Emirates NBD and CARS24 will offer auto loans inn just 10 minutes for second-hand car buyers
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UAE bank launches no-fee instant loans via app
UAE digital bank, Liv, has introduced limited offer on instant personal loans without fee
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Indian banks’ margins to face pressure in FY24, says Fitch Ratings
The agency raising doubts on profitability of Indian banks assumes added significance amid the increased scrutiny they are subjected to of late over their exposure to the embattled Adani Group
ADIB
ADIB offers first-ever plot financing to meet rising demand for land ownership
The Abu Dhabi Islamic Bank (ADIB) has launched the scheme to help customers purchase land for investment or to build a home on
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What will impact UAE consumers more: Rising interest rates or higher prices due to inflation?
The US Federal Reserve’s “aggressive rate hike” is in line with efforts to stop the economy from overheating and reduce inflation that is running at its highest levels in four decades, experts said
Bank deposits
How do negative interest rates work?
One of the tools being discussed as a way to deal with the economic damage of the coronavirus pandemic is negative interest rates. CNBC looks at whether we’ll ever be paid to borrow money.
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Video: Why India’s financial sector is in trouble
The FT report explains what’s behind India’s banking crisis and why it could spread to the real economy.
Asset Management
Saudi Arabia’s PIF agrees to terms for $10bn loan – report
10 banks have committed to provide the short-term loan to the Public Investment Fund, according to the Financial Times
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Banking reforms key to Narendra Modi’s second term, analysts say
India’s economy is expanding at the slowest rate in five years
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Over 50% of UAE residents overlook financial fine print, says study
The fine print in a financial product, which often times carries more weight than the offer itself, is designed to be overlooked, writes Ambareen Musa, CEO and founder of Souqalmal.com
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Saudi Arabia’s PIF said to seek bridge loan of up to $8bn
The Public Investment Fund is said to have begun talks with banks to raise a loan expected to be between $5bn and $8bn
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UAE industrial giant agrees $6.5bn debt refinancing deal
Emirates Global Aluminium signs loan facility with a group of global and regional banks
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Dubai Investments Park operator inks $300m loan deal
Dubai Investments Park Development Company announces agreement with Emirates NBD to repay sukuk
Abu Dhabi National Hotels
Abu Dhabi’s ADNH signs $440m loan to fund Emaar hotels deal
Abu Dhabi National Hotels and First Abu Dhabi Bank have signed loan facility agreement to fund acquisition of Dubai hotels
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UAE says banking deposits outvalue loans by $23bn during 2018
UAE Central Bank reveals new figures to show banking sector’s robust solvency position
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Emirates NBD posts 16% increase in Q3 profit, boosted by higher interest income
Emirates NBD’s shares advanced 2.2 percent at 10:29 a.m. in Dubai, taking their gains this year to 12 percent.
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DP World agrees first ‘green’ loan linked to gas emissions
Standard Chartered Bank leads coordination of DP World’s $2bn credit facilities by two years to July 2023
