07/24/2019
Al Khaliji posts half yearly net profit of QR352mn
The bank continues to focus on maintaining an efficient cost base, and for H1, 2019
Retail Banking
07/24/2019
Bank ABC and Emirates NBD capital launch
The Facility has a tenor of 3 years, and the proceeds of the Facility shall be utilized for NBO’s general corporate purposes.
07/23/2019
QNB wins three prestigious ABF awards in Singapore
Recognised as a leading publication for banking and finance executives in Asia, Asian Banking and Finance magazine evaluates the most outstanding practices and innovative strategies in Asia.
07/23/2019
Finance: After its acquisition, Attijariwafa Bank is struggling in Egypt
These decisions reflect a clear ambition. Attijari, whose net banking income reached Dh22.4bn ($2.3bn) in 2018 (+3.4%), wants to prevent its largest acquisition from turning into a disappointment.
07/23/2019
Oman’s economic reforms forecast to propel growth to 3.9% by 2021
Oil and non-oil sectors to remain buoyant
07/22/2019
NBF reports 15% rise in second-quarter net profit as impairment charges decline
Bank also reported a record first-half profit of Dh357.1m
07/22/2019
Emirates NBD plans further expansion in KSA
Bank granted SAMA approval to open 20 new branches in the Kingdom
07/22/2019
Mashreq posts Dh1.2 billion H1 net profit
Low impairment and higher non-interest income supported profit growth
07/22/2019
Boubyan Bank to climb 20 percent in revenue
The bank's profit is also likely to hit record KWD 67 million by 2020, KWD 75 million by 2021, and KWD 92 million by 2022.
07/22/2019
Oman- Euromoney honours Bank Muscat for outstanding contribution
As the flagship financial institution in Oman, Bank Muscat aims to deliver reliable, dynamic and innovative banking services.
07/19/2019
Retail Bank Loyalty Program Market Business Status and Outlook 2019 to 2025
The Retail Bank Loyalty Program market will register a 5.8% CAGR in terms of revenue, the global market size will reach US$ 1240 million by 2025, from US$ 880 million in 2019.
07/19/2019
Ajman Bank Launches New Branch in Dalma Mall and Introduces Another Digital Initiative
The opening of the Dalma Mall branch is in line with our growth strategy and will allow us to serve more customers while offering them greater convenience.
07/18/2019
QIIB posts half yearly net profit of QR510.6mn
The Qatari economy is achieving remarkable results thanks to the support, care and vision of His Highness the Amir Sheikh Tamim bin Hamad al-Thani.” Sheikh Dr Khalid said
07/18/2019
Gulf Bank awarded prestigious ‘Operational Excellence Award’ by Deutsche Bank
This achievement demonstrates how Gulf Bank is greatly reducing the administrative impact of payment processing
07/18/2019
FAB posts record H1 net profit of $1.7bn
Customer deposits reached Dh462 billion, up 7 per cent year-on-year.
07/17/2019
Emirates NBD second quarter net profit surges 80% on income from unit IPO
Dubai's largest bank made Dh2.1bn from the initial public offering of Network International in London
07/17/2019
Dubai Islamic Bank Q2 profit jumps 14%
The Islamic lender announced a 12.78% year-on-year rise in its first half net income
07/17/2019
Commercial Bank Group’s half yearly net profit rises 9.2% to QR934mn
The increase was mainly in the government and services sectors.
07/17/2019
AUB achieves a net profit of KD 30.8m for first half of 2019
The bank achieved good returns on equity and assets at 14.3 percent and 1.54 percent respectively for the first half of 2019
07/17/2019
NBB net profits increase 8.7% in H1 2019
For the second quarter of 2019, the Bank’s net profit increased by 14.6% to BHD 19.6 million ($52.1 million) compared to BHD 17.1 million ($45.5 million) in the second quarter of 2018.