12/08/2020
Provisioning grows faster than credit in Qatar banks in Oct: QCB
The provisioning towards domestic coverage expanded 10.84% to QR25.16bn and those toward foreign coverage by 59.11% to QR6.81bn in the review period.
Retail Banking
12/07/2020
Bank Muscat and Newgen Software Win Award for the Best Lending Implementation in the Middle East
The bank improved their loan processing time by 42% with Newgen's retail lending solution
12/07/2020
Commercial Bank signs agreement with ECGC
The aim is to encourage healthy participation in sport and develop a community of women golfers in Qatar.
12/04/2020
Emirates Payment Services launches payment and credit app Empay in Dubai
UAE residents can download the free super app from the Google Play Store or iOS App Store and register in just two minutes, and obtain a Mastercard powered digital card through the app.
12/03/2020
The Banker’s Bank of the Year Awards 2020
The difficult operating environment makes this year’s winners in The Banker’s Bank of the Year Awards even more deserving of the Bracken trophy.
12/03/2020
Saudi Arabia: Real Estate Loans to Individuals Reach 73% in 10 Months
The programs launched by the government during the pandemic did not stop there.
12/03/2020
QIB recognised as ‘Bank of The Year: Qatar’ for second time
In 2020, QIB introduced new banking approaches in the Qatari market and implemented successful business continuity plans while having the safety of the employees and customers as its top priority
12/02/2020
Commercial Bank of Dubai Recognized with Best Commercial Bank and Best Digital Transformation Awards by MEA Finance
The MEA Finance Awards honors banking and financial institutions from across the Middle East and Africa region for their excellence in creating robust financial systems through innovation and digital transformation as well as advancing the overall industr
12/02/2020
Lebanon's Blom Bank enters new talks to sell Egypt business to ABC Bahrain
Announcement comes a month after Dubai's Emirates NBD said it was carrying out due diligence on a possible acquisition of the Egyptian operations of Blom Bank
12/01/2020
GCC mobile phone market remains sluggish as consumers stay cautious
The firm's latest Quarterly Global Mobile Phone Tracker reveals that smartphone shipments declined 0.9% to 4.16 million units, while feature phone shipments increased 4.1% to total 0.8 million units
12/01/2020
Natwest, Santander to sell more shares in Saudi British Bank -document
The two banks in September had handled a 1.5% stake sale by Natwest and Banco Santander in September
12/01/2020
Gulf banks take lead role in companies’ bailouts
Stimulus packages have come from monetary policy channelled through commercial banks
11/30/2020
Saudi banks’ outlook hurt by difficult operating environment
Fitch revises outlook for 11 Saudi banks to negative
11/27/2020
Emirates NBD unveils next-generation global corporate banking platform, ‘businessONLINE’
Clients can undertake cross-border transactions seamlessly, access a consolidated view of their balances across regions and currencies, and make the most of tailor-made advice for their business needs.
11/26/2020
Bank ABC's 4th MEA Fintech Forum highlights the trust of Financial Services Leaders in Digital as the recovery path for future banking
Held under the patronage of the Central Bank of Bahrain and hosted by Bank ABC, the Forum brought together Financial regulators, regional baking CEOs and heads of challenger banks who were joined by leading international experts and over 2000 delegates on
11/26/2020
Ithmaar Bank stresses digital brand protection
Ithmaar Bank is committed to becoming the Islamic retail bank of choice
11/26/2020
Moody’s reconfirms long-term deposit rating of QIB at ‘A1’ with a ‘stable’ outlook
QIB has reported strong profitability which has been broadly stable in the 1.4%-1.7% return on tangible assets, supported by the strong growth of the bank, which itself reflects the increasing penetration of Sharia compliant assets in Qatar.
11/26/2020
Huge rise in Commercial Bank contactless card taps
We are one of the largest issuers in this market.
11/25/2020
Commercial Bank and Qatar University award creative competition winners
Qatar University students were requested to come up with an idea of how to use the allocated space at the Commercial Bank branch at Qatar University Metro Station, name their project, and pitch in their ideas.
11/25/2020
Infibeam eyes lion’s share of e-commerce payments in Oman; to process transactions for its biggest bank
Digital payments and e-commerce technology platform company Infibeam Avenues, which had forayed into Oman last month partnering with its Bank Dhofar to process online payments for its customers, is aggressively tapping into the market further.