08/18/2016
Al Omaniya had initiated a preliminary discussion with Commercial Bank to explore the possibility of acquiring the Diners Club credit card business in the sultanate, which was subject to regulatory approvals.
08/17/2016
The two-year dollar loan, which may be extended by another year, will cut costs by about 175mn riyals over the full period.
08/16/2016
The ABPL will finalise this merger in the 9th Extraordinary General Meeting of the shareholders next Monday, in which, the shareholders will give final approval to the scheme of amalgamation.
08/15/2016
The year-on-year increase in the Bank’s core income reflects the successful progress in the implementation of the new business strategy to transform GIB into a leading pan-GCC universal bank providing innovative customer-centric solutions.
08/15/2016
Commercial Bank of Kuwait reported H1 profits down 31 per cent at KWD 11.5 million.
08/15/2016
Bahrain’s retail banks have been instructed to equip one of their branches to serve people with special needs, alongside other customers.
08/09/2016
The bank is committed to protecting its customers from online security threats and increasing cyber security awareness throughout the region.
08/09/2016
Best performing banks from 22 countries recognized
08/08/2016
This action reflects the conservative strategy that the bank has adopted for years.
08/02/2016
ADCB was also recognized in theretail banking sectorwith the “Retail Innovation of the Year” award for its introductionof the Voice Biometrics initiative “ADCB VoicePass”, a first in the region.
08/01/2016
Our strategy is on track, and CBI continues to attract new customers through having the speed and agility of a small bank, and the stability and security of a big bank through our relationship with QNB."
07/29/2016
The bank had consolidated net income of 1.46 billion Egyptian pounds
07/29/2016
Thursby was appointed Group CEO of NBAD on July 1, 2013, joining the lender from ANZ Bank where he was CEO of International and Institutional Banking.
07/29/2016
The new protocol grants Misr Italia clients unprecedented financing privileges, it includes various packages that satisfy all the client's needs with long payment period, low interest rates and monthly facilitated installments.
07/28/2016
This set of results strengthens the rationale of the proposed merger with FGB that was announced earlier this month.
07/28/2016
This compared to 1.45 billion dirhams in the same period a year earlier, while the average forecast of four analysts polled by Reuters was for a net profit in the quarter of 1.32 billion dirhams.
07/28/2016
Comfortable liquidity position well within regulatory requirements: Advances to Stable Resources Ratio at 91.5% and Liquidity Coverage Ratio above 70%
07/26/2016
Burgan Bank has one of the largest regional branch networks across Kuwait, Turkey, Algeria, Iraq, Tunisia
07/25/2016
The bank successfully completed the issuance of KD 100 million in Tier 2 capital in May 2016, pushing its Capital Adequacy Ratio under Basel III to 18.3% against the minimum regulatory requirement of 14.0%.
07/25/2016
The bank employs around 200 people in Lebanon.