09/20/2019
U.A.E.’s Commercial Bank Plans to Cut Up to 18% of Its Workforce
Lender expects 80-100 staff to take voluntary redundancy
Retail Banking
09/20/2019
KFH-Turkey... Robust Financial Position, Very High Liquidity Ratios
Al-Nahedh: 20.27% CAR of KFH- Turkey... higher than regulators` requirements
09/19/2019
Abu Dhabi’s CPI slips 0.8% in 8 months
The CPI reached 111.1% for the January-August period of 2019
09/19/2019
ABK sponsors central bank’s International Banking Conference – Shaping the Future’
Finance and banking sector facing unprecedented disruption today: Al-Sumait
09/17/2019
al khaliji first among banks to move headquarters to Lusail
The vision for Lusail city was first conceptualised in 2005 and is today one of Qatar’s largest undertakings.
09/17/2019
Kuwait Finance House to buy Bahrain’s AUB in $8.8b deal
Kuwaiti lender offers 1 share for every 2.325581 shares of Ahli United Bank
09/17/2019
Dynamic currency conversion option on Emirates NBD ATMs
Visitors to the UAE will now have the option of choosing to carry out dynamic currency conversion of their cash withdrawals when using their Visa card at any Emirates NBD ATM across the country.
09/16/2019
Doha Bank CEO honoured with excellence award
He said steps must be taken to ensure that remuneration is established through an explicit governance process, and should be considered good practice to give a significant role to non-executive independent board members in the process.
09/16/2019
Qatar- Commercial Bank enters into partnership with WCPI
Partnership grants Commercial Bank exclusive right to market in Qatar WCPI's ‘Leasing and Finance Programme'
09/15/2019
Kuwait Finance offers to buy Ahli United in $8.8bn deal
The combined entity will potentially become the Gulf’s sixth-biggest lender with $100bn in assets
09/15/2019
Burgan Bank Revamps Its Al Thuraya Salary Account to Now Provide a New Range of Options and Features
Burgan Bank recently announced the revamp of its Al Thuraya Salary account which provides customers with new valuable and beneficial offerings and a monthly cash draw.
09/13/2019
Altico misses interest payment, underlining stress in realty market
The default by Altico Capital follows a rating downgrade and the resignation of its chairperson Naina Lal Kidwai earlier this month
09/13/2019
Kuwait Finance House plans $8.8bn deal for Bahraini bank
Kuwaiti lender has offered to buy Bahrain's Ahli United Bank in an all-share deal
09/12/2019
NBK receives 3 awards from Global Finance at GFM Awards in Dubai
Bank wins ‘Most Innovative Digital Bank’ award for real time payment tracker
09/12/2019
Kuwait's Warba Bank hires banks for dollar sukuk
BNP Paribas, Emirates NBD Capital, and Standard Chartered were hired as joint global coordinators
09/12/2019
NBK Sponsors the International Banking Conference: "Shaping the Future"
The prestigious event will welcome an audience of top- key policymakers, senior banking industry executives, banking experts and FinTech entrepreneurs from across the globe.
09/12/2019
Network stake sale boots ENBD’s capitalisation
Deal increased the bank’s profitability to buffer for Denizbank acquisition
09/12/2019
Turkey puts last touches on its own rating firm in snub of Big 3
“Banks, private institutions and many foreign institutions – provided that there’s no conflict of interest and that independence isn’t harmed – may be partners” to the firm, Akben was quoted as saying by Anadolu on June
09/12/2019
Gulf International Bank Wins Eight Awards at the 2019 Global Finance Magazine Awards
GIB’s shariah compliant digital retail bank, meem, scooped six awards and its Global Transaction Banking business won two others
09/11/2019
Commercial Bank enters into partnership with WCPI
The agreement enables Commercial Bank to pioneer the distribution of the LF Program in Qatar, allowing the Bank therefore to provide yet again unique banking products and services into the Qatari market.