The Central Bank of the UAE is the country’s main financial regulator. UAE has 26 foreign banks and 23 local banks under the central bank. The biggest banks govern the country’s banking sector. The central bank is the state-owned organization and is responsible for issuing currency, distributing currency, monetary policy and all banking regulation. In […]
Continue readingThere are 11 local banks in Kuwait under the central bank. The Central Bank of Kuwait is responsible for overseeing the country’s banks and maintaining the stability of the Kuwaiti dinar, and acting as the government’s banker and economical adviser. The Central Bank of Kuwait strictly monitoring all the systems of local banks on behalf […]
Continue readingThe National Bank of Cambodia is the central bank of Cambodia. The bank was established in 1954 and it was located in Phnom Penh. The Central Bank shut down in 1975, but returned in 1979 in the name of the different banner of the People’s Bank of Kampuchea. In 1992, the bank became the National […]
Continue readingSaudi Arabia is an Arab Muslim state in the Middle East. Officially, Saudi Arabia called the Kingdom of Saudi Arabia which is a desert country. Saudi Arabia is bordered by Kuwait, Jordan, Iraq, Qatar, Oman, United Arab Emirates and Yemen. Also, the country has maritime borders with Egypt, Sudan, Iran and Bahrain. Saudi Arabia is […]
Continue readingThe Central Bank of Oman was established in 1974. Oman has 17 licensed domestic and foreign commercial banks and two specialized banks. The Central Bank of Oman is responsible for monitoring the local banking industry, interest rates, and issues development bonds and banknotes. The combined assets of Bank of Oman totaled US$73 billion which is […]
Continue readingBahrain is a Gulf Cooperation Council (GCC) enlisted middle east country. GCC was +established in 1981 and its six middle east countries members are Saudi Arabia, Qatar, United Arab Emirates, Oman, Bahrain and Kuwait. Bahrain’s economy is dependent upon its country’s oil and gas. Bahrain currency is the second leading valued money in the world. […]
Continue readingThe Bank of Mauritius is the central bank of Mauritius was established in September 1967. It was modeled after the Bank of England and was actually established with the assistance of senior officials from the Bank of England. The Bank of Mauritius is also responsible for implementing and formulating monetary policies that meet the conditions […]
Continue readingTaiwan is officially called the Republic of China (ROC). It is situated in East Asia and is the biggest mountainous island country. Taiwan is in the South China coastal area and the northern part of the Philippines. The island has a maritime border with Japan, China and Phillippines. Taiwan’s population is around 23.78 million (2018) […]
Continue readingThe central bank of Sri Lanka was established in 1950 and it is the country’s central bank and supervisory authority of the financial sector. Central banks implement monetary policy to supervise banks in Sri Lanka. Central Bank is committed to formulating policies to promote financial insertion. The central bank also ensures issuing currency, controls price […]
Continue readingSouth Korea is a country in the Eastern part of Asia. Officially South Korea’s name is the Republic of Korea (ROK). South Korean population is about 50.8 million and Seoul is the capital and biggest city of South Korea. Busan is the second port city. The Korean language is its official language. There are 148 […]
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