Retail Banking

06/28/2015

Ithmaar Bank earns Excellence Award

Ithmaar Bank , which achieved 94.5 percent efficiency in the execution of electronic payments during 2014, received the Straight Through Processing Excellence Award at a ceremony held at the Bank's Seef Headquarters.

06/24/2015

Doha Bank starts operations in SA

Doha Bank Group, one of the largest commercial banks in Qatar, said it is this week opening an office in South Africa, which it sees as the “gateway to the African continent”.

06/23/2015

NCB raises SR1bn through sukuk

Saudi Arabia's National Commercial Bank became the latest lender in the Kingdom to announce the sale of a capital-boosting Islamic bond, raising SR1 billion ($267 million) through a sukuk which will enhance its core capital.

06/23/2015

UAE bank NBF expects market-leading loan growth this year

National Bank of Fujairah (NBF) expects to outperform its rivals with double-digit loan growth in 2015 as buoyant demand in sectors such as trade finance, services, manufacturing and education offset slight softness in the infrastructure market, its CEO s

06/23/2015

StanChart launches new employee benefits scheme

A new employee benefits scheme granting mothers 140 days of maternity leave as well as 10 working days to fathers as paternity leave has been launched by Standard Chartered Bank Bahrain.

06/20/2015

Al Etihad Credit Bureau to debut scoring system next year

Al Etihad Credit Bureau's database of the credit history of all retail borrowers helps banks to build a picture of a potential borrower’s indebtedness, and allow them to assess their ability to honour the debt. Silvia Razgova / The National

06/09/2015

Strong growth for UAE banks

Central Bank of the UAE Governor Mubarak Al Mansouri said he expected credit growth to remain robust and that there was excess liquidity in the country's banking system.