03/29/2017
Commercial Bank’s long-term foreign currency and financial strength ratings lowered
Capital Intelligence Ratings has announced that it has lowered Commercial Bank’s financial strength rating to ‘BBB+’ from ‘A-’.
Retail Banking
03/27/2017
Commercial Bank workshop browses over its corporate Internet banking
This knowledge sharing workshop was held by the Transaction Banking Department in line with the bank’s Strategic Reshape Plan.
03/27/2017
NBK is first GCC bank to open branch in China
The bank’s activities were limited to non-operational activities such as client referral, information gathering, and market research.
03/24/2017
Fostering continental development
In an exclusive interview with Banker Middle East Editor, Nabilah Annuar, Dr. R. Seetharaman, Group Chief Executive Officer of Doha Bank provides an insight on the bank’s performance and direction for 2017.
03/23/2017
ABK wins Best Retail Bank in Kuwait award 2017
This award is a reflection of the hard work of the whole ABK team and is an endorsement which we are all very proud to receive.
03/23/2017
Banking champion sets sights on global expansion
The Turkish bank is a lot to digest, given that it has 620 branches, more than 12,000 employees, and as at the end of March its total assets are worth $32 billion.
03/22/2017
Egyptian Banks Company extends ACI Worldwide partnership
The programme will see the salaries of more than five million government employees deposited into bank accounts or on prepaid cards.
03/22/2017
Egypt's CIB bank sells 74.75% stake in CI Capital
The move to sell CI Capital comes in line with the CIB's strategy to gradually exit from its subsidiaries and affiliated investments.
03/22/2017
Qatari banks to see robust credit demand in coming years
Commercial banks’ increasing exposure to the public sector will continue to weigh on profitability.
03/22/2017
Emirates NBD concerned over links to Russian money laundering
Two UAE banks named among top 50 global banks that processed dirty funds
03/21/2017
Burgan Bank Offers Free Concierge Services to its Premier Customers
Premier customers will be able to avail services from a selected list of more than 20 services.
03/20/2017
Doha Bank bags Best local bank in Qatar award
The awards celebrated Doha Bank’s contributions towards strengthening the financial landscape in Qatar and the wider region.
03/17/2017
Arab bank deposits amount to $2.2tr, says report
The report stated the total assets of the sector amounted to $3.4 trillion at the end of 2016, which equals 140 percent of the total Arab gross domestic product.
03/17/2017
Bank Muscat, ONEIC join hands to promote electronic payment
Bank Muscat, and Oman National Engineering & Investment Company have signed an agreement to facilitate PoS card payment across the network of ONEIC outlets in Oman.
03/15/2017
Bankdhofar launches Oman's first sme-exclusive credit card
SMEs form the backbone of economies, and our solutions are helping these organisations thrive and conduct their business in a convenient and secure manner.
03/15/2017
Qatar First Bank records net loss for FY2016
QFB’s Sukuk book continued to generate positive returns close to QAR 30 million.
03/15/2017
Bahrain’s Khaleeji Commercial Bank to list on DFM
This reflects our success in implementing our strategy, according to our studied plans and clear objectives that we set based on our careful reading of market conditions and our continuous evaluation of our performance.
03/14/2017
Burgan Bank celebrates Mother’s Day with its customers
Burgan Bank continues to engage in partnerships with its customers that tie together privilege.
03/14/2017
Oman- Commercial banks plan to boost capital
Most commercial banks recorded growth in their net profits for 2016 except for the National Bank of Oman and Bank Sohar.
03/13/2017
UAE bank sector assets at Dh2.6 trillion, tops in GCC
The merger between the NBAD and FGB took the lead in terms of capital stock.