07/22/2020
The increase makes Banque Misr the largest shareholder in CI Capital's ownership structure, followed by Global Holding Group with 10.056%, then CIB - Egypt with 7.561%, and Mahmoud El Gamal Charitable Foundation with 5.439%.
07/22/2020
We have taken most of our offerings digitally through our mobile application and internet banking
07/20/2020
Bank attributes drop in profitability to higher impairments as well as COVID-19
07/20/2020
Drop in profit numbers attributed to higher provisions and absence of one-off gains
07/16/2020
QIB’s efficient risk management framework has ensured that the H1 2020 results have not been materially impacted by the events related to Covid-19.
07/16/2020
The awards stand testament to the efforts exerted over the course of the last three years to transform NBB into an institution focused towards the future and a solid, and agile entity that can adapt to changing market dynamics.
07/14/2020
The platform is beneficial for clients in a way where they can define budgets, monitor payments, automate the classification of transactions and conduct a comprehensive analysis of deposits and expenses.
07/14/2020
The new entity will have total equity of more than QR19bn and expected to contribute positively to the economic development in Qatar through financing development initiatives in line with Qatar’s 2030 vision.
07/13/2020
With customer-centricity placed at the heart of QIB’s digital transformation, the bank found that its online platform is now largely used and praised by its corporate customers, which manage and approve the majority of their daily financial transact
07/13/2020
Financial statements from CIB showed that the bank's net profit fell 9% during Q1 of 2020, to about EGP 2.398bn.
07/13/2020
The accepted company must have been operating for over three years and possess an active workplace, a commercial registry, and a tax card.
07/13/2020
The second-quarter figure was lower than EFG Hermes’ forecast of 3.316 billion riyals for QNB, which operates in more than 31 countries, including large operations in Turkey and Egypt.
07/10/2020
The Bank mandated NCB Capital as sole book runner, lead arranger and lead manager for the private placement offer
07/10/2020
The Bank's UAE operations have generated a Net Profit of AED 163 million for 2019 against AED 130 million for 2018.
07/09/2020
Long running internship programme aimed at shaping Bahrain's future banking leaders will be conducted virtually for the first time in light of COVID-19
07/09/2020
Sector is likely to face a challenging environment due to COVID 19 headwind
07/09/2020
Gudni Stiholt Adalsteinsson, Head of Treasury and Investment, Doha Bank said if one looks through the lens of global investment, then Qatar’s capital market represents strong fundamentals and good relative value.
07/08/2020
Al Ahli Bank of Kuwait said that its expected losses could reach 14 million dinars ($45.5 million), the Commercial Bank of Kuwait expected losses of 13 million dinars ($42.3 million) and Al Khaleej Bank expected will suffer losses of 42 million ($136.6 mi
07/07/2020
The proposed merger is at an early stage and subject to central bank, regulatory and government approvals, as well as the approval of the banks’ shareholders once due diligence has been completed.
07/07/2020
We believe in the resilience of the Saudi economy.