07/31/2019
Saudi banks’ investments in government bonds rise 23.7% in H1
Saudi banks’ holdings jumped to SAR 351.62 billion in H1-19
Retail Banking
07/31/2019
Riyad Bank reports 78% rise in second-quarter profit as impairments drop
Lender currently in merger talks with National Commercial Bank
07/31/2019
Saudi NCB posts 24% rise in quarterly profit
The bank’s total operating income increased by 8.5% mainly due to the increase in net special commission income
07/30/2019
Standard Chartered launches a Rewards Campaign exclusively for its Standard Chartered credit card holders
Customers using their Standard Chartered credit cards for international spends will receive double the bonus rewards
07/30/2019
Access Bank, DIFC woo firms for offshore business
“What the DIFC provides is another alternative and it is one that has been there for 15 years on and they have demonstrated that they are world class and can compete with the best economic zones anywhere in the world,” he stated.
07/30/2019
Al Ahli Bank of Kuwait Partners With EdgeVerve
Somnath Menon, Group Chief Operating Officer - Al Ahli Bank of Kuwait, said, "Robotic Process Automation is part of ABK's digitization strategy to transition to the next level of innovation and technology in banking.
07/30/2019
First Abu Dhabi Bank, Etisalat launch UAE trade finance blockchain
The project won’t just leverage blockchain, but also artificial intelligence, machine learning and robotics.
07/30/2019
QFB's first half results reflect its positive growth momentum
QFB resolved totally to wash away any previously accumulated losses.
07/29/2019
KFH opens its third digital self-banking station KFH-Go in Al-Mangaf Co-op
Mandani said that the new 24/7 automated branch is an advanced step
07/29/2019
Saudi rises for second straight session as Abu Dhabi winning streak ends
Abu Dhabi Commercial Bank , the country's second biggest lender, did not trade but reported an 11% drop in second quarter profit.
07/28/2019
Abu Dhabi Commercial Bank reports first half 2019 pro-forma net profit
The combination, which reinforced ADCB Group's position as the third largest bank by assets in the UAE, has created a resilient platform for sustainable growth through greater scale.
07/25/2019
Zenith Bank introduces save4me - A high interest target savings account
Foremost Nigerian Financial Institution, Zenith Bank Plc, has introduced a new product called SAVE4ME target savings account, to enable its customers plan and save towards their aspirations and needs conveniently.
07/25/2019
Al-Nahedh: KFH key component of Kuwait 2035 vision
KFH uses state of the art technology in its digital banking services
07/25/2019
Kuwait - Burgan Bank announces solid first half results
Our strategy continues to deliver, our business model is solid: chairman
07/24/2019
Al-Tijari declares a net profit of KD 9.8m for first half of 2019
Commercial Bank witnesses a healthy growth in key areas of business and revenue
07/24/2019
AUB honours employees for offering innovative proposals
During an award ceremony for the first edition of the initiative
07/24/2019
QIB named Islamic Bank of the Year and Best Islamic Retail Bank in Qatar
The bank’s strategy is closely tied with the Qatar National Vision 2030 and the government’s commitment to investments in the country’s infrastructure, the diversification of the economy, and the development of a strong private sector.
07/24/2019
Al Khaliji posts half yearly net profit of QR352mn
The bank continues to focus on maintaining an efficient cost base, and for H1, 2019
07/24/2019
Bank ABC and Emirates NBD capital launch
The Facility has a tenor of 3 years, and the proceeds of the Facility shall be utilized for NBO’s general corporate purposes.
07/23/2019
QNB wins three prestigious ABF awards in Singapore
Recognised as a leading publication for banking and finance executives in Asia, Asian Banking and Finance magazine evaluates the most outstanding practices and innovative strategies in Asia.