12/05/2019
Saudi banks Q3 results boosted by mortgage lending
Three banks- Samba Financial Group, Banque Saudi Fransi and Saudi Investment Bank-- reported marginal declines.
Retail Banking
12/05/2019
Qatar Development Bank to launch fintech accelerator programme
Everyone is working together because everyone is needed to build the pillars of a successful and sustainable fintech ecosystem in Qatar, Hassan added while talking to mediapersons on the sidelines of the event.
12/04/2019
QNB Group receives prestigious ‘Bank of the Year 2019’ awards
The Banker magazine’s assessment was a testament that QNB have excelled in a number of areas, including corporate governance, sustainability and innovation, in addition to the significant roles the bank plays in the banking industry’s growth.
12/04/2019
Egypt’s top lender seeks approval to buy Mayfair Bank
It was licensed in June 2017 and nearly doubled its loss in the nine months to September 2019 to Sh250 million, making it one of the few lenders to post losses in Kenya’s banking market of 43 banks.
12/03/2019
Doha Bank wins Citibank’s ‘US Dollar Payments STP Excellence Award’
Doha Bank operations are geographically spread across strategic locations in Qatar.
12/03/2019
Saudi British Bank shares ideas on developing trade finance in Saudi
SABB is one of the leading banks in trade finance, and ranked first in launching several products and services aimed to promote the role of trade finance
12/03/2019
QNB Group receives 'Bank of the Year 2019' awards from Banker
The Banker's assessment was a testament that QNB has excelled in a number of areas, including corporate governance, sustainability, and innovation, in addition to the significant roles the bank plays in the banking industry’s growth.
12/02/2019
NBK named “The Bank of the Year in Kuwait” for 2019 by The Banker
The award underpins NBK’s solid business model, prudent as well as disciplined approach to risk management, in addition to its highly recognized and very stable management team.
12/02/2019
On the occasion of Qatar National Day, QIIB announces the best finance offers and offers on credit cards
Jamal Al-Jamal: National Day is a valued occasion that we celebrate with our customers with special offers that cater to their aspirations
12/02/2019
QIB awarded for 'best straight-through-processing in payments' by Citibank
The award was given to QIB for conducting international settlement services with an STP rate above 97%.
12/02/2019
Kuwait's Boubyan says in talks to buy UK-based Islamic lender
Lender says the deal for over 72% of Bank of London and the Middle East would be worth about $158m
11/29/2019
Saudi Bank Deposits Reach $453 Bn
The report reviewed development indicators in the banking technology sector and registered financial inclusion during Q3 2019
11/28/2019
Bahrain Bank ABC launches ‘ila’
The launch took place in an impressive ceremony at a hotel in Bahrain, amidst government and Central Bank dignitaries and business community leaders along with ila and Bank ABC staff.
11/27/2019
Dubai Islamic Bank Walks Home With Two Prestigious Accolades at Banker Me Industry Awards 2019
The Bank was crowned with Best Islamic Bank for the fifth year in a row, in addition to the Best Investment Islamic Bank award.
11/26/2019
Al Ahli Bank of Kuwait net profit hits KD 15.4 million
The reduction in Net Profit is the result of a very conservative provisioning and write-off policy, which was applied on fully secured but non-performing legacy credits.
11/26/2019
National Bank of Kuwait looks to diversification
As a sovereign entity, Kuwait has successfully insulated itself against the recent geopolitical headwinds in the region as well as the volatility in the oil markets.
11/26/2019
Citi introduces features that will change the way its consumers bank in Bahrain
Citi launches four currencies in one Citibank Debit Mastercard with Citibank Global Wallet
11/26/2019
Banque du Caire inaugurates two business development centres within Nile Pioneers initiative
The initiative's goals also include empowering women economically, encouraging local industry, and expanding digital applications to meet the demands of the Egyptian market and create job opportunities.
11/25/2019
NBK awarded ‘Best Foreign Exchange Provider’ in Kuwait and the Middle East for 2020
The rankings, compiled by international finance magazine, Global Finance, are based on input from industry analysts, corporate executives and technology experts.
11/24/2019
QNB receives ‘Achievement in Market Risk Management in the Middle East and Africa’ award from The Asian Banker
The recognition acknowledges the strength of the risk management controls and quality of the personnel the Bank employs to protect its customers.