08/20/2019
ENBD, DIFC certify 5 startups in API Sandbox program
This even paves the way for inclusion of government partnerships with banks and FinTechs.
Retail Banking
08/16/2019
PIFSS approves merger of KFH and Bahrain Ahli Bank
Sources noted that the Wafra International Investment Company participated in the evaluation and study process, and stipulated in its approval to open the books of both banks and start the process.
08/15/2019
Bahrain Islamic Bank six-month profit down 5.56 pct
Total income rose 10.34 per cent to 22.566 million dinars but this was hit by a 13.04 per cent increase in total expenses to 13.341 million dinars.
08/15/2019
BBK to launch e-remittance on MaxWallet
The bank said yesterday that the service will allow all BBK customers to make cross-border payments to bank accounts, mobile wallets and cash-out locations .
08/15/2019
Israel's Bank Hapoalim profit misses estimates as loan provision spikes
Income from regular financing activity - totaled NIS 2,572 million compared with NIS 2,470 million in the corresponding quarter of 2018, an increase of 4.1%.
08/14/2019
NBB is looking forward to diversifying through strategic expansion in regional markets
Jean Christophe Durand, CEO of the National Bank of Bahrain, discusses his strategy to position the national bank as a market leader not only in Bahrain but also amongst its regional peers.
08/13/2019
Veeam helps bank deliver seamless and personalised services
QIIB offers innovative banking solutions based on customers’ needs, including mobile, Internet and phone banking.
08/12/2019
Russian robots to work in Oman’s National Bank
Russian robot manufacturer Promobot has announced that its robots will be employed at an Oman bank.
08/08/2019
African firm brings its revolutionary inclusive banking approach to Dubai
Dubai Chamber of Commerce and Industry (Dubai Chamber) has already announced its plans to host the fifth edition of the Global Business Forum on Africa on November 18-19 in Dubai.
08/07/2019
Net Income of Al Baraka Banking Group reaches US$ 95 million in the first half of 2019
With total assets exceeding US$ 24 billion
08/07/2019
Saudi British Bank posts Q2 loss as merger-related costs increase
Lender's tie-up with Alawwal bank has created the third-biggest bank by assets in the kingdom
08/06/2019
ADCB joins Global Ecosystem of Financial institutions
Along with 80 other financial institutions across Silicon Valley, New York as well as Singapore, Tokyo and Frankfurt, the Abu Dhabi-based lender will join Plug and Play's global ecosystem, leveraging the platform to support its comprehensive digital
08/06/2019
NBK-Bahrain reports net profits of KD 48.283 million for H1 2019
Total assets increased 12.8% y-o-y, net profit grew 9% y-o-y
08/06/2019
Israel’s third largest bank chooses Temenos
The new system will help streamline securities operations and upgrade the level of control over activity in this area, which will enable the bank to provide timely and reliable information in real time to its customers and to the bank's various units
08/06/2019
CBI reports $11.16mln net profit in H1 2019
Operating expenses were down by 14 percent to AED176 million compared to AED204 million during the same period last year
08/01/2019
QDB total assets rise to QR11bn in 2018 on credit growth: Qatar Central Bank
The bank also facilitates real estate development and provides housing loans to citizens.
08/01/2019
Dubai's biggest bank completes deal to buy Turkey's DenizBank
Emirates NBD MD says acquisition of DenizBank marks 'a new chapter in growth journey'
08/01/2019
QIB takes top spot at Global Finance ‘World’s Best Consumer Digital Banks’ awards
The ‘World’s Best Digital Bank’ awards is in its 20th year, and it is the second time it has been introduced to the Middle East.
08/01/2019
UAB sees 68% plunge in profits as revenues fall
Bank also records jump in interest expense in second quarter
07/31/2019
Doha Bank receives ‘Best Customer Service’ award
Al-Asadi added: “We are very proud to have won this prestigious award.