06/17/2019
RBS expects capital boost from Saudi bank merger
RBS said the merger would increase its Common Equity Tier 1 capital ratio--a key measure of balance-sheet strength--by 60 basis points compared with its position as of March 31.
Retail Banking
06/17/2019
Sabb completes merger with Alawwal Bank creating third-largest Saudi lender
Integration of the two banks will take up to two years
06/14/2019
Second merger wave may hit UAE lenders as industry shrinks
Analysts said that the absence of common shareholders and a lack of cross-Emirate deals have so far hindered transactions.
06/14/2019
NBK launches the World's First Full Metal NFC-enabled Visa Credit Card
In Collaboration with Visa
06/13/2019
UAE's Sharjah Islamic Bank readies capital-boosting dollar sukuk
Its board approved earlier this year the issuance of sharia-compliant Tier 1 instruments for up to 2.8 billion dirhams ($762 million), to strengthen the bank's capital adequacy ratios.
06/13/2019
Standard Chartered innovation fund eyes FinTech investments in the region
The lender is building a venture portfolio focused on digital transformation in finance
06/13/2019
Emirates NBD turns to SAS to oversee its digital transformation journey
With a total assets of around $136 billion, the Emirates NBD Group has a significant retail banking franchise in the United Arab Emirates.
06/13/2019
Open account in Riyad Bank without visiting branch
Riyad Bank makes great efforts to provide the best and latest banking services through advanced digital channels, where the bank is always keen to develop its digital channels and protection systems to meet the customers’ needs and interests.
06/12/2019
All major Gulf markets perform strongly
Qatar is sharply ahead on local retail accumulation as we go through the 1:10 stock split, said Bhandari.
06/12/2019
RAKBANK and Newgen Software Win the Best Branch Digitization Initiative Awards, 2019
"This award is a testament to RAKBANK's continuous efforts to innovate and provide high-quality service to its customers and we would like to extend our gratitude to Newgen Software for helping us achieve this milestone," he added.
06/11/2019
FAB partners with ADSSA to deliver state-of-the-art payment solutions
Advanced technology is part of a financial aid programme for limited-income Emirati families
06/11/2019
Saudi Lead Markets Higher
The index has gained over 12pc year-to-date in a rally led by foreign investors
06/10/2019
Retail banking strategy to drive asset growth
Digitisation to support efficiency and growth in market share
06/10/2019
DIB gets regulatory nod to acquire Noor Bank
The joint entity would create a bank with assets worth Dh275 billion
06/09/2019
Bahrain Islamic Bank (BisB) gives out free Sadeem Cards to its customers
Issuing free Sadeem cards to the Bank’s Credit Card holders
06/03/2019
GDP to gross domestic happiness is new world order: Doha Bank CEO
A further escalation of trade tensions and the associated increases in policy uncertainty could further weaken growth.
05/31/2019
UAE tops in bank assets in GCC at $682bln
The top 10 banks in the GCC grew their assets by 1.7% during the quarter accounting for 53.3% of the total GCC banking sector assets
05/30/2019
Kuwait International Bank starts marketing $300mln sukuk
Citigroup, Dubai Islamic Bank, First Abu Dhabi Bank, KAMCO Investment Co, KFH Capital Investment Company, and Standard Chartered Bank have been hired to lead the transaction
05/30/2019
Dubai CBD denies M&A activity saying it is focused on growth
Reports suggested that shareholders of the bank may opt to sell stake to encourage CBD merger with other lenders
05/30/2019
Standard & Poors' reaffirms Al Baraka Banking Group's rating
S&P commented that ABG's strength was its superior geographic diversification when compared to its peers