Al-Marsad Newspaper: The head of Al-Rajhi Bank, Abdullah Al-Rajhi, has responded to the bank’s accusation of failing to assist customers who have been subjected to financial fraud. Al-Rajhi said during his appearance on the pictured program that it is a global phenomenon and in the last two years the cases of fraud have increased by … Read more
◀ Anchor ▶ The big Wall Street banks have predicted a recession in the US this year. There were also predictions that the Fed might start cutting rates in the second half of the year due to the economic downturn. Correspondent Sujin Kim in Washington. ◀ Report ▶ Wall Street pundits predicted that the US … Read more
Riyadh – Mubasher: Maharah Human Resources Company announcedSkills“In the last five days, corresponding to December 29, 2022, the Growth Path Investment Company has completed the first phase of the process of acquiring a stake in the Smooth Trading and Marketing Company, which represents 20% of the shares owned by the company, increasing the capital of … Read more
The eurybor at twelve months it has already marked its definitive data for the year, which all those who have signed a variable mortgage must take into account and who must review it with the December reference. The index closed the month at 3.018%which will again make these loans more expensive. This Friday, the mortgage … Read more
“Please be advised that in connection with upcoming country holidays, wire transfers ordered in all currencies with a value of 12.26.2022, 12.27.2022 and 12.28.2022 will not be processed.” This was announced by Allianz Bank Bulgaria CEO. On the other hand, UBB wrote on their website that during the upcoming holidays 24-28 Dec 2022 and 31 … Read more
António Simões will step down as CEO of Santander Spain, the bank announced this Friday, underlining that the role will now be filled by Ángel Rivera. The changes take effect on February 1 of the following year, details the company in a press release. Despite stepping down as CEO, the Portuguese banker will remain at … Read more
To the eurybor at twelve months it has nothing left and less to exceed 3% of the monthly average. After ten months free uploadthe index to which most variable mortgages in Spain refer, has disrupted the mortgage market, causing price movements and changes in bank strategy. This reference mortgage has broken all the molds and … Read more
The economic slowdown of the last part of the year is beginning to be reflected in the new credit generation. From the data relating to the month of October it can be deduced that a slowdown in the granting of new loans both for the purchase of homes and for consumption and companies. More specifically, … Read more
Mubasher: data released by the Central Bank of Oman today, Saturday, showed an increase in the balance of total credit granted by banks and banking sector companies in the Sultanate by 4.1%, to reach 28.9 billion RO by the end of last October. The data showed – according to the Oman News Agency – today, … Read more