KUWAIT: In line with its continued commitment to nurturing national talent and empowering the next generation of leaders, Gulf Bank is proud to celebrate the graduation of several senior executives ...

In March 2024, the company obtained the Electronic Payment Service Provider License from the Central Bank of Kuwait, adhering to the latest business regulations issued in May 2023. This achievement ...

Kuwait has launched a crackdown on cryptocurrency miners it accuses of being a "major" cause of a power crisis that has led to blackouts, as authorities seek to ease pressure on the grid before the ...

Banks in Kuwait are no longer allowed to take the entire salary of a debtor to recover dues, according to a new legal ...

This responsibility primarily falls on the Central Bank of Kuwait, and secondly on commercial banks. Today, technology has grown into a vast and expansive realm with both several pros and cons.

HANOI: Vietnam's central bank is drafting a plan to restructure the troubled Saigon Joint Stock Commercial Bank, the lender at the centre of the country's biggest financial fraud on record ...

Regulator finds gaps in bank's anti-money laundering policies and processes The UAE Central Bank has been taking the toughest of approaches on compliance among banks and other financial institutions.

campaign – launched by the Central Bank of Kuwait (CBK) and the Kuwait Banking Association (KBA), with the support of local banks. In addition to enabling professional talents with disabilities ...

The Central Bank of the UAE (CBUAE) imposed financial sanction on a bank operating in the UAE, pursuant to Article (14) of the Federal Decree Law No. (20) of 2018 on Anti-money Laundering and ...

Nearly every country in the world has a central bank – a public institution that manages a country’s currency and its monetary policy. And these banks have an extraordinary amount of power.

As a result, the Central Texas Food Bank said it will lose $5.5 million in funding for the upcoming fiscal year. The USDA cancelled 40 deliveries of food to their facility, which equals about ...

The European Central Bank cut its main interest rate by a quarter of a percentage point Thursday, citing growing trade tensions after US President Donald Trump’s tariffs sparked a global trade war.