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Posted on December 20, 2022

RBI penalises Bank of Bahrain & Kuwait, 20 co-operative banks , including 17 from Gujarat for contravention of various norms

In a statement, RBI said the Bank of Bahrain & Kuwait BSC, India operations failed to implement systems to detect unusual and unauthorised, internal or external activities in its database.
Posted on December 20, 2022

RBI penalises Bank of Bahrain & Kuwait, 20 co-operative banks , including 17 from Gujarat for contravention of various norms

In a statement, RBI said the Bank of Bahrain & Kuwait BSC, India operations failed to implement systems to detect unusual and unauthorised, internal or external activities in its database.
Posted on December 19, 2022

Kuwait running global oil market, achievement phenomenal

A hefty premium was imposed on the sale of crude to Kuwait National Petroleum Company (KNPC) at about 3 US cents per barrel …
Posted on December 19, 2022

Kuwait running global oil market, achievement phenomenal

A hefty premium was imposed on the sale of crude to Kuwait National Petroleum Company (KNPC) at about 3 US cents per barrel …
Posted on December 19, 2022

RBI slaps Rs 2.66 crore penalty on Bank of Bahrain & Kuwait BSC, India ops

Reserve Bank imposed the penalty on Bank of Bahrain & Kuwait BSC, India operations, for non-compliance with directions on cyber security framework …
Posted on December 16, 2022

Kuwait’s digital banking transformation

We are now living in the digital age, necessitating a paradigm shift for many as goods and services are reimagined to transform the way we live and do business. Kuwait International Bank has been acti …
Posted on December 15, 2022

Waldorf Astoria Kuwait opens with a grand celebration

The hotel features 200 contemporary deluxe rooms and suites with panoramic views of the city skyline. Waldorf Astoria Kuwait opens with a grand celebration. . Properties.

( read original story …)



Posted on December 14, 2022

Jordan Kuwait Bank Integrates Business-Wide Operations from iGrafx

Jordan Kuwait Bank (JKB), a leading shareholding company in the Jordanian banking sector, has recently started employing iGrafx Process360 Live cloud-based business process management (BPM) platform.
Posted on December 14, 2022

Competition intensifies as Kuwait bankers eye additional ‘high-cost’ deposits

Local banks have finally started a new round to attract an additional amount of high-cost deposits, however, to upset the balance of competition for deposits, especially government deposits, which …
Posted on December 14, 2022

Competition intensifies as Kuwait bankers eye additional ‘high-cost’ deposits

Local banks have finally started a new round to attract an additional amount of high-cost deposits, however, to upset the balance of competition for deposits, especially government deposits, which …

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