05/16/2017
Oman’s listed conventional banks achieve robust growth in credit
The banking sector remained resilient supporting the economic diversification initiatives and credit needs.
Retail Banking
05/15/2017
Commercial Bank opens its 30th branch at Mall of Qatar
The branch opening follows a two-week campaign, which included a competition and free vouchers.
05/15/2017
FAB named ‘Best Bank in the UAE’ at 2017 Banker Middle East Industry Awards
Launched in 1999, the Banker Middle East Industry Awards are organised by CPI Financial and celebrate the best and brightest of the banking and financial services sector in the Middle East.
05/15/2017
Seylan Bank raises US $ 75mn to expand small and medium enterprise lending
This is a significant moment for the bank. It is the first time that we have partnered with three globally recognized and respected DFIs, an investment fund and a regional bank.
05/15/2017
IBQ to sponsor ‘Bonds, Loans & Sukuk Middle East 2017’ in Dubai
IBQ is pleased to be the bronze sponsor of the Bonds, Loans & Sukuk Middle East 2017.
05/14/2017
Cairo Amman Bank Q1 profit falls
Q1 net interest income 22 million dinars versus 24.5 million dinars year ago
05/14/2017
Foreign Banks Setting Up Iran Branches
It was one of the first foreign financial firms to establish a presence in the country since the international sanctions.
05/14/2017
Attijariwafa Bank aims to become one of Egypt’s 10 biggest banks in 7 years
Flotation does not worry us, as we expected the move but did not predict its size.
05/11/2017
GIB wins nod to become a local bank in Saudi Arabia
The license is considered to be a significant turning point for GIB as it will reinforce its presence in Saudi Arabia through the offering of its services to its clients through providing innovative banking services and sustainable technology-oriented sol
05/10/2017
QNB Group inaugurates its Riyadh branch
QNB Group’s successful expansion is the result of well-researched risk management policy.
05/10/2017
GIB is Granted Approval to Become A Local Bank in Saudi Arabia
On this occasion, the Chairman of the Bank, His Excellency Mr. Jammaz bin Abdullah Al-Suhaimi, expressed the bank’s gratitude and appreciation for the confidence demonstrated by the Saudi authorities in light of this announcement.
05/10/2017
ABK takes home Bank of the Year award – Group demonstrates strength across the region
The Bank has also recently refined its e-banking offering to include substantial card enhancements such as payWave for debit.
05/09/2017
High demand for Eurobonds of Turkish banks
Demand by international investors indicates solid foundation of Turkish economy
05/09/2017
Alawwal bank wins 'Best Retail Bank' in Saudi Arabia at the Asian Banker awards
The award recognises Alawwal bank's customer centric approach and focus on innovation in products, services and its digital channels.
05/08/2017
Omani banks allowed to consider one per cent of non-funded credit for SME funding
The average SME lending by banks in Oman was roughly 2 per cent last year.
05/08/2017
CBD set for 'innovation-driven' growth
Strong top-line growth had powered the bank's first quarter headline results, delivering operating profits of 9.5 per cent over 2016.
05/07/2017
Standard Chartered sees strong growth in retail banking
The revival in retail banking business is largely driven by improvement in the non-oil sector of the economy.
05/07/2017
QIIB bags QDB Al-Dhameen best partner bank award
QIIB won this award after granting more than QR58mn in loans through the Al-Dhameen Programme.
05/05/2017
BankDhofar launches corporate and SME credit cards
Adding to its wide-ranging products, the new corporate credit card comes with a wide array of features including managing expenses, data transfer and integration through MasterCard Smart Data
05/03/2017
Abu Dhabi Commercial Bank Q1 profit up 8%
Impairments in the first quarter of 2017 totalled Dhs386m compared to Dhs352m in the prior-year quarter.