The UAE banking system has been ranked the top banking sector in the Gulf region in terms of assets in the first half of 2017, while the total assets of the 48 banks operating in the country reached US$723 billion (AED2.66 trillion) for the year 2016. Experts in the sector said the continued stability of…

Leading Dubai banks such as Emirates NBD (ENBD), Emirates Islamic (EI) and Dubai Islamic Bank (DIB) posted their first-half results on Wednesday, reporting strong operating performances supported by declines in costs, lower provisions and improved margins. Emirates NBD reported a net profit of Dh3.9 billion for the first half of 2017, up 5 per cent…

It was last week where the results of the first round of the Federal Reserve’s annual «Stress Tests» were announced. The «Stress Tests» evaluate whether U.S. banks have enough capital to withstand a financial crisis. They were created after the financial crisis as a means of evaluating whether banks have enough of a financial cushion to absorb losses…

Millennials are now the largest generation of consumers in the world. Born between 1977 and 1995, this generation is 77 billion people strong in the U.S. and makes up 24% of the country’s population. That is a lot of buying power to harness, but traditional marketing tactics don’t always work with this generation. They shop…

According to the records of Central bank of Montenegro CBCG, a total of nearly 2.54 billion euro worth of loans were issued by the banks at the end of September, leading to 2.8 percent increase compared to August. Μoreover, in comparison with September of 2014, the total number of loans increased by 4.1 percent. Τhe…

© 2018 PETROS STATHIS | ALL RIGHTS RESERVED.

Petros Stathis

STAY CONNECTED WITH US: