Tag: Bank

New whiff of scandal in Israel bank chief nomination
Business
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Business
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New whiff of scandal in Israel bank chief nomination

Newsmaster - Aug 03, 2013

AFP - The withdrawal of a second nominee in a week for the Bank of Israel's top job filled newspapers with speculation on Saturday over the cause, ranging…

Spanish bank demands rent from children of dead father:
Health
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Health
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Spanish bank demands rent from children of dead father:

Usman Saif - Jul 04, 2013

A BANK is demanding rent payment from two young children after their father died, leaving them without income. Ages four and nine, the children lost their father…

Central Bank launches blueprint with lenders, telcos to expand UAE mobile commerce
Business
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Business
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Central Bank launches blueprint with lenders, telcos to expand UAE mobile commerce

Newsmaster - Jun 17, 2013

The Central Bank has agreed with banks and telecoms companies on a road map for improving mobile phone banking services in a bid to raise the value of mobile…

How to avoid Zeus virus on Facebook that drains your bank account
Technology
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Technology
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How to avoid Zeus virus on Facebook that drains your bank account

Newsmaster - Jun 05, 2013

The New York Times' Bits Blogs is reporting a 6-year-old virus called Zeus that infects your computer after you have clicked on a malicious link on your…

Swiss government weakens bank secrecy to give US officials info
USA
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USA
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Swiss government weakens bank secrecy to give US officials info

Newsmaster - May 31, 2013

The Swiss government is reportedly going to allow banks in the nation to share some information with U.S. authorities. U.S. officials want to determine which Americans are…

Internal Banks Dollar Accounts to Be Closed by German Commerce Bank
Afghanistan
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Afghanistan
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Internal Banks Dollar Accounts to Be Closed by German Commerce Bank

Suliman Faizi - May 12, 2013

Afghanistan Central Bank on Saturday said that in two months all country's internal banks' dollar accounts will be closed by German Commerce Bank. Central bank officials said…

I do! Bank of Korea opens up for weddings
Culture/Art
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Culture/Art
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I do! Bank of Korea opens up for weddings

Newsmaster - Apr 23, 2013

SEOUL, South Korea — Every couple wants their wedding day to be perfect. Flowers, music, family.... giant portraits of former Bank of Korea governors. Starting in May,…

$560 billion wiped of Central Banks’ reserves on gold slump
Business
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Business
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$560 billion wiped of Central Banks’ reserves on gold slump

Newsmaster - Apr 18, 2013

Gold slump has wiped $560 billion from the value of central bank reserves after its price dropped 13% in the last two days. Global investors are switching…

World Bank cuts China, Indonesia growth estimate; warns of asset bubbles
Business
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Business
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World Bank cuts China, Indonesia growth estimate; warns of asset bubbles

Newsmaster - Apr 15, 2013

(Reuters) - The World Bank on Monday scaled back slightly its 2013 growth forecasts for developing East Asia and warned about possible over-heating in the region's larger…

Bank of Japan shocks with unprecedented stimulus
Business
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Business
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Bank of Japan shocks with unprecedented stimulus

Newsmaster - Apr 04, 2013

(Reuters) - The Bank of Japan unleashed the world's most intense burst of monetary stimulus on Thursday, promising to inject about $1.4 trillion into the economy in…

Cyprus Bank Limits Cash Withdrawals Amid Crisis
Business
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Business
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Cyprus Bank Limits Cash Withdrawals Amid Crisis

Newsmaster - Mar 22, 2013

Cyprus' second largest bank has stopped customers withdrawing more than 260 euros (£221) a day from cash machines, as MPs said they needed more time to reach…

South Korea network hack prompts broadcast, bank outages
Politics
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Politics
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South Korea network hack prompts broadcast, bank outages

Newsmaster - Mar 20, 2013

(Reuters) - South Korean police were investigating a hacking attack on an Internet provider that brought down the servers of three broadcasters and two major banks on…

World Bank Approves $120mn for Horticulture
Afghanistan
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Afghanistan
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World Bank Approves $120mn for Horticulture

Suliman Faizi - Feb 24, 2013

The World Bank will fund horticulture development projects in 20 provinces at cost of $120 million over the next six years, Afghan officials announced Saturday. About 50,000…

Omani alert on fake Indian currency circulating in Gulf alarms expatriates
Business
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Business
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Omani alert on fake Indian currency circulating in Gulf alarms expatriates

