Deutsche offers wholesale banking
United Arab Emirates: Saturday, December 20 - 2008 at 10:18
Deutsche Bank has received its license from the UAE Central Bank to offer wholesale banking in the Emirates. Wholesale banking will be conducted through an on-shore branch, which will enable it to take institutional deposits, and offer loans and advances to corporate entities, government and semi-government institutions.
See Also
Also consider reading:
- » Bahrain trims interest rates
- » Mashreq to offer small-business owner loans
- » HSBC Middle East will not lay off staff
- » GIH fail's to repay loan
- » UAE banks trim credit card limits
- » Jordan's banking industry healthy, Moody's says
- » GCC banking conference set for Bahrain
- » Qatar banks require minimum deposits
- » First Gulf trims 'scores of jobs'
- » GIH hires HSBC to renegotiate its debt
Facebook
LinkedIn
Digg Index : Banking
Browse related articles
Browse related articlesToday's most read articles:
- » Tadawul market loses 2.35%
- » Leminar appointed exclusive distributor for IQ Air products
- » Samir Photographic Supplies launches new Olympus Stylus Tough-8000 camera
- » ATMS appoints Mobility Eye as premier partner for the GCC
- » SABB Takaful wins Best Takaful Product and Best Takaful Marketing at International Takaful Awards 2009
Medilyn Manibo, Assistant News EditorSaturday, December 20 - 2008 at 10:18 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
Disclaimer:
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AME Info Web site does not constitute advice or a recommendation by AME Info FZ LLC / Emap Limited and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AME Info Web site.
AME Info FZ LLC / Emap Limited can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AME Info Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / Emap Limited.
In no event shall AME Info FZ LLC / Emap Limited be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AME Info Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AME Info Web site does not constitute advice or a recommendation by AME Info FZ LLC / Emap Limited and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AME Info Web site.
AME Info FZ LLC / Emap Limited can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AME Info Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / Emap Limited.
In no event shall AME Info FZ LLC / Emap Limited be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AME Info Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
Web Feeds