Gulf Times - banks
Eid al-Fitr holidays for banks from June 17 to 19

Eid al-Fitr holidays for banks from June 17 to 19

These institutions will resume normal operations on Wednesday, June 20, sources said.

Swiss voters reject total overhaul of monetary system

Swiss voters reject total overhaul of monetary system

Voters decided on Sunday that Switzerland should not become the world's first country to wrest control from its banks in a sweeping monetary reform.

Fugitive veteran bank robber arrested in Spain

Fugitive veteran bank robber arrested in Spain

The man, who the authorities believe has been robbing banks for over 35 years, was arrested at a hotel in Getafe, a southern Madrid suburb.

Profit booking drives down Qatar share index

Profit booking drives down Qatar share index

Domestic and foreign funds’ sustained profit booking on Wednesday drove Qatar Stock Exchange down below 9,000 levels.

Iran bans banks from using cryptocurrencies

Iran bans banks from using cryptocurrencies

Iran banned the use of bitcoin and other cryptocurrencies by banks and financial institutions on Monday amid ongoing debate over how best to regulate the technology.

Qatar’s private sector credit growth set to increase

Qatar’s private sector credit growth set to increase

The government and state-linked companies have long been the mainstay of credit growth and will continue to be, especially as Qatar prepares to host the 2022 FIFA World Cup.

Suspected mastermind of $1bn bank hacks arrested in Spain

Suspected mastermind of $1bn bank hacks arrested in Spain

The person suspected of being behind malware attacks known as "Carbanak" and "Cobalt" was arrested in Alicante, a port city on the south east coast of Spain.

Foreign institutions’ strong profit booking drives market down

Foreign institutions’ strong profit booking drives market down

The Qatar Stock Exchange lost a sizeable 366 points in its key barometer and QR20bn in capitalisation as dividend woes had cast its spell this week.

India gives state-run banks 15 days to improve oversight

India gives state-run banks 15 days to improve oversight

India's Finance Ministry set a 15-day deadline on Tuesday for state banks to take action to improve their oversight of operational and technological risks ...

Qatar shares settle below 9,100 despite buying interests in banks, industrials

Qatar shares settle below 9,100 despite buying interests in banks, industrials

The Qatar Stock Exchange was back in the negative turf to settle below 9,100 levels despite buying interests in banking, industrials and telecom counters.

Indian stocks, bank shares soar after cash-injection plan

Indian stocks, bank shares soar after cash-injection plan

Banks led Indian stocks to record highs Wednesday after the government approved a multi-billion-dollar recapitalisation plan for state-owned lenders to help spur investment in the Asian giant's slowing economy.

India approves recapitalisation plan for state-owned banks

India approves recapitalisation plan for state-owned banks

The government will infuse this sum over the next two years to "strengthen the lending capacity of banks to spur growth", finance minister Arun Jaitley told reporters.