Newsmaster - Feb 13, 2013

The Central Bank of Oman’s (CBO) advisory to Omanis and expatriates not to carry Indian currency has caused consternation among the large Indian community in the Kingdom.…

UAE banks fear ‘no jail for bounced cheques’ and call for credit bureau
Laws
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Laws
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UAE banks fear ‘no jail for bounced cheques’ and call for credit bureau

Newsmaster - Feb 11, 2013

A new move to decriminalise bounced security cheques could backfire without a federal credit bureau in place, a top banker has warned. It comes as other banks…

Global banking to be joined by ‘Google Bank’ and ‘Apple Bank’
Technology
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Technology
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Global banking to be joined by ‘Google Bank’ and ‘Apple Bank’

Newsmaster - Dec 26, 2012

Conventional banking could soon become a thing of the past with the use of the internet and mobile devices booming. They are gradually replacing usual banking cards…

Japan: All hostages unharmed in bank standoff
Laws
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Laws
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Japan: All hostages unharmed in bank standoff

Newsmaster - Nov 23, 2012

NAGOYA — Police stormed a bank in Aichi Prefecture and arrested a knife-wielding man who had taken five hostages to demand the resignation of Prime Minister Yoshihiko…

Confusion over claim that Emirates ID cards needed for bank transactions
Laws
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Laws
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Confusion over claim that Emirates ID cards needed for bank transactions

Newsmaster - Nov 20, 2012

ABU DHABI // There was confusion yesterday over a claim by the Emirates Identity Authority that its ID cards were now essential for all banking transactions done…

Sale of Kabul Bank Assets Challenging, Receivership Says
Business
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Business
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Sale of Kabul Bank Assets Challenging, Receivership Says

Suliman Faizi - Nov 02, 2012

Kabul Bank's receivership manager on Thursday said that the efforts to auction the bank's properties as soon as possible are happening both inside and outside the country,…

UAE bank chief calls for alternative to cheques
Business
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Business
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UAE bank chief calls for alternative to cheques

Newsmaster - Oct 23, 2012

The chief executive of Noor Islamic Bank has called on the financial services industry to develop alternative payment systems in an effort to cut down on the…

Germany could get first Islamic Bank
Business
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Business
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Germany could get first Islamic Bank

Newsmaster - Sep 05, 2012

BERLIN // Bank Kuveyt Türk, based in Instanbul, plans to set up the first Islamic bank in Germany next year to tap into a potential market of…

US, European activists seek to cross into West Bank
Politics
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Politics
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US, European activists seek to cross into West Bank

Newsmaster - Aug 24, 2012

US and European activists will try to cross into the occupied West Bank through Jordan as to deliver supplies to Palestinian students, arguing that Israel cannot call…

Bank of England cuts UK growth forecasts
Business
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Business
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Bank of England cuts UK growth forecasts

Newsmaster - Aug 08, 2012

Sir Mervyn King, the Bank of England governor, hinted at further action to boost the ailing UK economy on Wednesday after Threadneedle Street slashed its 2012 growth…

Bank put my debt on Facebook, claims UAE customer
Business
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Business
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Bank put my debt on Facebook, claims UAE customer

Newsmaster - Aug 05, 2012

Abu Dhabi // Simon R Pinto first knew something was wrong when his wife called him from India. "What you are doing in the UAE? A man…

Fury as NatWest bank glitch drags on
Business
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Business
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Fury as NatWest bank glitch drags on

Guest - Jun 25, 2012

  RBS is warning its 17 million customers that the backlog caused by a technical glitch could take at least another two days to clear, meaning that…

Israeli protesters smash bank windows, block roads
Politics
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Politics
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Israeli protesters smash bank windows, block roads

Guest - Jun 24, 2012

  OCCUPIED JERUSALEM: Scores of demonstrators clashed with police, smashed bank windows and blocked roads in Israel's commercial capital Tel Aviv overnight during a protest against the…

West Bank mosque hit by arson attack, colonists suspected
Politics
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Politics
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West Bank mosque hit by arson attack, colonists suspected

Guest - Jun 19, 2012

Occupied Jerusalem: Unknown attackers attempted to torch a West Bank mosque and sprayed it with Hebrew-language graffiti early on Tuesday, in an incident that bore the hallmark…