05/08/2018
Saudi British Bank Q1 net profit edges up to $277mln
Marking an increase of SR3 million or 0.3 per cent compared to SR1.036 billion for the same period in 2017
Retail Banking
05/07/2018
Gulf Bank voted ‘Best Retail Bank in Kuwait’ by The Banker Middle East
“It is an honor to be recognized as the leading retail bank in Kuwait for the third consecutive year, which I believe is a testament to the Bank’s commitment to its customers and their needs."
05/04/2018
CBK win kbc trophy boubyan bank fall in final
Top banks in Kuwait namely, CBK, Boubyan Bank, NBK, KFH, Warba Bank, Burgan Bank, ABK, AUB, Gulf Bank and KIB were competing for the KBC T20 Trophy.
05/03/2018
Saudi private sector sees worst month in nine years
Emirates NBD’s purchasing managers’ index recorded record lows in a number of categories for April
05/02/2018
Gulf Bank records 15% increase in Q1 net profit
Bank on the right track in delivering sustainable results: Alghanim
05/01/2018
ABK reports 18% rise in net profit for Q1 2018
Bank delivered excellent performance in first quarter of this year: Behbehani
04/30/2018
QNB holds Strategy Conference in Kuwait
QNB’s first branch was opened in 2007, where it offers all retail and business banking products
04/30/2018
CBI reports 93% increase in net profit in Q1 2018
Net Interest Income increased by 1% to AED 127 million in Q1 2018.
04/30/2018
FAB reports AED3 billion profit in Q1 2018
Saeed went on to say that "As part of our business expansion strategy, we are also extending our presence into Saudi Arabia
04/29/2018
Rakbank Group posts $56m net profit in Q1
England pointed out that besides the financial performance, Rakbank has participated in several initiatives throughout the first quarter of 2018.
04/29/2018
Access Bank UK eyes strong growth in Africa business through Dubai
The DIFC branch, regulated by Dubai Financial Services Authority is fast tapping into the trade finance business relations from the Middle East and Asia with the African continent, particularly Nigeria.
04/27/2018
Qatar's Al Khalij Bank Weighs Sale of French, U.A.E. Units
The blockade has hurt the revenue of many Qatari companies, forcing them to shrink their workforce and sell non-core assets.
04/27/2018
CORRECTED-UAE lender ADCB Q1 profit up 9 pct
ADCB’s impairment allowances reached 380 million dirhams during the quarter, down 2 percent from the same period of last year.
04/26/2018
UAE lender ADCB Q1 profit up 9%
The emirate's second-largest bank by assets made a net profit attributable to shareholders of AED1.21billion ($330million) in the three months to Mar 31.
04/26/2018
Egyptian banks strongly partake in Arab Financial Inclusion Week for 2nd year
Financial inclusion is a key pillar for achieving the state vision for sustainable development: Fayed
04/25/2018
CBD profit jumps 74.7% in Q1
"Disciplined execution of our plans resulted in lower operating cost, however, at the same time further enhancements were rolled out to our well recognised cash management and digital offerings," he said.
04/24/2018
Remittance Payments Hit Record $466b in 2017
The global average cost of sending $200 was 7.1% in the first quarter of 2018, and sub-Saharan Africa remains the most expensive place to send money to, where the average cost is 9.4%.
04/22/2018
Q1 results point to strong start for UAE lenders
Better margins, lower provisions lift banking sector performance
04/21/2018
Oxford honour for Doha Bank CEO
Citing a recent IEA survey of global carbon levels, he said global carbon dioxide emissions surged to record levels in 2017 after the landmark 2016 Paris climate agreement was signed.
04/19/2018
UAE- Emirates NBD Q1 profit surges 27%
During the quarter, the Impaired Loan Ratio improved by 0.2 per cent to 6.0 per cent.