12/03/2014
Bank Sohar Receives Two Awards from International Finance Magazine (IFM), UK
Bank Sohar Awarded 'Most Socially Responsible Bank' & 'Fastest Growing Bank' Awards
Retail Banking
12/03/2014
Burgan Bank successfully completes capital increase
Burgan Bank Shareholders have subscribed in the capital increase during the designated period started from November 16, 2014 and ended on November 30, 2014 in number of shares in excess of the shares offered for subscription.
12/03/2014
Emirates NBD extends DirectRemit 60 seconds money transfer service to the Philippines
Emirates NBD, a leading bank in the region, today announced that it has extended its DirectRemit 60 seconds money transfer service to the Philippines.
12/03/2014
Barwa Bank wins "Fastest Growing Bank in Qatar" award by IFM
The IFM Awards set the benchmark for successful banking and financial institutions around the world. Mr. Abdulaziz Ahmed Al-Neama, Head of Branch Operations accepted the award on behalf of the Bank at the ceremony.
12/01/2014
Doha Bank gets shareholders’ nod to acquire HSBC Bank Oman’s operations in India
Doha Bank, which is planning to upgrade its branch set up in India into a wholly-owned subsidiary, yesterday received approval from shareholders to acquire HSBC Bank Oman’s operations in the South Asian country for about QR75mn.
12/01/2014
Doha Bank shareholders approve India assets buy
Qatar-based Doha Bank today said it has obtained shareholders' approval for acquiring the Indian operations of HSBC Bank Oman.
11/30/2014
FGB launches best-in-class credit card loyalty platform in the UAE
FGB , one of the leading banks in the UAE, has launched a new flexible and comprehensive loyalty platform for its credit card holders.
11/30/2014
Raymond Audi Receives Banker of the Year Award From London's Arab Bankers Association
The event was attended by over 250 senior financial professionals from the Arab banking and financial industry in London, Europe and the Middle East.
11/26/2014
HSBC to refund UAE, Bahrain, Oman customers for excessive fees
The step was taken after an internal review of the bank's terms and conditions for those products, a spokeswoman for the bank said without elaborating.
11/26/2014
Finance: Egypt's small borrowers have big potential
A new law permitting non-bank for-profit lending institutions may unleash a revolution in microfinance by allowing more actors and innovators to get involved.
11/26/2014
NBK awarded by VISA
National Bank of Kuwait has been awarded by VISA for its “Outstanding performance in the Middle East and North Africa (MENA) in 2014”. Ahmed Al Khader, NBK’s Deputy Head, Consumer Banking Group, received the award from Paul McCrea
11/25/2014
Standard Chartered in Guinness record bid
The event will take place on November 27, at the Standard Chartered Towers, Emaar Square in Downtown Dubai, UAE, and will be managed and attended by the bank’s employees including senior officials.
11/24/2014
Gulf Finance sees greater growth potential in lending to smaller SMEs
Gulf Finance Corporation (Gulf Finance), an independent commercial lender to small and medium enterprise (SMEs) in the UAE and Saudi Arabia sees huge growth opportunities in financing smaller SMEs and micro business, said David Hunt, chief executive offic
11/23/2014
Yes Bank begins international expansion through UAE
Bank to open DIFC branch next year and go for an AD
11/21/2014
IFC to acquire strategic equity stake in Bank Alfalah
The transaction is expected to close after obtaining final regulatory approvals before the end of the year.
11/21/2014
Bank Asya Reduces Staff as Turkish Political Feud Hits Deposits
Bank Asya’s expansion plans have been disrupted by political turmoil stemming from conflict between President Recep Erdogan and the cleric, Fethullah Gulen
11/20/2014
First Gulf Bank Sees More Than 10% Profit Growth, Arqaam Says
The Abu Dhabi-based lender sees its loan book to expanding at a “high single-digit” rate in 2015 with revenue rising by more than 10 percent, analyst Jaap Meijer said in an e-mailed note today.
11/19/2014
DenizBank is Named the Most Innovative Bank of the Year
Commenting on the occasion, DenizBank President and CEO Mr. Hakan Ateş said, "It is a great honor to be the only bank representing Turkey on a platform featured as the innovation arena of the global banking industry and to be named the "Most Inn
11/18/2014
Turkish Bank’s Star Fades Amid Political Spat
Bank Asya Had Led Expansion of Islamic Banking Sector
11/17/2014
Bank of Beirut Branches Out To The Wave
The new Bank of Beirut Branch at The Walk an upmarket mall in The Wave, Muscat opened its doors on Wednesday, the 22nd of October.