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Widespread Service Disruption Affects Sberbank and Other Major Russian Banks

Widespread Service Disruption Affects Sberbank and Other Major Russian Banks

Service Outages Reported by Sberbank and Other Banks Sberbank, the largest bank in Russia, announced on Friday that customers from several other major banks, including VTB and T-Bank, experienced similar service disruptions. Starting around 10 a.m. Moscow time, Sberbank users reported difficulties with payments and transfers. Some faced challenges withdrawing cash from ATMs or using […]

Islami Bank aims to recover Tk10,000cr from five Shariah-compliant banks

Islami Bank aims to recover Tk10,000cr from five Shariah-compliant banks

Governor assures support for smooth operation of Islamic Bank Board Islamic Bank Bangladesh Limited is pursuing the recovery of approximately Tk 10 million that five Shariah-based banks owe and discussed this matter with Bangladesh Bank Governor Mostakur Rahman on Tuesday, March 31. The meeting took place at the central bank’s headquarters at 11:30 a.m. and […]

Why Banks Are Considering Cardano Midnight Over Ethereum and Solana

Why Banks Are Considering Cardano Midnight Over Ethereum and Solana

Three essentials for banking Banks require three key features from blockchain technology, which public chains often struggle to provide. These are: privacy with selective disclosure, predictable execution without the need for Maximum Extractable Value (MEV) exploitation, and compliance tools that don’t expose sensitive data to everyone. It’s crucial for banks to keep customer transactions off […]

UAE Central Bank introduces a support plan for banks during the Iran conflict

UAE Central Bank introduces a support plan for banks during the Iran conflict

Live updates: Latest news on USA-Iran conflict The Central Bank of the UAE has approved a set of recovery measures aimed at stabilizing the banking sector amid ongoing conflicts in the Middle East. According to the board of the CBUAE, this initiative seeks to bolster the UAE’s banking sector “given the exceptional global and regional […]

Banks can now secure guarantees for loans to foreign companies without needing BB approval.

Banks can now secure guarantees for loans to foreign companies without needing BB approval.

The scheme pertains exclusively to foreign banks with satisfactory credit ratings from well-known international rating agencies. Commercial banks in Bangladesh can now secure guarantees from foreign banks without needing approval from the Bangladesh Bank when lending to foreign firms in the country. However, this opportunity is limited to foreign banks that hold favorable credit ratings. […]

Sen. Jim Banks Cautions About Chinese Pilots Receiving Training in the U.S.

Sen. Jim Banks Cautions About Chinese Pilots Receiving Training in the U.S.

Concerns Over Chinese Nationals Training as Pilots in the U.S. Senator Jim Banks from Indiana has raised concerns about Chinese nationals receiving pilot training in the United States. A recent book by Peter Schweizer, a best-selling author and contributor for Breitbart News, explores how American elites and certain foreign powers might exploit immigration. According to […]

Jim Banks Proposes ‘Dalilah Law’ to Prevent States from Granting Trucking Licenses to Unauthorized Immigrants

Jim Banks Proposes 'Dalilah Law' to Prevent States from Granting Trucking Licenses to Unauthorized Immigrants

Dalila’s Act Proposal Senator Jim Banks from Indiana is putting forward Dalila’s Act, named in honor of six-year-old Dalila Coleman. This proposed legislation aims to prevent states from granting commercial driver’s licenses (CDLs) to individuals who are undocumented immigrants. Banks unveiled the bill on Wednesday, garnering support from President Donald Trump, who mentioned Dalila during […]