Anita Yadev, the CEO of Global Credit Advisory, said, “Customers need to be mindful of the underlying terms and conditions when taking new cards. Banks have different terms and conditions for different credit cards, and they have become stringent when offering credit limits to customers.” For example, banks…
Read MoreSome UAE banks have introduced marginal increases to interest rates on outstanding balances and on financial charges for credit cards, said Anita Yadav, the CEO of Global Credit Advisory. Monthly rates on balances have gone up from 2.5-3 per cent in 2022 to 3.25-3.85 per cent. “Banks may…
Read MoreThe ruling, the first since the troubled bank was taken over by rival UBS Group in June, is the latest development in the Singapore chapter of the long-running saga that’s spanned three continents. The case revolves around the case of private banker Patrice Lescaudron who was convicted in…
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