09/19/2018
New Silk Road Finance Awards 2018 Middle East & Africa: Best Chinese bank in the region for BRI
Agricultural Bank of China
Retail Banking
09/19/2018
QNB wins two coveted New Age Banking Awards
GBCM evaluated the year-on-year performance of listed banks in Qatar on 15 different financial parameters in the survey, with QNB emerging on top as the best bank overall.
09/19/2018
Al Khaliji wins ‘Best Bank in Productivity’ award
The award was presented by Ewald Müller, Managing Director, Supervision and Authorisation, QFCRA.
09/19/2018
UAE- Business as usual during $204 billion BoB merger move
With better financial strength, the merged entity will also be well positioned to substantially increase market reach, particularly in south India, and operational efficiency
09/16/2018
Emirates NBD expands KSA branch network
The bank has opened its first branch in Khobar.
09/12/2018
New round of merger to create Dh415 billion bank
Abu Dhabi Commercial Bank, Union National Bank and Al Hilal Bank are in talks
09/05/2018
Citi wins tender to buy Israeli government's Bank Leumi stake
Nearly 89 percent of Leumi trades on the Tel Aviv Stock Exchange.
09/04/2018
ADCB confirms merger talks with UNB, Al Hilal Bank
Combined entity may have $113 billion in assets; if successful, a deal could be announced as early as this month, according to Bloomberg
09/02/2018
Bank Nizwa partners with Axis Bank
“The Bank Nizwa international money transfer service appeals to individual and corporate clients alike. It offers complete security and reliability with competitive exchange rates,” said Khalid Al Kayed, CEO of Bank Nizwa.
08/31/2018
Oman Arab Bank conducts induction course for new Omani staff at head office, branches
The induction was conducted at the bank’s head office in Ghubra and included two primary segments.
08/30/2018
Barwa Bank, International Bank of Qatar ink merger agreement
The merger will combine the strength and presence of the two banks in retail and private banking sector.
08/28/2018
Saudi trims gains; banks send Qatar 3.8 pct higher
Saudi market, which has added nearly 11 percent in the year-to-date
08/28/2018
Bank Sohar closes $250m loan facility
The facility was raised as part of the bank’s comprehensive asset growth strategy
08/27/2018
BLME first-half net profit jumps nearly 5 times
The balance sheet remained stable at around £1.1b
08/22/2018
Israel’s Bank Leumi Eyes Growth as U.S Tax Probe Rankles Rivals
Leumi settled its investigation by paying a $400 million fine in December 2014—an amount that will likely pale in comparison to the penalties Israel’s two other large lenders will end up paying.
08/21/2018
Kuwait- CBK's Al-Hashel among top 10 bank governors for '18 - report
"Our scorecards for this public finance leader's show who is maintaining control and moving forward, and who is struggling against slippery political or economic changes," Giarraputo quoted as saying.
08/17/2018
Other UAE banks attract attention as Emirates NBD extends falls
Shares Emirates NBD, which has a weightage of more than 7% on the index, have shed 15% in the past eight sessions
08/15/2018
SMEs can flourish with sound financial advice: National Bank of Fujairah
The ease of doing business and competitiveness are two of the leading characteristics that set the UAE apart from other markets
08/13/2018
Bank ABC posts $113m H1 net profit
Ratio of non-performing loans to gross loans was at 3.9% compared to 2017 year-end levels of 3.5%, and normalises to 3.0%, when legacy fully provided loans are adjusted for.
08/10/2018
Emirates Investment Bank Q2 net profit surges 33%
The bank’s net profit for the first half (H1) of 2018 was up 5.6%