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Retail Banking

10/24/2019

NBB records 1.8% increase in net profits for the first nine months of 2019.

Operating income during the nine months witnessed an increase of 7.2% year-on-year to BHD 94.9 million (USD 252.4 million) compared with BHD 88.5 million (USD 235.4 million) for the same period in 2018

10/24/2019

Qatar's Commercial Bank still looking to sell United Arab Bank stake

Commercial Bank continued to classify its shares in UAB as an "asset held for sale"

10/24/2019

Noor Bank's profit rises 12% to AED 595 million

Noor Bank achieved a 15.2 per cent annualised return on shareholders' equity

10/23/2019

QNB announces financing of Baladna IPO subscriptions

QNB provides innovative ways to enable customers to register on all IPOs either for themselves or on behalf of their relatives and children.

10/23/2019

Saudi Arabia hires JPMorgan, Standard Chartered for $2.5 bln sukuk

Saudi Arabia has borrowed extensively over the past few years to offset the impact of lower oil prices on state revenue.

10/23/2019

Standard Chartered brings real-time onboarding to the UAE for the first time

Real-time Onboarding solution will provide Standard Chartered clients with instant credit card approval and digital cards in as little as 10 minutes

10/23/2019

Alinma Bank sustains growth in all activities

Net profit for the third quarter of 2019 was SR713 million.

10/22/2019

Gulf Bank wins ‘Best Nationalization Initiative in the Private Sector’ award

Bank recognized for Kuwaitization achievements at prestigious GOV HR summit

10/22/2019

Burgan Bank posts strong earnings with Q3’19 net income of KD 22.7m

9-month net income of KD 67.5 million, return on equity of 10.4%

10/20/2019

Global Finance Names NBK “Best Emerging Markets Bank” in 2019

NBK was selected based on the Banks performance over the past year and other criteria

10/17/2019

Dubai’s Biggest Bank Plans $1.76 Billion Rights Share Sale

Emirates NBD to offer 758.8 million shares at 8.5 dirhams each

10/17/2019

ENBD launches rights issue to raise $1.75bn

The new shares will be allocated to eligible persons on Monday, 25 November 2019.

10/16/2019

Interview: UAE's RAKBANK ups fintech game for money transfers, renews SME focus, says CEO

We have a much bigger balance sheet now, and we have grown in other areas of banking, says RAKBANK CEO Peter England

10/16/2019

Bank Muscat net profits in nine months

Bank Muscat has announced its preliminary results for the nine months ended on September 30, 2019.

10/16/2019

Who is Abdul Aziz Al Ghurair, the new chairman of Mashreq bank?

Son of Mashreq bank’s founder will steer the company through the digital transformation

10/16/2019

Al Khaliji net profit rises 6% to QR497mn in third quarter

We continue to focus on our domestic market in Qatar, selectively capitalising on opportunities and diligently managing our margins.

10/15/2019

Barwa Bank announces October draw winners for Thara'a savings account

On a monthly basis, there are 42 winners per draw for the cash prize of QR5,000 each, as well as two winners per draw for the cash prize of QR10,000.

10/15/2019

NBK, the only Kuwaiti bank among the world’s 50 safest banks in 2019

Recognition demonstrates NBK’s exceptionally strong ratings, and successful strategy

10/15/2019

Commercial Bank of Dubai adopts the Microsoft Cloud to accelerate digitization

Commercial Bank of Dubai will be amongst the early adopters of Microsoft's UAE cloud regions to avail high performance, security, compliance and data residency

10/15/2019

Romanian lender BCR to sell headquarters in downtown Bucharest to Arab investor

Both buildings are likely to be sold by the end of this year

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