09/18/2017
Emirates NBD plans Saudi expansion with 20 additional branches, CEO says
Dubai’s biggest bank is looking to acquire banks in the GCC, Africa and Turkey as it seeks to expand its footprint
Retail Banking
09/18/2017
Banque du Caire to inject EGP 5bn in syndicated loans to several economic sectors
We are considering participating in the EEHC loan by EGP 3bn, next to channelling other funding for public and private economic activities, says Soliman
09/18/2017
Bank ABC sets up office in the UAE
Bahrain-based Bank ABC has officially launched its branch in the Dubai International Financial Centre in Dubai.
09/18/2017
Business lending recovery to strengthen UAE banks
BMI forecasts bank assets will grow 5.2 per cent in 2017
09/18/2017
Challenges and opportunities for Banque Saudi Fransi in 2017
Robin Amlôt, CEO, CPI Financial spoke with Patrice Couvegnes, CEO, Banque Saudi Fransi at BSF’s head office in Riyadh.
09/12/2017
Doha Bank cuts staff after Qatar's rift with neighbors
The information was incorrect but declined to elaborate.
09/07/2017
Doha Bank highlights Qatar-UK economic ties
The Brexit development impacting UK and the economic blockade impacting Qatar.
09/07/2017
Bahraingoes for ‘ambitious’ 30year
The Kingdom of Bahrain has hired banks for a multi tranche Islamic and conventional trade that at the long end could stretch as far as 30 years, a tenor that some bankers have labelled “ambitious”.
09/06/2017
Around 400 jobs axed across Abu Dhabi’s banks
Number of employees in sector falls to 12,100 in second quarter.
09/05/2017
Net income of Abu Dhabi-based commercial banks hits Dhs9bn in Q2 2017
The growth recorded in bank income reflects the resilience of the banking sector as compared to other GCC states despite the global economic slowdown.
09/04/2017
Doha Bank CEO Says in Talks With Foreign Lenders to Raise Debt
Lender considering private placement or public debt sale
09/04/2017
NRIs drive UAE bank deposit growth
The fall in non-resident deposits in the first half was likely due to improving system-wide liquidity.
08/30/2017
Barwa Bank merger plans in final phase
After completing the legal and regulatory procedures, the three banks (Barwa Bank, Masraf Al Rayan and International Bank of Qatar ) will jointly announce the three-way merger, he said.
08/30/2017
Large UAE banks set to post solid profitability
The oil price levels will continue to weigh on deposit growth for the next few quarters.
08/30/2017
Large UAE banks post solid Q2 profitability as interest income rises
Combined deposits at the four banks declined marginally by one per cent to AED1 trillion compared to Q1 2017.
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.
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.