News

Trade finance income rises in the UAE against the backdrop of resurgent foreign trade

Hani Al Maskati  -  Aug 30, 2012  -  Comments Off
With a majority of reporting banks posting figures far in excess of AED 100 million, trade fees and commissions rose by an average of 7%, in 2011 in the UAE. Several banks engaged in the crucial sector of trade finance were rewarded for their continued efforts and innovations by showing

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CMM releases version 2.0 of the eTreasurer© platform

Hani Al Maskati  -  Dec 01, 2004  -  Comments Off
In December 2004 the eTreasurer© platform was extended to offer the full set or Trade Finance and Trade Services capabilities for import, export and domestic trade. Consistent with the delivery philosophy first introduced with eTreasurer© version 1.0, it offers an exact fit with a Financial Institution’s trade product set for

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CMM launches its Trade Service and Finance Practice

Hani Al Maskati  -  May 01, 2004  -  Comments Off
In May, 2004 CMM responded to demand from existing Clients who having enhanced their Cash Management and liquidity capabilities turned their attention to upgrading their capabilities and roadmaps for Trade in support of Corporate demand for solutions to achieve more flexible trade terms and finance facilities.

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CMM launches eTreasurer©

Hani Al Maskati  -  Dec 30, 2003  -  Comments Off
CMM launches ver1.0 of the eTreasuer© platform, designed to deliver, via an internet connection, account management, payments, collections and liquidity to a Financial Institution’s Corporate customers.

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CMM opens its new head office in the Kingdom of Bahrain, the Middle East financial hub.

Hani Al Maskati  -  Sep 01, 2003  -  Comments Off
In September 2003, CMM opened head office in Manama – Bahrain the Financial hub for the Middle East after receiving approval from the Licensing and Policy Directorate within the Bahrain Monetary Agency www.bma.gov.bh. From Bahrain, CMM serves its existing customers in the Middle East, while its office in London looks

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