09/16/2020
National Bank of Abu Dhabi, now First Abu Dhabi Bank FAB.AD, sold the first green bonds in the region in 2017 and last week, Saudi Electricity Company (SEC) sold $1.3 billion in dual-tranche green sukuk, or Islamic bonds.
09/15/2020
The Asian Banker also awarded Commercial Bank the Best Digital Deposit Product of the year. The bank was selected amongst many competitors from Asia, Africa and the Middle East with their Mobile App service, “My Goals.”
09/14/2020
Capital Bank, a major Jordanian corporate bank with $3.5 billion in assets by end of June, would be able to diversify into retail banking through acquiring Audi’s Jordan operations with its 15 local branches.
09/10/2020
Globally, as the lockdown restrictions begin to ease, financial institutions are turning their attention to the new competitive landscape within the new normal, and how to come out ahead.
09/07/2020
Curiosity revenue, which holds greater than 86% of the whole revenue grew by 11.6%, whereas revenue from charges and commissions additionally elevated on the similar magnitude.
09/04/2020
The ratio of nonperforming loans to total cash loans, the lower the better, stood at 4.25% in the same period, versus 4.57% a year ago.
09/04/2020
He added that Ahlibank has created a successful benchmark in the international debt capital markets with the support from its Joint Bookrunner banks; Barclays, Mizuho Securities, QNB Capital and Standard Chartered Bank.
09/03/2020
The offer aligns with Qatar’s gradual lifting of the Covid-19 restrictions, as the bank is committed to continue presenting exclusive offers for its customers, while providing safe, secure, and fast payment solutions.