Banking as a business used to be less complicated.There were fewer regulations, and the choice of services was simple compared with the myriad now on offer. Trustwas a central pillar in an individual’s or company’s relationship with their bank. The emergence of amuch more complex world has changed all that, with a surge in banking …
According to the World Bank, being financially excluded is linked to income level. The richest 20% of adults in developing countries are more than twice as likely to have a formal bank account as the poorest 20%. Yet the benefit of financial services among poorer people may be even greater than that of the wealthy. …
In an article published by Gulf News last year, the Chairman of the UAE Banks Federation, HE AbdulAziz Al Ghurair, highlighted the skills gap as a key challenge for Islamic banks in the UAE and elsewhere. There have been many surveys done by academic and business institutions on this topic in recent years, and they all come …
