Saturday 19 April 2014
 
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IBB launches sharia-compliant cash account

Islamic Bank of Britain (IBB), the UK’s only wholly sharia-compliant retail bank, has launched its IBB Notice Cash Individual Saving Account (ISA). The account offers consumers an ethical, tax-free way to save, with an expec

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Dar Al Takaful opens account with Daman

Dar Al Takaful, a Dubai-based Islamic insurance company, said it has opened a new managed investment account with Daman Investment, a private joint stock company. Saleh Al Hashmi, managing sirector of Dar Al Takaful, said:  &

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Bahrain TRA to boost customer contact

Bahrain’s Telecommunication Regulatory Authority has officially launched a second account ‘@ask_TRA,’ to serve and interact with consumers in the kingdom. The account will regularly update the general public with

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StanChart launches high interest account

Standard Chartered has launched a high interest ‘everyday account’ that provides customers an opportunity to earn a 3 per cent per annum return on their deposit balances. The ‘Bonus Saver’ account combines

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Turkey targets credit cards to cut C/A gap

Turkey introduced measures on Wednesday to try to control rampant consumer loan growth and lift its domestic savings rate from historic lows, another front in its battle to reduce a gaping current account deficit. The regulations

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Tunisian politician denies link to Swiss millions

A prominent Tunisian politician and businessman denied on Wednesday that he had millions of dollars of assets hidden in Switzerland after a Geneva prosecutor said accounts linked to Khayam Turki had been frozen following embezzlement allegations.

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Citi launches mobile banking service

Citibank Bahrain has announced the launch of Citi Mobile, a new banking service that allows customers to access their bank accounts using a mobile phone. Citi Mobile offers customers a simple and secure way to view their account informatio

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Burgan launches discount program for kids

Kuwait-based Burgan Bank said it has launched a unique discount program specifically tailored for its “BuBa” Kids account holders. The “BuBa” Kids is a savings account for children up to 14 years old, with minimum opening balance of KD10 (

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Ahli United says ready for IBAN

Ahli United Bank (AUB) has announced that it is completely ready for the launch of International Bank Account Number (IBAN) standard in Bahrain. This move is in line with Central Bank of Bahrain's directives making the use of IBAN a manda

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NBAD announces 3 new SME accounts

The National Bank of Abu Dhabi (NBAD) said it has added three new business current accounts exclusively for small and medium-sized enterprise (SME) clients. The new current accounts are Business Basic, Business Advantage, and Business Pref

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