Managers of Wealth Middle East -Wealth, private banking and asset management news and opinion

Abu Dhabi Banks Said in Talks to Form Biggest Mideast Lender

NBAD and FGB both said it is not their policy to comment on speculation or rumor.

Oman banks’ merger to strengthen financial sector

This is one of the major mergers for Omani banks, after the merger of HSBC Bank Oman and the Oman International Bank almost four years ago.

Qatar National Bank says completes acquisition of Turkey's Finansbank

Finansbank is the fifth-largest privately-owned bank by assets in Turkey.

Ithmaar Bank continuously backs WIBC

Our continued support for the WIBC is in line with our long-standing commitment to playing a real and meaningful role in supporting the development of Bahrain’s banking and finance industry.

Ithmaar Bank continuously backs WIBC

Ithmaar Bank is committed to becoming one of the region’s premier Islamic retail banks, said Abdul Rahim.

Bank of Bahrain and Kuwait opens its first agency in Turkey

According to the announcement, BBK has an agency in Kuwait along with the one in the Kingdom of Bahrain.

KHCB named Bahrain's Fastest Growing Bank

Over the past year, the bank has seen increases in terms of net profit, gross assets, gross fixed deposits and financing assets.

ADCB recognized by Euromoney Award for Excellence 2016

Besides focusing on the cash management and trade management business, it has a very unique client services proposition that has been one of its key successes.

Ministry and Al Rayan Bank launch loyalty card

It offers the delivery of SMS messages to consumers to prevent fraud operations in online transactions.

Qatar National Bank sells QAR10 billion Tier 1 capital notes

The fully subscribed issue aimed to strengthen the bank’s capital adequacy ratios and support future growth.

KHCB Launches New ATM in Saar Mall

Commenting on this occasion Mr. Mazen Salman Sater, Assistant General Manager for Retail Banking said, "We are pleased to announce the launch of our new ATM which will allow customers to utilize our wide range of services.

Update on Bank Dhofar/Bank Sohar merger plans

The banks said they will keep the shareholders and the market informed of any further developments through suitable disclosures in line with the disclosure requirements.

AbdulAziz Al Ghurair named Middle East Banker of the Year

The UAB has been a source of strength and inspiration during times of economic turmoil and helped banks in the Arab world face many of the same challenges confronting banks in other parts of the world.

ABK wins ‘Best Bank Transformation in ME’ award

With the implementation of the ‘Simpler Banking’ strategy and major HR and technology enhancements, ABK has entered a new era

HSBC Lebanon acquisition delayed by staff negotiations

“It’s still not clear who will control the retail operations of the bank. We are one of the three or four banks bidding for the bank,” he added.

Bank Sohar launches new 'Mobile Banking App'

The app also features modern and easy navigation in addition to a streamlined look; allowing customers to do banking in one minute and view account balances, transfer funds, pay utility bills, credit card payments and much more.

Oman Arab Bank ‘Elite’ customers rewarded with additional exclusive benefits

OAB has consistently expanded its reach to meet customers’ various requirements in the best way possible.

Abu Dhabi Commercial Bank celebrates success at Asian Banker Leadership Achievement awards 2016

Being able to demonstrate the ability to translate strategy into execution is one of the core criteria required from the successful candidates put forward for the awards.

Bank ABC wins international branding award

The awards recognise excellence in brand development, brand advancement and visual identity rebranding based on a number of criteria such as content, strategy, execution, type and business sector.

Bahrain's GFH to list Khaleeji bank subsidiary in Dubai

GFH is in talks with the financial services firm that it might take over, Rayes said without giving details.