09/21/2013
Bank Muscat moves higher in rankings
The Banker - Top 1000 World Bank Rankings,' reckoned a primary source of bank data by the world's financial community
Retail Banking
09/17/2013
NBAD signs deal with Deutsche Bank for use of Guaranteed US Plus service
This new service was developed by Deutsche Bank’s Global Transaction
09/16/2013
Emirates NBD Sees Surge in Retail Banking as Economy Recovers
United Arab Emirates’ lenders will boost retail banking revenue at “high single to early double digit” rates as consumer lending increases amid the region’s accelerating economic growth.
09/15/2013
First Gulf Bank may bid for Barclays' UAE ops, says CEO
First Gulf Bank (FGB), the UAE's third largest bank, may look to buy Barclays Plc's retail banking operations in the United Arab Emirates
09/14/2013
Rabobank to Open Four Commercial Bank Branches in Turkey Growth
Rabobank, grappling with a contracting economy at home, is focusing on food and agricultural industries in faster-growing markets including Brazil and Turkey as it trims some operations elsewhere.
09/11/2013
Few UAE banks score high for customer service
The overall level of customer service provided by banks in the UAE has improved slightly since last year, but a lot has to be done to meet consumer expectations, a new benchmarking index showed.
09/07/2013
Dubai bank offers free holidays to entice more borrowers
A Dubai bank is offering free holidays and a delayed repayment plan in a bid to entice customers to borrow more money.
09/05/2013
Morocco's Attijariwafa Bank Profit Hit By Rise in Bad Debts
The bank is exposed to weak economies in sub-Saharan Africa where it is developing aggressively
09/02/2013
Barclays decides to sell UAE retail bank after review
A separate banking source confirmed that the bank was keeping its Dubai branches to service corporate banking clients.
09/01/2013
Kuwait''s Warba Bank plans to diversify services - CEO
Warba Bank strategy aims at boosting assets and profits as well as reducing risks through diversification of investment at quantitive and geographic levels.
08/31/2013
UAE banks facing pressure on margin, Standard Chartered CEO says
The last three to four years has seen low credit growth in the UAE of around two per cent
08/31/2013
Assets of top 10 GCC banks rise 16% to $743bn
The top ten GCC banks are among the fastest growing globally, led by QNB Group.
08/31/2013
EFG Hermes will cut costs further after posting second-quarter loss
The firm reported total consolidated operating revenues of EGP 506 million in 2Q13
08/28/2013
NBAD appoints new head of commercial banking
He will manage NBAD’s extensive banking products and services offered to small- and medium-sized enterprises
08/28/2013
Israeli Banks Boost Second-Quarter Profit as Provisions Fall
Israel’s two largest lenders, Bank Hapoalim Ltd. (POLI) and Bank Leumi Le-Israel (LUMI) Ltd., posted higher second-quarter profit as provisions for bad loans declined.
08/27/2013
Limitless Signs Sharjah Isalamic Bank at The Galleries Bankung Hub
Limitless has signed Sharjah Islamic Bank at The Galleries, bringing the total number of banks at Dubai's newest business community to nine, the company announced today.
08/26/2013
Saudi bank lending, M3 growth edge up in July
The central bank's net foreign assets reached a record high of 2.549 trillion riyals ($679.7 billion) in July.
08/25/2013
GIB Planning Major Regional Expansion
Bahrain-based Gulf International Bank unveiled plans to expand across the region by launching a retail banking network.
08/24/2013
Al Baraka Bank Egypt wins quality award
Al Baraka Bank Egypt, a subsidiary banking unit of Al Baraka Banking Group and its banking arm in the Egyptian market, announced the winning of the 'The Majestic Five Continents Award for Quality and Excellence' granted by the well-known Europea
08/24/2013
BBK expands partnership with American Express Middle East
Leading Bahrain bank, BBK announced that it has renewed and expanded its partnership with American Express Middle East