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
Retail Banking
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.
02/15/2015
ADCB Tamooha Head receives "Distinguished Women in Banking and Finance" award
Awards event was held under the patronage of His Highness Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah,
02/15/2015
Gold's lustre lures Turkish savers
Gold is hugely prized in Turkey not just for ornamentation or investment by banks but as a secure way for private individuals to hold their savings
02/11/2015
CBI wins Human Resources Development Award
The award was announced at the National Career Exhibition in Sharjah, under the patronage of H.H. Dr. Sheikh Sultan bin Mohammed Al Qassimi, Supreme Council Member and Ruler of Sharjah.
02/09/2015
Khaleeji Commercial Bank Launches Airmiles Personal Finance Campaign 2015
Khaleeji Commercial Bank one of Bahrain's fast growing Islamic retail banks, has announced the launch of its new Personal Finance Campaign, wherein all existing Personal Finance Customers and new customers who wish to benefit from the Personal Finan
02/07/2015
CBI posts 40% increase in Operating Profit.
Commercial Bank International PSC today announced its full year financial results for year ended 31 December 2014, subject to approval by the UAE Central Bank.