors in terms of asset volume in the GCC region, with a total value of about US$711 billion, over (AED2. 61 trillion) in 2016, according to statistics ...
Central banks and gold
March 5th, 2017
The very near future is likely to see a sea-change in central bankers’ attitude to the gold allocation in their reserves. The failure of G20 monetary policy since the financial crisis is causing a general rethink, which may eventually ...
International Compliance Association expands into US
February 15th, 2017
The International Compliance Association announced its expansion into the US, with its primary training partner, International Compliance Training (ICT). The US team, based in New York, offers programs covering Anti-Money Laundering (AML), Anti-Bribery & Corruption, Know Your Customer (KYC), ...
Central Bank of Greece forecast a strengthening of growth for 2017
December 16th, 2016
Today, in accordance with its Statute, the Bank of Greece submitted its Interim Report on Monetary Policy 2016 to the Speaker of the Greek Parliament and the Cabinet. Progress with the implementation of the programme and with economic recovery ...
ICICI Bank executes India’s first banking transactions on blockchain in partnership with Emirates NBD
October 13th, 2016
Mumbai: ICICI Bank, India’s largest private sector bank by consolidated assets, announced that it has successfully executed transactions in international trade finance and remittance using blockchain technology in partnership with Emirates NBD, a leading banking group in the Middle East. ...
Thailand’s leading commercial bank adopts Bloomberg’s multi-asset risk solution
September 26th, 2016
Bloomberg, the global business and financial information and news leader, today announced that Thanachart Bank, Thailand’s sixth largest bank by asset size, has selected Bloomberg’s multi-asset risk solution (MARS) for counterparty risk management. A subsidiary of Thanachart Group, Thanachart ...
The Bank For International Settlements Warns That A Major Debt Meltdown In China Is Imminent
September 20th, 2016
The pinnacle of the global financial system is warning that conditions are right for a “full-blown banking crisis” in China. Since the last financial crisis, there has been a credit boom in China that is really unprecedented in world ...
Saxo Bank continues MENA region build-out with key management appointments
August 23rd, 2016
Saxo Bank, the online investment and trading specialist, announces today two senior appointments as it continues to grow and invest in its retail and institutional functions across the Middle East, reflecting the region’s importance as a growth hub for ...
Deutsche Bank reports Q2 2016 pre-tax profit down 67%
July 28th, 2016
Deutsche Bank reports second quarter 2016 pre-tax profit of 408 million euros and net income of 20 million euros Key developments – 20% lower revenues year-on-year reflecting challenging environment and strategic decisions Revenues, excluding NCOU and Hua Xia Bank, ...
