For an understanding of just how treacherous the road back from zero interest rates can be, have a look at what might happen to Japanese banks if Abenomics actually succeeds.
For an understanding of just how treacherous the road back from zero interest rates can be, have a look at what might happen to Japanese banks if Abenomics actually succeeds.
Starting from most probably this month, you don’t need to carry your wallet plastic cards for making payments at fast foods outlets, pharmacies, and even laundry as Mashreq is planning to launch a new product that will allow its customers to make payments using their mobile phones without signing a piece of paper, Mashreq head of retail banking Farhad Irani exclusively toldKhaleej Times ahead of the expected launch any time this month.
Starting from most probably this month, you don’t need to carry your wallet plastic cards for making payments at fast foods outlets, pharmacies, and even laundry as Mashreq is planning to launch a new product that will allow its customers to make payments using their mobile phones without signing a piece of paper, Mashreq head of retail banking Farhad Irani exclusively told Khaleej Times ahead of the expected launch any time this month.
The Bank of Japan said the world’s third-largest economy was finally recovering as it kept monetary policy steady, its most optimistic view in two-and-half years reflecting the impact of a weakening yen and its massive monetary stimulus on activity.
Cash flow remains a significant concern for a large number of UAE chief financial officers, or CFOs, according to new research from recruitment specialist Robert Half UAE.
Global regulators are weighing steps to ensure that banks take a realistic view of the possible losses on their investments, after uncovering variations in how lenders assess risk.
The European Central Bank will keep interest rates at record lows for an extended period and could yet cut them further, the bank’s chief, Mario Draghi, said on Thursday.
The Bank of England (BoE) refrained on Thursday from pumping more money into the UK economy, citing signs of growth, as it held its first meeting since the arrival of the new governor, Mark Carney.
Indian companies looking to set up the country’s first new banks in nearly a decade have a long and costly road ahead of them.
China’s government has promised sweeping changes to its state-run banking industry, including allowing the creation of private lenders, to support struggling private companies and curb what regulators worry are growing financial risks.