08/10/2015
Banks in UAE no longer demand blank cheques
Demand for higher security amounts depend on bank’s risk perception
Retail Banking
08/06/2015
Seychelles Bank turning Sharia-compliant
The delegation called on Seychelles President James Alix Michel in the country’s capital Victoria.
08/05/2015
UAE authority approves NBAD for lending activity
The Securities and Commodities Authority (SCA) in the United Arab Emirates (UAE) has granted approval for the National Bank of Abu Dhabi (NBAD) to engage in securities lending and borrowing activities, making it the first bank to receive approval.
08/05/2015
Emirates NBD partners with Uber on exclusive offer for cardholders
Emirates NBD has signed an exclusive partnership with Uber, allowing Emirates NBD customers to enjoy more rewards on their credit cards, complimentary rides and opportunities to win cash back every hour.
08/04/2015
JS Bank goes international
JS Bank was recently granted a wholesale banking licence by The Central Bank of Bahrain for branch operations in Bahrain.
08/04/2015
Meezan Bank gets SBP nod to merge HSBC Oman operations
The in-principle approval from the banking regulator means that Meezan Bank now would be allowed to carry out the required formalities that include getting its shareholders' nod, for the proposed merger.
08/03/2015
Emirates NBD Named UAE's Best Bank
Euromoney's award decisions are made by a committee of senior journalists
07/28/2015
RBS ends plan to sell UAE transaction services to ADCB - sources
Royal Bank of Scotland (RBS) has ended its plan to sell its United Arab Emirates cash management and trade finance business to Abu Dhabi Commercial Bank (ADCB), sources familiar with the matter said on Monday.
07/24/2015
UAE debtors in financial crisis ‘must not fear asking banks for help’
UAE residents with debts they cannot afford to repay must not be afraid to turn to the banks for help
07/23/2015
Retail banking in Lebanon needs to stay abreast of new technologies to maintain growth, experts at a banking summit held at the Radisson Blu Martinez Hotel advised Monday.
Retail banking is the provision of services by a bank to individual consumers rather than to companies, corporations or other banks.
07/21/2015
Shari Arison says might cut her 20% stake in Bank Hapoalim
Shares held by Arison Holdings could go to a foreign investor to boost the bank’s business abroad.
07/21/2015
MEAB strives to become an Alpha Bank in Lebanon.
As the new Chairman, he steadfastly declares that, “As we look ahead, the Bank remains committed to sustainable growth.
07/21/2015
Burgan Bank wins four awards
The bank’s success was recently announced at the Asian Banking and Finance 2015 Awards ceremony held at the Shangri-La Hotel in Singapore, where judges from global institutions identified Asian banks that rise above the rest with their groundbreakin
07/20/2015
QCB loan-deposit cap set to weigh on bank lending
With the Qatar Central Bank stipulating banks to set the loan-to-deposit ratio to 100%, starting from 2017, the sector may witness some pressure on lending capacity and intensified competition in deposit mobilisation, according to global credit rating ag
07/20/2015
KFH Receives Prestigious Citi Performance Excellence Award
Al-Nahedh: Technological Development is the Core of Service Quality, Serves in Achieving Clients' Ambitions
07/16/2015
Oman central bank rejects Bank Muscat's $1.3 bln sukuk plan -source
No one from Oman's central bank was immediately available to comment on the Bank Muscat sukuk.
07/14/2015
Four Egyptian Banks Chiefs restore Full Wages as Max Pay falls
The leaders of four banks have obtained their full wages retroactively following the cancelation of a system to apply maximum pay; high-profile governmental sources told Amwal Al Ghad Monday.
07/12/2015
BBK supports Bahrain Association of Banks
BBK, Bahrain's pioneer in retail and commercial banking, underlined its ongoing support for the Bahrain Association of Banks (BAB) Banks by donating BD 19,000 to the Association.
07/10/2015
Bank of Tokyo-Mitsubishi UFJ Dubai Branch obtains Islamic Finance license
Bank of Tokyo-Mitsubishi UFJ, Ltd. is pleased to announce that it obtained an Islamic Financial Business endorsement to operate an Islamic Window from the Dubai Financial Services Agency on 8 July, 2015.
07/06/2015
Commercial Bank launches new Internet banking website
Commercial Bank’s new Internet banking website uses a variety of innovative new technologies to deliver the best online banking experience with the click of a button, the bank said in a statement.