01/10/2021
The merger agreement is conditional on, amongst other things, obtaining regulatory approvals and upon the requisite resolutions being passed by the shareholders of Al Rayan and Al Khaliji
01/08/2021
Some banks replaced some of their price-sensitive deposits with interbank borrowings in 2020 to reduce their cost of funding and alleviate the pressure on margins due to the coronavirus pandemic
01/08/2021
Gulf banks are joining a wave of global borrowing after yields crashed following unprecedented stimulus by authorities to keep economies afloat during the coronavirus pandemic.
01/08/2021
The deal between Masraf Al Rayan and Al Khalij Commercial Bank is valued at 8.2 billion riyals ($2.2bn), according to Bloomberg data.
01/07/2021
Relocation plan expected to be completed in three phases by October this year
01/07/2021
Intra bank transfers to be carried out in 2 hours, while interbank transfers in 3 hours
01/07/2021
The bond will mature in January 2026
01/07/2021
The new campaign enables all credit card holders to receive 20% cashback when using the cards in purchases during the month of January
01/06/2021
The capital adequacy ratio was 17.9 per cent during the first-half of 2020, which is higher than the rates required by the Central Bank of Jordan.
01/06/2021
The addition of FAB demonstrates the appeal of CLSNet to FX market participants trading in emerging market currencies.
01/06/2021
Participants in the campaign expressed their great pleasure with the advanced digital services
01/05/2021
This will reflect positively on the sustainability of their businesses, especially in light of the current circumstances and the tremendous challenges facing the sector.
01/05/2021
The commercial banks’ credit to the services sector saw an 18.51% yearly expansion to QR328.59bn, which constituted 31% of the total domestic loans this November.
01/04/2021
Non performing loans and margin pressures to persist
01/04/2021
As a leading bank serving millions of customers across the MENAT region, Emirates NBD has undertaken a comprehensive and proactive plan to protect the financial security and economic well-being of its people, customers and the community.
01/04/2021
Saudi Central Bank gives licence to Zain's Tamam to provide micro-financing services
01/04/2021
With the new payment services being online, it is another step forward on our journey towards complete digitalisation.
01/03/2021
In addition, the division won the Excellence in Mass Affluent Banking award for its market leading Priority Banking proposition that delivered best in class investment and financial planning solutions.
12/30/2020
These recognitions reinforce our standing as a frontrunner in the region’s banking sector as we continue to strengthen our proposition with many first-to-market innovations.
12/30/2020
Total assets of Turkish banking sector reach $786.9B as of end of last month, according to banking watchdog