Browsing: digital banking

Crypto.com has signed a memorandum of understanding (MoU) with Dubai Islamic Bank (DIB) to strengthen its services across the UAE and the Gulf Cooperation Council (GCC) region. This alliance aims to enhance the cryptocurrency experience for its over 100 million global customers while integrating Islamic finance principles.

Hitesh Asarpota, CEO of Emirates NBD Capital, highlighted the strategic importance of the investment in LoanBook, stating that their loan syndication and agency team would work closely with LoanBook to address inefficiencies within the current loan market structure.

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