10/31/2019
Zahran: KFH is on track in promoting synergy among the group's banks
Al-Mukhaizeem: The success of the digital transformation strategy in the Group is a qualitative move in rolling out digital financial solutions
Retail Banking
10/31/2019
National Bank of Fujairah plans to set up SME banking platform
The platform will be an exclusive digital space co-created with SMEs to understand and address their needs.
10/30/2019
Ithmaar Bank launches WhatsApp chat service
Customers will be able to request for information about Ithmaar Bank products and services
10/30/2019
S&P maintains Gulf Bank of Kuwait's ‘A-’; outlook stable
The rating reflected the GBK’s position as Kuwait’s fourth biggest commercial bank
10/29/2019
Emirates NBD Announces Third Quarter 2019 Results
The cost to income ratio at 30.3% is within guidance however the Bank remains firmly focused on cost controls as we face pressure on income due to falling interest rates.
10/29/2019
Arab Bank Group profit grows by 4 per cent in nine months
Strong performance was driven by growth in core banking income with net interest income increasing by 5 per cent.
10/28/2019
QIIB profit jumps 5.7% to QR777mn in Q3
Sheikh Dr Khalid said, “Our satisfaction with the results stems from the fact that we were able to be part of the exceptional success achieved by the Qatari economy, which excelled in overcoming the siege and its repercussions.
10/28/2019
ADCB sees 13% drop in profits as income falls
Bank raises forecast for cost synergy benefits to Dh840b
10/28/2019
NBK Group CEO receives ‘Distinguished Services to Arab Banking’ award from ABA
This family is NBK’s most valuable resource and it is the men and women who dedicated their lives to make NBK one of the best banks in the Middle East region.
10/28/2019
Dubai Islamic Bank Shines at the Islamic Business and Finance Awards 2019
The bank received the renowned titles
10/28/2019
UAE’s Abu Dhabi Commercial Bank to exit Qatar and Kuwait
The move comes after the bank sold the majority of its banking portfolio in India to DCB Bank.
10/25/2019
UAE's First Abu Dhabi Bank Q3 net profit up 3%
FAB made a net profit of 3.11 billion dirhams ($847 million) in the three months ending Sept 30, compared to 3.02 billion dirhams in the prior-year period, it said in a statement.
10/24/2019
Commercial Bank customers can subscribe to IPOs through digital service
This new feature allows customers to easily subscribe when an IPO is released, with the ability to scan documents and send attachments with their online application.
10/24/2019
Al Wathbah, Meethaq SME and Najahi join in Riyada’s SME Forum
It is expected that this initiative will create 3,000 additional jobs in the SME sector.
10/24/2019
RAKBank reports Dh839.4m nine-month net profit
Diversified income streams and decline provisions support profits
10/24/2019
Bank of Sharjah announces financial results for the period ended 30 September 2019
Net profit for the period ended 30 September 2019 reached AED 172 million
10/24/2019
NBB records 1.8% increase in net profits for the first nine months of 2019.
Operating income during the nine months witnessed an increase of 7.2% year-on-year to BHD 94.9 million (USD 252.4 million) compared with BHD 88.5 million (USD 235.4 million) for the same period in 2018
10/24/2019
Qatar's Commercial Bank still looking to sell United Arab Bank stake
Commercial Bank continued to classify its shares in UAB as an "asset held for sale"
10/24/2019
Noor Bank's profit rises 12% to AED 595 million
Noor Bank achieved a 15.2 per cent annualised return on shareholders' equity
10/23/2019
QNB announces financing of Baladna IPO subscriptions
QNB provides innovative ways to enable customers to register on all IPOs either for themselves or on behalf of their relatives and children.