08/29/2017
Major banks' profits to remain solid
Operating expenses across the four banks were down by six per cent relative both to the previous quarter and to second quarter 2016.
Retail Banking
08/24/2017
Qatar bankers ask who their friends are in Gulf scrap
Qatar’s central bank asked them to rate whether international banks increased, kept steady or reduced their business.
08/23/2017
Bank of Palestine announces a net profit of $24.72 million for the first half of 2017
Total assets up by 13.06 per cent at $4.65 billion compared with $4.11 billion at year end of 2016.
08/23/2017
Credit demand at Saudi banks to remain subdued: BMI
BMI believes that liquidity conditions in Saudi’s banking sector will continue to improve throughout the rest of 2017 and in 2018, after experiencing significant headwinds in 2016.
08/20/2017
Turkey’s Akbank secures $1.2 billion loan for 2017
On the back of favorable political and macroeconomic developments in Turkey and Akbank’s strong fundamentals.
08/17/2017
United Gulf Bank posts H1 results
UGB balance sheet remains strong with total equity of $550.2 million (31 December 2016: $529.5 million) mainly reflective of the increase in retained earnings and fair value reserves.
08/16/2017
Union National Bank opens Shanghai branch
Becoming the first bank from the UAE to operate a branch in mainland China
08/14/2017
Emirates NBD takes financial fitness to a new level
We leveraged this opportunity to encourage our customers to become healthier and happier.
08/10/2017
RAKBank to stop clearing cash cheques from next month
The bank recommends its customers to register for digital banking services to facilitate quick and convenient processing banking transactions including funds transfer requests.
08/10/2017
Qatar Banks Shunned by Peers Will Need to Pay More for Cash
Saudi Arabia and other Arab nations severed relations with Qatar two months ago accusing it of supporting extremist groups, a charge it denies.
08/09/2017
Oman Arab Bank unveils unified digital banking platform
Following the launch of the new platform, the bank also announced the launch of its new mobile banking application, which uses the same innovative icon-based design, offering the bank’s customers a better banking experience.
08/07/2017
Saudi's Samba Q2 profit down 3.3 percent
Four analysts polled by Reuters had on average forecast the bank would make a quarterly net profit of 1.22 billion riyals.
08/07/2017
Qatari bank mulls fresh fundraising
As some Gulf lenders refuse to roll over holdings.
08/07/2017
NBK-Bahrain reports net profits of $122m for H1
The Bank’s strong results affirm the success of NBK Group’s regional expansion strategy despite economic and geopolitical challenges.”
08/07/2017
StanChart CEO says Gulf rift puts Dubai finance hub at risk
There is a risk of turning away from the UAE.
07/31/2017
Doha Bank to open branch in Singapore
We are just reorganising our process and areas of investments.
07/30/2017
Qatar bank lending growth accelerates in June
Annual growth in Qatar's bank lending accelerated in June.
07/28/2017
UAE's First Abu Dhabi Bank posts Q2 net profit of 2.56 bln dirhams
EFG Hermes had projected a profit of 2.57 billion dirhams for the combined bank.
07/26/2017
NCB’s net income up 1% in H1
The Bank’s total assets reach SR450 billion compared to SR453 billion at the end of the same period of the previous year.
07/26/2017
Qatar National Bank unveil its operations in India
The Group offers a whole new range of banking products and services.