04/04/2019
First Abu Dhabi Bank raises $1.1 bln in bonds - document
Citi and Standard Chartered arranged the issue.
Retail Banking
04/04/2019
NBB signs up TCS for core banking solutions
TCS BaNCS is a comprehensive and contemporary solution that will standardise and streamline NBB’s operations across multiple countries where the bank operates
04/04/2019
Abu Dhabi said to mull merger to create biggest MidEast bank
Sources say emirate is considering combining Abu Dhabi Islamic Bank with First Abu Dhabi Bank
04/04/2019
Top 10 companies in the Middle East
Another Saudi bank that generates a significant amount of revenue is the National Commercial Bank with around $9.6bn in reported revenue.
04/04/2019
NBB selects TCS BaNCS to power Core Banking Transformation
TCS BaNCS is a comprehensive and contemporary solution
04/03/2019
Emirates NBD to buy Turkey's Denizbank for $2.75 billion
Revised from the $3.2 billion it had agreed to earlier
04/03/2019
QIB opens new branch at Amiri Guard
“The Bank is committed to fulfilling the needs of our existing and growing client base and offering comprehensive financial solutions and services,” Hassan added.
04/03/2019
UAE's RAKBANK plans $500 mln sale of five-year bonds
The bank, majority owned by the government of the Ras Al Khaimah emirate in the United Arab Emirates
04/02/2019
Emirates NBD wins top award for retail banking
A front-runner in retail banking innovation, Emirates NBD continues to undertake numerous initiatives to create a more rewarding and customer-centric banking experience.
04/02/2019
KHCB Adopts Token.io to enable its Open Banking Services
By applying the system, the bank is setting the required foundation to develop its open banking services with high speed and efficiency.
04/02/2019
Egypt- NBE net profits reach EGP 10.1bn by end-June 2018
In FY 2017/18, the NBE injected about EGP 25bn into about 25,000 small and medium projects within the initiative of CBE for SMEs, compared to EGP 10bn injected to 11,000 clients in FY 2016/17.
04/02/2019
Banks’ lending growth to pick up pace in 2019
Government’s current expenditures remain broadly inelastic; leaving mainly two options, i.e., to lower their capital expenditure and/or raise debt to fund the spending.
04/01/2019
Noor Bank inks partnership with Emirates Skywards
Noor Bank credit cardholders can now transfer their Reward points to Skywards Miles
04/01/2019
Gulf Bank likely to suffer USD9.2m losses
"To give all our stakeholders comfort, this amounts to only 0.4 percent of our capital," it further affirmed.
03/27/2019
Ebdaa Bank to raise capital using profits
This is due to the increase in the volume of operations apart from the number and value of disbursed loans .
03/27/2019
GIB backs major conference
The two-day event is taking place at the Intercontinental Festival City, Dubai .
03/27/2019
CTBC Bank and Emirates NBD recognised as Best Retail Bank in Asia Pacific and the Middle East, respectively at The Asian Banker Excellence in Retail Financial Services Awards 2019
CTBC Bank's commitment to digital transformation drove expansion of its retail franchise
03/26/2019
Middle East: The Gulf's banks improve their Asia focus
Asia’s importance in global trade, helped by China’s ideas, innovation and growth and allied to the Middle East’s drive to improve living standards and diversify should profit every regional bank.
03/26/2019
AUB AGM approves a cash dividend of 15 fils per share
AGM held with 92.174 % attendance, to distribute a bonus of 5 shares per 100 shares
03/26/2019
ABK receives ‘Best Retail Bank in Kuwait’ for fourth straight year
Stewart Lockie wins coveted Retail Banker of the Year Middle East award