06/09/2013
Warba Bank introduces an additional distinct offer
Warba Bank announced its new offers for personal finance products and credit cards customers.
Retail Banking
06/09/2013
Bahrain bank Al Khair eyes retail push with Khaleeji merger
Khaleeji has seven retail branches in Bahrain and investments worth about 100 million dinars ($265 million) outside the country.
06/06/2013
Private deposits at Oman banks rise 9.2% in first quarter
The monthly statistical bulletin published by the Central Bank of Oman (CBO) pointed out that the gross value for the deposits as of the end of August 2012
06/03/2013
Bank Muscat wins Best Bank in Oman award by Euromoney
Bank Muscat, the flagship financial services provider in the Sultanate, has won the 'Best Bank in Oman' award by Euromoney.
06/02/2013
National Bank of Kuwait recognized in Euromoney Awards 2013
Euromoney awards for excellence recognize institutions and individuals that demonstrate leadership, innovation, and momentum in the markets in which they excel.
05/29/2013
Israel's three biggest banks post mixed Q1 results
Bank Hapoalim, Israel's largest lender, reported a decline in quarterly net profit due to a drop in financing income and fees as well as slightly higher expenses.
05/28/2013
Bank Muscat buys HSBC Bank Oman's point of sale business
Both parties have agreed to put in place procedures to facilitate the smooth transition of business without disruption of services to merchants
05/26/2013
Jordan's Arab Bank sees double digit profit in 2013: CEO
Full impact of the bank's improved performance in 2013 would show in the second half
05/23/2013
Bank of Bahrain opens third branch in India
Bank of Bahrain and Kuwait (BBK) today opened its first branch in Kerala at nearby Aluva
05/23/2013
HSBC's rich pickings in Qatar
Global connectivity is the real strength of HSBC- CEO Abdul Hakeem Mostafawi
05/21/2013
National Bank of Bahrain's ratings affirmed
These ratings and outlook are set at the same level as CI's Sovereign Ratings for Bahrain
05/20/2013
53% of UAE bank customers 'want to switch'
Poor customer service and high transaction fees as key reasons for consumers wanting to make the switch
05/19/2013
Italy's Intesa Sanpaolo Opens New Branch in Turkey
Italy's Intesa Sanpaolo (ISP.MI) said Friday that it will open a new branch in Turkey in a bid to support its corporate activity in the region and "create bridges" to intercept investments and financial flows.
05/15/2013
Credit Agricole Egypt Q1 profit up 15 per cent
Credit Agricole Egypt (CAE) reported 1Q2013 net profit of EGP 146 million, up 15 per cent YoY and 47 per cent QoQ.
05/11/2013
Burgan Bank Group reports net profits for Q1 2013
Reflects the solid financial and operating performance of the group
05/08/2013
Union National Bank opens 7 new branches in UAE
UNB gives major push to business expansion plans by opening new branches
05/07/2013
Turkish banks Q1 net profit up 16.3 pct to 6.95 bln lira
The Turkish banking sector's net profit jumped
05/03/2013
Bank loyalty low among UAE customers
Strong competition tempts clients to switch providers easily and maintain multiple accounts
05/03/2013
HSBC Bank Oman shuuters 4 branches
HSBC Bank Oman, the lender with the second largest branch network in the sultanate, has decided to close down four of its branches to 'optimise locations.'
05/01/2013
EFG Hermes and QInvest Confirm Expiration of JV Agreement
Both institutions look forward to separately creating value for their shareholders and remain open going forward to capitalizing on their complementary strengths to pursue together suitable business opportunities in a less-structured framework.