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Retail Banking

10/25/2017

Goldman Sachs to HSBC jostle for Saudi spoils in economy’s shift

The occasion: debating the opportunities created by the kingdom’s reform process while mingling with Saudi ministers of finance, energy, and commerce and the head of the country’s sovereign wealth fund.

10/25/2017

Saudi British Bank Meets Forecasts With 8.8 Percent Rise In Quarterly profit

SABB Is In Merger Talks With Local Peer Alawwal Bank

10/25/2017

First Abu Dhabi Bank posts Dh2.6 billion Q3 profit

FAB Was Created After The Merger Of National Bank Of Abu Dhabi And First Gulf Bank

10/25/2017

ABK reveals net profit of KD 22.1 mln in Q3 2017

Capital adequacy ratio was robust at 16.76 percent and Earnings per Share (EPS) stood at 14 fils, compared to 12 fils in 2016.

10/24/2017

Transaction banking is opening up at a fast pace

We need to see how real-time applications drive large banks towards becoming open platforms.

10/24/2017

Saudi Upgrade to Emerging Market Status From MSCI Is ‘Inevitable,’ HSBC Says

Stock buyers are already positioning themselves, bankers say

10/24/2017

UniCredit opens new branch in Abu Dhabi

UniCredit has chosen the Abu Dhabi Global Market, the region’s leading financial free zone, as a base for its new operation.

10/24/2017

Burgan Bank Group Announces 2017 First Nine Months Earnings

The strength of our operating capabilities is yielding strong performance that was reflected during the first nine months of the year.

10/22/2017

ADCB third quarter profits up 9% to Dh1.1b

Increase in profits comes despite higher impairments, which jumped 10%

10/22/2017

National Bank of Fujairah operating profit grows 11.9% in Q3 2017

Net interest income and net income from Islamic financing and investment activities for the quarter grew by 11.5 percent.

10/22/2017

Global Finance names UNB among top 10 safest banks in Middle East

The bank aims to achieve sustainable growth and to maintain strength in the face of economic changes

10/19/2017

Q3 profit rise at Riyad Bank could support Saudi bank stocks

Results on Thursday included Saudi Kayan Petrochemical Co., which reported a 140.9 percent rise in third-quarter profit to 381.0 million riyals

10/18/2017

NBK named Best Bank in Kuwait 2017 by Global Finance

We have selected the winners based on performance over the past year.

10/18/2017

Commercial Bank of Dubai profit drops on provisions

Customers' deposits in the first nine months reached Dh47.5 billion

10/17/2017

Gulf Bank Records an Increase of 10 Percent Y-O-Y in Net Profit for the First Nine Months of 2017

Over the first nine months of 2017, total assets of the bank grew by 3.5% while Loans and Advances to customers increased by 3.3%.

10/17/2017

ENBD honoured at BAI Global Innovation Awards

The awards recognize banking institutions changing the face of the global financial services industry.

10/16/2017

UAB Q3 profit hits Dh50 million on lower provisions

The benefits of branch rationalisation have resulted in operating expenses being robustly managed.

10/16/2017

Second UAE Food Bank opens in Dubai

The UAE Food Bank is an integrated humanitarian system to establish the value of feeding.

10/16/2017

Abu Dhabi Commercial bank raises A$400 mln in bonds

Kangaroo bonds are issued by non-Australian issuers in the Australian market and are denominated in Australian dollars.

10/15/2017

Qatar National Bank aims to refinance $3 bln loan by year-end –sources

Authorities in the three countries have not publicly warned foreign banks against doing business in Qatar, but foreign bankers fear consequences if they do new deals there.

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