Category Archives: Article in Gulf News

BANKING BEYOND LOCKDOWN

Banks will very shortly be confronted with an existential conundrum, with the conflicting, indeed antagonistic forces of survival and social responsibility pulling them apart. With global recession, business closures and redundancies imminent, banks will suffer huge defaults and credit losses over the coming months. Meanwhile, in the short term, they will be expected to provide […]

DEALING WITH CURRENT OR IMMINENT FINANCIAL WOES

I dislike being a prophet of doom, but I dare say the business community’s financial troubles are even close to being over, something I have been saying since early 2014. In fact, current circumstances don’t warrant any analytical skills to surmise that this is all set to continue for a couple of years at least. […]

UAE BANKS FEDERATION – really needs to do Something!

Most banks’ federations or associations worldwide have, as principal objectives, a code of conduct for banks (largely involving ethics, disclosure, customer education & protection, transparency, prompt, fair dispute resolution etc.). Most also cast a protective eye on customers, engaging with the community in creating awareness with regard to rights & responsibilities, education on improvement of […]

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