Lending momentum continues with 5.0% quarter-on-quarter (QoQ) growth in net loans, while deposit growth slows to 2.8% …
eToro partners with Lean to provide instant AED bank transfers to UAE customers
This eliminates tedious steps like filling in card details and switching between apps, reducing unnecessary friction and the risk of manual error, significantly streamlining the funding process …
UAE Imposes Tough Penalties to Combat Financial Crime
The UAE’s Financial Intelligence Unit has increased its output of actionable intelligence cases intended for legal action by a staggering 339%.
Tickmill partners with Mashreq Bank
By integrating this new payment method, Tickmill strengthens its dedication to offering flexible and client-centric solutions that prioritize both speed and security. With Mashreq Bank’s strong …
UAE and Chad Seek Closer Financial Sector Ties in High-Level Talks in Dubai
UAE Minister of State for Financial Affairs Mohamed bin Hadi Al Hussaini received Chad’s Minister of Finance, Budget, Economy, Planning and International …
UAE banking sector sets global model in AI-driven digital banking security
The UAE banking sector has emerged as a global leader in digital banking security. In addition to rolling out digital channels for customer services, UAE banks have invested heavily in data platforms, …
UAE: Dubai watchdog restricts HDFC Bank branch from offering financial services to new customers
Dubai’s financial regulator has barred HDFC Bank’s Dubai International Financial Centre office from onboarding new clients or promoting financial services due to concerns over onboarding practices.
HDFC Bank barred by Dubai Financial Services Authority from onboarding new clients or undertaking fresh biz
The DFSA prohibition does not apply to the continued servicing of the bank’s existing customers and onboarding clients who may have been previously offered services. The restrictions will remain until …
UAE: Islamic Treasury Sukuk auction for September attracts bids worth $1.39bln
This transaction is part of the T-Sukuk issuance programme for 2025, as published on the MoF’s official website …
Dubai regulator bars HDFC Bank’s DIFC branch from taking new clients
The DFSA is the independent regulator of financial services conducted in or from the DIFC, a purpose-built financial free zone in Dubai, UAE.
HDFC’s Dubai Branch Operations Barred By UAE Regulator From New Client Onboarding, Bank Responds
Dubai: The Dubai Financial Services Authority (DFSA) on Saturday banned HDFC Bank‘s Dubai branch from onboarding new customers, claimed media reports. The bank said that its Dubai International …
HDFC Bank’s Dubai Branch Hits Roadblock, Regulator Stops New Client Onboarding
HDFC Bank’s Dubai branch is under scrutiny. The Dubai Financial Services Authority has restricted HDFC Bank’s Dubai International Financial Centre from onboardi …
UAE regulator bars HDFC Bank from taking on new customers at its Dubai branch
HDFC Bank complies with DFSA order, halts new client onboarding at DIFC branch, no material impact on operations.
UAE regulator bars HDFC Bank from taking on new customers at its Dubai branch
HDFC Bank complies with DFSA order, halts new client onboarding at DIFC branch, no material impact on operations.
Dubai: HDFC Bank Faces DFSA Curbs, Barred From Accepting New Clients
HDFC Bank Limited has announced that its Dubai International Financial Centre (DIFC) branch is facing restrictions from the Dubai Financial Services Authority (DFSA). Effective September 26, the …
Dubai authority bars HDFC Bank’s DIFC branch from taking new clients
The Dubai Financial Services Authority (DFSA) has barred HDFC Bank’s Dubai International Financial Centre (DIFC) branch from onboarding new clients, following regulatory concerns flagged earlier this …
UAE Regulator Freezes HDFC Bank’s Dubai Branch from New Client Onboarding Amid Scrutiny
HDFC Bank’s branch in Dubai has been restricted by the Dubai Financial Services Authority from onboarding new clients due to concerns about customer onboarding practices. , Companies, Times Now …