03/15/2015
Mashreq Qatar awarded "Best Commercial Bank" by World Finance Magazine
World Finance magazine awarded 'Best Commercial Bank in Qatar 2014' to Mashreq, the leading financial institution in the Middle East and North Africa.
Retail Banking
03/15/2015
Mashreq among would-be buyers interested in Citigroup’s Egyptian consumer banking unit
Mashreq has joined the shortlist of potential buyers for Citigroup’s Egyptian consumer banking operations as the UAE’s biggest banks compete for a slice of the fast-growing market.
03/13/2015
Innovation and customer service makes Qatar’s Commercial Bank stand out
Ranking the world’s fourth largest economy, recent figures show the MENA region generated a combined GDP of approximately 3.6 trillion USD.
03/12/2015
Union National Bank wins Four Awards at the 2015 Banker Middle East Product Awards
UNB was the proud recipient of four product awards, Best Home Finance, Best Customer Service - Retail, Best SME Loan, and Best Deposit Scheme at the 2015 Banker Middle East Product Awards.
03/11/2015
National Bank of Fujairah emerges triumphant at the 2015 Banker Middle East Product Awards with five wins
Organised by CPI Financial, the awards are held annually to celebrate product innovation and service excellence in the local banking sector, with winners being selected through public voting.
03/06/2015
UAE banks turn to selfie credit cards and other gimmicks to attract customers
The Islamic lender Al Hilal Bank issued a card that gives off a scent
03/05/2015
Citigroup sells stake in Turkey’s Akbank for $1.2b
Citigroup has sold its nearly 10 per cent stake in Turkey’s Akbank for $1.2 billion
03/05/2015
MMG secures two new FM contracts in Syria
The Syrian branch of the Lebanon-based Maintenance Management Group (MMG) has secured two new contracts for Bank Bemo Saudi Fransi.
03/04/2015
Cedrus expands to retail banking
Cedrus Bank announced Tuesday that it will raise its equity to $60 million after Cedrus Invest Bank completed the acquisition of Standard Chartered Bank in Lebanon.
03/04/2015
Bank of Khartoum to open first Gulf branch in Bahrain
Bank of Khartoum, an Islamic institution which is Sudan's biggest privately owned bank, plans to open a wholesale banking branch in Bahrain.
03/04/2015
SABB Named "Best Trade Finance Bank" By Global Finance Magazine
The recognition from Global Finance magazine comes after an assessment of transaction volumes, scope of global coverage, customer service, competitive pricing and innovation of the leading trade finance providers in the Kingdom.
03/03/2015
Ahli United Bank is Gold Sponsor of an international women entrepreneurship conference
Women starting, growing and running their own business help create job opportunities
03/02/2015
NBAD plans makeover for Egyptian branch network
The chief executive Alex Thursby said on Sunday that he would bolster NBAD’s existing branch network in the North African country with a new look and new products, and this would not necessarily include additional branches.
03/02/2015
Abu Dhabi's NBAD says not interested in Citi's Egypt assets
Thursby was appointed NBAD's CEO in 2013
02/26/2015
Only in the UAE, a new 'selfie' credit card is launched
The latest came from UAE-based Mashreq, which announced on Thursday the launch of a ‘selfie’ credit card, in a bid to capture younger customers.
02/26/2015
Abu Dhabi Commercial Bank launches campaign with Minneapolis-based agency Solve
The message is: “If you can visualize it, ADCB can help you get there.” Creative agency Solve, based in Minneapolis, produced the campaign.
02/25/2015
Israel becomes 20th central bank to cut rates this year
JP Morgan chief economist Stephen Walters said most of the cuts came as a surprise because falling oil prices, supposedly freeing up disposable income, usually acted as an equivalent to a rate cut.
02/19/2015
Doha Bank names campaign winners
The campaign was a success as large numbers of Qataris and expatriates rushed to avail loans to benefit from the win-back offer — a chance of winning for every QR50,000 from their overall loans
02/17/2015
Bank Albilad plans branch expansion this year
The expansion plan was well-thought-out
02/16/2015
New drive to promote Bahraini women in banking launched
The meeting, which was held at the CBB, was chaired by CBB Governor Rasheed Al Maraj and the SCW secretary-general Hala Al Ansari.