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

UAE monetary data points to tightening liquidity conditions

Non-resident deposits saw a moderate increase of 0.3 per cent in October compared to September.

National Bank of Fujairah scoops ‘Best New Islamic Window – UAE’ Award at the Islamic Business & Finance Awards 2016

Our Islamic balance sheet has grown rapidly, in the future, we see no reason why we cannot compete with larger and more established Islamic financiers.

Doha Bank holds Al-Dhameen camp for Qatari SMEs

The bank said it expects to generate a healthy portfolio of Al-Dhameen customers in the next two to three years.

Moody’s affirms Gulf Bank’s stable outlook and solid revenue-generating capacity

Moody’s also affirmed Gulf Bank’s stable deposits outlook.

Doha Bank hosts 'Al-Dhameen' camp for SMEs

Doha Bank has demonstrated its long term commitment to the success of SMEs

Gulf Bank Wins 'The Internet and Mobile Security Technology Implementation of the Year - Middle East' from The Asian Banker

New Digital Technology Has Increased Customer Satisfaction, Reduced Operational Risk

ABK receives ‘Best Co-branded Credit Card’ and ‘Best Credit Card’ awards from Banker Middle East

The awards are a testament to the strength of our long term partnership with ABK

Dubai’s Arqaam Sees Abu Dhabi Commercial Bank Buying Rival UNB

Brokerage ‘pretty confident’ Abu Dhabi banks looked at merger

Abu Dhabi Commercial Bank closes $600 million syndicated loan - statement

ADCB decided to increase the final amount to $600 million

UAE banks would benefit from mergers

Bank mergers are used in the GCC to save a bank in trouble, but a proactive strategy on mergers would create stronger, more efficient banks

HSBC Subsidiary to Sell Lebanon Business Arm to Blom Bank

This is part of HSBC's strategy to streamline its operations in order to lower expenses.

Abu Dhabi banks deny merger talks, shares fall

Abu Dhabi Commercial Bank, Union National Bank and Abu Dhabi Islamic Bank denied merger plans

Large Saudi bank cuts money quote; rates may fall back below repo

The government is the biggest shareholder in the bank.

Chinese banks active in UAE to spur regional growth

Bond listings by Chinese banks have totalled 1.98 billion US dollars, according to a Nasdaq Dubai spokesperson.

Ithmaar Bank's retail banking subsidiary in Pakistan, Faysal Bank Limited, shows improved profitability and expands branch network

FBL planned to open 75 new Islamic branches in 2016, of which 43 branches have already been opened.

Retail Banking