04/02/2019
KHCB Adopts Token.io to enable its Open Banking Services
By applying the system, the bank is setting the required foundation to develop its open banking services with high speed and efficiency.
Retail Banking
04/02/2019
Egypt- NBE net profits reach EGP 10.1bn by end-June 2018
In FY 2017/18, the NBE injected about EGP 25bn into about 25,000 small and medium projects within the initiative of CBE for SMEs, compared to EGP 10bn injected to 11,000 clients in FY 2016/17.
04/02/2019
Banks’ lending growth to pick up pace in 2019
Government’s current expenditures remain broadly inelastic; leaving mainly two options, i.e., to lower their capital expenditure and/or raise debt to fund the spending.
04/01/2019
Noor Bank inks partnership with Emirates Skywards
Noor Bank credit cardholders can now transfer their Reward points to Skywards Miles
04/01/2019
Gulf Bank likely to suffer USD9.2m losses
"To give all our stakeholders comfort, this amounts to only 0.4 percent of our capital," it further affirmed.
03/27/2019
Ebdaa Bank to raise capital using profits
This is due to the increase in the volume of operations apart from the number and value of disbursed loans .
03/27/2019
GIB backs major conference
The two-day event is taking place at the Intercontinental Festival City, Dubai .
03/27/2019
CTBC Bank and Emirates NBD recognised as Best Retail Bank in Asia Pacific and the Middle East, respectively at The Asian Banker Excellence in Retail Financial Services Awards 2019
CTBC Bank's commitment to digital transformation drove expansion of its retail franchise
03/26/2019
Middle East: The Gulf's banks improve their Asia focus
Asia’s importance in global trade, helped by China’s ideas, innovation and growth and allied to the Middle East’s drive to improve living standards and diversify should profit every regional bank.
03/26/2019
AUB AGM approves a cash dividend of 15 fils per share
AGM held with 92.174 % attendance, to distribute a bonus of 5 shares per 100 shares
03/26/2019
ABK receives ‘Best Retail Bank in Kuwait’ for fourth straight year
Stewart Lockie wins coveted Retail Banker of the Year Middle East award
03/26/2019
Al Hilal Bank cuts 160 jobs ahead of three-way merger
The bank is expected to merge with the two other Abu Dhabi lenders, which will create the third largest bank in the UAE, in the first half of 2019
03/25/2019
Citi launches next generation mobile app in the UAE
More than 80% of its customers are enrolled in digital channels
03/25/2019
NBF on track for stronger performance in 2019
Consistent asset growth and lower costs to support profitability
03/25/2019
QIIB optimistic on growth, expansion in 2019
“This year also we expect the corporate sector will continue offering more opportunities as several new projects as well as remaining projects related to the Fifa games are being implemented,” he added.
03/21/2019
Commercial Bank looks to further uplift future business performance
Qatar has strong economic fundamentals, which are recognised by the major rating agencies and international investors.
03/19/2019
UAE banks to continue to digitise in cost cutting push, Alvarez & Marsal says
Large lenders will increasingly reduce their dependence on traditional branch networks as they embrace technology
03/19/2019
Global Finance names NBK ‘Best Bank in Kuwait 2019’
Al-Fulaij: Award reflects NBK’s strong results and its promising future
03/18/2019
Why UAE is one of world's best markets for retail banking: HSBC
Major global bank says its committed to long-term growth in country
03/15/2019
Egypt- Banque du Caire opens regional office in UAE for Gulf customers
It targets promoting trade between Egypt and the Gulf region, attracting more Arab investments to Egypt, financing trade operations, and luring Egyptians' money transfers to Egypt.