This decision was taken following the US Federal Reserve Board’s announcement on 27th July, 2022, to increase the Interest on Reserve Balances (IORB) by 75 basis points.The CBUAE also has decided to … [+366 chars]
The Stuttgart-based group said in a statement that its net profit inched forward to 3.2 billion euros ($3.3 billion) in the second quarter from 3.1 billion euros a year earlier on a seven-percent inc… [+1133 chars]
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