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Banking and Finance

Banking and Finance latest

Bitget Protection Fund Averaged $735M in September, 145% Above Initial Allocation
October 24th, 2025 - 05:54 GMT

Bitget Protection Fund Averaged $735M in September, 145% Above Initial Allocation

Bitget, the world's largest Universal Exchange (UEX) today released its September 2025 Protection Fund Valuation Report, registering an average monthly valuation of $735,503,167, a level roughly 145% higher than the fund’s original $300 million allocation at launch in 2022. The fund peaked at $761,442,500 on September 18 and recorded a monthly low of $708,266,000 on September 24, reflecting steady strength through market fluctuations. Established in 2022 with a stated floor of $300 million, the Protection Fund is designed to provide a transparent, readily verifiable buffer for user assets during abnormal ...
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Al Bawaba
April 11th, 2013 - 06:46 GMT

Saxo Bank’s Q2 outlook: Continued low growth will end politicians’ free-ride

Al Bawaba
April 10th, 2013 - 10:47 GMT

Emirates NBD launches Signature Debit Card exclusively for Priority Banking customers

Gulf Capital
April 10th, 2013 - 08:45 GMT

Gulf Capital acquires 75% of Dogu Tip, a Leading Medical Diagnostic Imaging Company in Turkey

Parts of Egypt's new sukuk law a incompatible with Shari'a law, a leading scholar has said
April 10th, 2013 - 08:22 GMT

Egypt's new sukuk law "incompatible with Islamic Shari’a law"

Al Bawaba
April 10th, 2013 - 08:05 GMT

Gulf Bank’s ‘We Promise’ extends to online services

The IMF forecast that the debt level will reach $43.7 billion in 2012
April 10th, 2013 - 07:59 GMT

Debt relief "impossible" for Sudan - IMF

Al Bawaba
April 10th, 2013 - 05:14 GMT

NBAD cautious income fund to distribute dividend of 4.47% annualised

Despite regional instability, Lebanon's banking institutions remain safe, the  country's central bank chief claimed on Tuesday
April 9th, 2013 - 11:37 GMT

Lebanon's Central Bank chief says country's banks still resilient

USAID has launched a scheme to boos economic growth with the Libyan diaspora community
April 9th, 2013 - 10:29 GMT

USAID launches Libya diaspora 'marketplace' scheme

Mr. Vikram Issar - General Manager, Consumer Banking at Gulf Bank
April 9th, 2013 - 07:16 GMT

Gulf Bank appoints Vikram Issar as General Manager - Consumer Banking

The lifelong leftist stressed that Egypt's economic crisis was tied to the prevailing state of political polarisation
April 8th, 2013 - 11:04 GMT

Egypt's left-wing slam IMF deal

Gulf Bank
April 8th, 2013 - 05:07 GMT

Get up to 90 % off travel, lifestyle and dining in UAE with Gulf Bank’s VISA Credit Card

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