The appointment last autumn of Ana Patricia Botin as Chairman of Banco Santander, one of the world’s leading banks, caused a stir in the international media as well as in professional circles not so much about how unexpected it was but about how it highlighted the lack of women occupying senior roles in the banking …
The Al Etihad Credit Bureau, which was officially launched in September, is the result of many months of planning and data collection. It brings together, for the very first time in one place,two years’ worth of information about the credit history and repayment record of each individual with a bank account in the UAE. The …
The launch of the Al Etihad Credit Bureau will benefit everybody Read More »
Supporting the Market Economy options for SMEs that can help their survival and future growth Visit a company register in a developed or rapidly developing economy any day of the week and you will immediately see the challenge facing SMEs (Small and Medium Sized Enterprises). The majority of them go out of business within 3 …
Recent commentary in the media and a number of industry conferences has highlighted the pressure that is being exerted on banks to recruit more UAE nationals. The fact is that the absolute number of UAE national staff working in the banking sector has plateaued in the past year at around 11,700, after reaching a peak …
Measuring Success of Emiratisation in the Banking Sector Read More »
When we hear the term ‘financial inclusion’ we often think ‘banking for the under-privileged’. I maintain and often advocate that actually it is much more than that – it is a belief that equates individual financial independence to a nation’s economic progress. Put simply, financial inclusion directly correlates with the aspirations and wealth of any …
In recent editorials it has been highlighted the forthcoming launch of Al Etihad Credit Bureau as a boost for the banking sector. While this is undoubtedly correct it should not be misunderstood as something which is therefore prejudicial to bank customers. As many countries that have established credit bureau will verify, they have contributed greatly …
