Banking in UAE News

Wio Bank acquires over 20,000 SME customers since launch

Region's first platform bank has a diverse range of products for the fintech and digital economy

Wio Bank signs agreement with ADX to enable fully digital, instant IPO subscriptions

Wio customers will benefit from instant digital access to UAE IPOs on ADX via their Wio Bank account

CBRE exclusively appointed for EDB's UAE property sale

Global real estate adviser to facilitate the sale of EDB's former UAE headquarters and residential portfolio

UAE: ADIB becomes 1st bank to provide instant mobile app account opening with face recognition technology

Customers will be able to open a business current account in local currency after completing the application digitally

UAE ranks second globally in customer trust: UAE Banks Federation

The rate of digital banking services use through a number of banking channels has risen to 100 per cent

UAE banks launch new initiative to stop fake documents

There have been a few instances of documents being faked to sell properties, and scam companies

UAE: International bank appoints first Emirati woman CEO

She joined the bank as a graduate in 2004 and has since worked across many geographies including Dublin, London, and Sao Paulo

Second salary in UAE: Invest as little as Dh1,000 per month to earn additional income

Simply put, the savings plan allows customers to save monthly for a duration they choose, and receive an income at the end of it

UAE: Bank of Singapore appoints Ranjit Khanna as global market head of Middle East and chief of Dubai branch

He will also be a member of the bank’s management committee

Swiss regulator Finma approves UBS takeover of Credit Suisse

The two largest banks in the wealthy Alpine nation famed for its banking prominence have been in negotiations throughout the weekend