Comera Finance, part of Comera Financial Holding and Abu Dhabi’s Royal Group, has received in-principle approval from the ...

Comera Finance, part of Comera Financial Holding and Abu Dhabi’s Royal Group, has received in-principle approval from the ...

The rate charged on central bank lending is often taken as reflective of the country s economic health. The more expensive the overnight loans become, the higher the interest rates charged on bank ...

Zand, UAE’s first digital bank to provide both retail and corporate services, announced that it has been granted a banking licence from the Central Bank of UAE to become Zand Bank. The digital ...

when banks are reluctant to lend to each other because of a desire to maintain their cash holdings and out of fears that the borrower might default on the loan. The UAE central bank originally ...

Dubai granted freehold ownership in 2002. The redesigned measures are expected to improve flexibility for bank lending to the real estate sector, the central bank said in a statement. It will also ...

Bank lending in the United Arab Emirates remains within prudential ratios set by the central bank, new central bank governor Mubarak Al Mansouri said in a speech on Monday. The speech, to a regional ...

Bank lending in the UAE continued to increase in May, though at a slower pace, despite coronavirus impacting most of the sectors of the economy. Gross credit increased by 0.1 per cent or Dh2.2 ...

DUBAI (Reuters) - A deadline for banks in the United Arab Emirates to cut their exposure to the government passed on Sunday with no clear indication of whether authorities would enforce the new ...

As the financial crisis took hold in late 2008 and hot money deserted the country, the Central Bank of the UAE asked banks to start working towards a 100 per cent loan-to-deposit ratio. By January ...

Once operational, Comera Finance will offer a full suite of financial products and services, spanning retail, SME, and corporate lending ...