What Is an Automated Teller Machine (ATM)?An automated teller machine (ATM) is an electronic banking outlet that allows customers to complete basic transactions without the aid of a branch representat...
Indonesian President Joko Widodo and his wife Iriana after voting in the 2019 election. Jokowi won a second term with 55.5 percent of the voteFeatured|Markets|Special reportsAuthor:Elizabeth Matsangou...
Money creation is a complex process that involves various actors and institutions. Banks, in particular, play a crucial role in this process, as they are the ones responsible for creating most of the money in circulation. In this article, we will explore the process of money creation by banks and pr
Abu Dhabi, where Union National Bank's headquarters are basedBanking|Retail bankingAuthor:Mohammad Nasr Abdeen, CEO of Union National BankTop 5Top 5 forces that will shape international finance in 202...
In the world of finance, there are various financial instruments that professionals use to manage risk and hedge against future uncertainties. One such instrument is a Forward Rate Agreement (FRA). In this article, we will explore what a FRA is, how it works, and its significance in the financial ma
Tehran, Iran. The country's oil industry has been particularly baldy hit by the recent US sanctions and this new European mechanism will not cover transactions related to this sectorFeatured|MarketsAu...
The FAS has ruled Apple fixed prices on the majority of its latest smartphonesLegal|StrategyAuthor:Kim DarrahTop 5Top 5 forces that will shape international finance in 2023Top 5 female-fronted fintech...
In the realm of legislative processes, an endorsement of a bill holds significant importance. It serves as a crucial step in the journey of a proposed legislation towards becoming law. Understanding the concept and purpose of endorsements is essential for professionals involved in the legislative pr
If your bank fails, the first thing to keep in mind is that you won’t lose all your deposits. TheFederal Deposit Insurance Corp. (FDIC)insures bank accounts up to $250,000 per depositor, per account c...
