The United Arab Emirates is expected to issue its first ever federal government bonds before 2018 to help the country's banks meet global liquidity rules, but feasibility studies are yet to be completed, a senior finance ministry official sa
The Malaysia-based Islamic Financial Services Board (IFSB) will issue draft guidance by year-end on how Islamic banks, which face a lack of short-term funding instruments, can use sukuk as a key tool for meeting the liquidity requirements of Bas
Bahraini banks will be fully ready to implement the Basel III international banking standards on new capital requirements by next year, the governor of the Central Bank of Bahrain (CBB) said.
The kingdom's banking sector remai
Thanks to astute oversight by regulators, GCC and Levant banks emerged from the financial crisis in better shape than many Western banks, but their liquidity and capital positions should not be taken for granted. Management consulting firm Booz
Qatar's central bank has sent a draft circular on new Basel III capital rules to conventional and Islamic banks that includes requirements for issuance of instruments such as hybrid bonds, it said on Thursday.
"This is a
Eighty per cent of Arab banks are in a position to meet new international regulations on the level of reserves they need to hold while all banks in Bahrain meet these standards, said a top official.
Union of Arab Banks (UAB) chair
The International Chamber of Commerce (ICC) will be hosting its biannual ICC Banking Commission Meeting in Doha from March 25 to 29 in association with diamond sponsor Qatar National Bank (QNB).
Some 400 banking leaders and executives from
The institute of Chartered Financial Advisers (CFA) Bahrain organised a presentation on Basel III and the challenges to the region's banking sector for its members.
Basel III is a newly-introduced regularity standard to strengthen banks' c
The Swiss government looks set to push ahead with plans to make UBS and Credit Suisse reach tough new capital standards despite warnings they could make the banks uncompetitive.
The Swiss cabinet, which operates on the b
More than 60 senior bankers from 30 leading financial institutions from Bahrain will meet today to receive a briefing on new financial banking principles, known as Basel III, designed to stabilise the global financial system.
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