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The British Pound is the official currency of the United Kingdom and its Crown dependencies and British Overseas Territories. It is also used by some other countries as a reserve or a foreign currency. It is the oldest currency in the world that is still used as legal tender, and the fo
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With a 125-year history and an expanding international network, FirstBank of Nigeria has a solid foundation for its private banking division to offer first-class, tailored services to high net worth customers. Idowu Thompson, the Group Head of FirstBank Private Banking, explains how the bank underst
Eurobank Cyprus' headquarters can be found in NicosiaBankingAuthor:Antonis Houry, Manager of Strategy and Business Development for Eurobank’s Wealth Management DepartmentTop 5Top 5 forces that will sh...
Abdulbasit Al-Shaibei is the CEO and Board Director of Qatar International Islamic Bank (QIIB), one of the leading Islamic banks in Qatar and the region. He has been at the helm of QIIB since 2000, steering the bank to achieve remarkable growth and success in the Islamic banking sector. He also hold
In the world of finance, there are various financial instruments that professionals use to manage risk and hedge against future uncertainties. One such instrument is a Forward Rate Agreement (FRA). In this article, we will explore what a FRA is, how it works, and its significance in the financial ma
A limited liability company (LLC) is a popular business structure that offers personal liability protection to its owners. However, like any other business, LLCs require funding to operate and grow. One of the ways LLCs can secure financing is through a limited liability company loan.A limited liabi
What Is Annual Percentage Rate (APR)?Annual Percentage Rate (APR) is the yearly interest charged to borrowers or paid to investors. It represents the actual yearly cost of funds over the term of a loan or income earned on an investment. APR includes fees and additional costs associated with the tran
