Bahrain central bank plans to offer digital Dinar - Sky News Arabia
- Wall Street ends frenetic week with gains
- Apple (AAPL) Stock Soars on Another Robust Quarter Fueled by Monster iPhone and Services Numbers, Analysts Raise PTs
- BofA Raises Inflation Forecasts for 2022, Expects Fed to Hike 7 Times in 2022
- Oil hits 7-year peak on political risks, supply crunch
- Visa (V) Shares Soar on Beat-and-Raise, Analyst Encouraged
Get inside Wall Street with StreetInsider Premium. Claim your 1-week free trial here.
DUBAI (Reuters) - The Central Bank of Bahrain plans to offer a digital Dinar through a digital payments platform which will be available around the clock, Sky News Arabia reported on Sunday.
The central bank also aims to gradually raise the share of financing for small- and medium-sized enterprises to 20% of the financial portfolios of local banks by the end of 2025, Sky News cited the bank as saying.
(Reporting by Shakeel Ahmad; Editing by David Clarke)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Lawsuit accuses Chris Brown of raping unnamed woman on Florida yacht
- Bahaa al-Hariri enters Lebanese politics after brother bows out
- 'Horrific' destruction, casualties if Russia invades Ukraine -U.S.
Create E-mail Alert Related CategoriesReuters
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!