More than half of a record 160 million accounts opened in India as part of a drive to offer banking to all are still empty, illustrating the massive task ahead for one of the government's most high-profile campaigns and the strain on banks.
Leading advertising agency Leo Burnett has won the Oasis account, following a competitive, multi-agency pitch.
Founded in 1984, Oasis, the bottled water division of National Food Product Company (NFPC), was the first company to in
Qatar’s international reserves rose $43.5 billion in August driven by a strong current account surplus, an increase of $7.2 billion as compared to the same period last year, according to a report.
The latest QNB Monthly Moni
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
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: &
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
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
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.
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.