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
Retail Banking
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.
07/31/2019
Saudi banks’ investments in government bonds rise 23.7% in H1
Saudi banks’ holdings jumped to SAR 351.62 billion in H1-19
07/31/2019
Riyad Bank reports 78% rise in second-quarter profit as impairments drop
Lender currently in merger talks with National Commercial Bank
07/31/2019
Saudi NCB posts 24% rise in quarterly profit
The bank’s total operating income increased by 8.5% mainly due to the increase in net special commission income
07/30/2019
Standard Chartered launches a Rewards Campaign exclusively for its Standard Chartered credit card holders
Customers using their Standard Chartered credit cards for international spends will receive double the bonus rewards
07/30/2019
Access Bank, DIFC woo firms for offshore business
“What the DIFC provides is another alternative and it is one that has been there for 15 years on and they have demonstrated that they are world class and can compete with the best economic zones anywhere in the world,” he stated.
07/30/2019
Al Ahli Bank of Kuwait Partners With EdgeVerve
Somnath Menon, Group Chief Operating Officer - Al Ahli Bank of Kuwait, said, "Robotic Process Automation is part of ABK's digitization strategy to transition to the next level of innovation and technology in banking.
07/30/2019
First Abu Dhabi Bank, Etisalat launch UAE trade finance blockchain
The project won’t just leverage blockchain, but also artificial intelligence, machine learning and robotics.
07/30/2019
QFB's first half results reflect its positive growth momentum
QFB resolved totally to wash away any previously accumulated losses.
07/29/2019
KFH opens its third digital self-banking station KFH-Go in Al-Mangaf Co-op
Mandani said that the new 24/7 automated branch is an advanced step