The in-principle approval allowed the bank to set up the wholly owned subsidiary through the conversion of its existing ...

Islamic banking is not a niche concept in Saudi Arabia. It is a central part of how the Kingdom’s financial system operates ...

SMBC is currently carrying on banking business in India in branch mode through its four branches located in New Delhi, Mumbai ...

The Reserve Bank of India (RBI) has granted ‘in-principle’ approval to Sumitomo Mitsui Banking Corporation (SMBC), Japan, for ...

The RBI on Wednesday granted an ‘in-principle’ approval to Sumitomo Mitsui Banking Corporation (SMBC), Japan, for setting up ...

In-principle approval from the CBUAE marks a milestone in the bank’s digital assets strategy as it combines blockchain ...

Governor Dr Ahsan H Mansur today addressed the ongoing concerns regarding the return of five merging banks funds to ...

Mumbai, Jan 14: India’s central bank on Wednesday announced that it has given in-principle approval to Japan’s Sumitomo ...

State-owned Development Bank of the Philippines (DBP) has been recognized for the second consecutive year by the state ...

The Central Bank of Nigeria has approved a new non-interest bank, expanding ethical finance options and promoting financial ...

Ras Al Khaimah, United Arab Emirates – RAKBANK announced today that it has received in-principle approval from the Central Bank of the UAE (CBUAE) to issue an AED-backed payment token i.e., stablecoin ...

What is missing in islamic banking reform is not Shariah intent, but the design thinking needed to translate that intent into a lived experience ...