The UK arm of the tech lender was bought by HSBC for a pound
The UK arm of the tech lender was bought by HSBC for a pound
The Bank of England said the wider UK banking system remained safe, sound, and well capitalised
As corporate tax is levied on taxable profits, which are calculated after adjusting accounting profits, interest payments can reduce taxable profits, leading to tax savings if permitted by tax authorities
They are recognised as key elements in the money supply chain, but are prone to misuse
Admission of shares to trading on the Dubai Financial Market is anticipated to occur on or around April 6
The bank's board of directors received and congratulated a group of its talented Emirati chartered accountant employees who have joined the elite Institute of Chartered Accountants in England and Wales (ICAEW) members club
The bank also deliveres a return on equity of 21.4 per cent, one of the highest rates in the sector
In HSBC's latest research across nine key markets participants rate UAE most highly for five of the top 12 motivations behind the decision to relocate internationally
This is the second such occurrence this week as the regulator takes a stand against companies failing to adhere to regulatory, anti-money laundering laws
The balance sheet also increased annually by 6.4%, equivalent to Dh33.4 billion compared to some Dh521.54 billion in December 2021