06/16/2014
Globally, Islamic banks are already serving c. 38 million customers which will be rising thus resulting in growth of Islamic banking assets to $3.4 trillion by 2018.
06/16/2014
The Jebel Ali branch will provide a wide range of banking services to retail and corporate clients
06/12/2014
The National Bank of Abu Dhabi is seeking to build up business in Libya once stability returns to the country.
06/11/2014
Banks and finance companies are competing to lure reluctant customers, with personal loans being offered even to finance summer travel to holiday destinations.
06/10/2014
Syariah refers to laws and practices in Islam and banks that observe this offer alternative financial schemes that operate under these principals.
06/09/2014
Saudi Hollandi Bank is working to grow revenue more than costs this year and focused on boosting the trade, treasury and investment banking businesses. It’s also mandated on at least two initial public offerings.
06/09/2014
Moody’s said all mid-sized banks had a market share ranging between 7-13 per cent
06/09/2014
Gulf Bank has announced that it has been honored with the 'Best Domestic Retail Bank' and 'Best Human Resources Development' awards for 2014 from Banker Middle East, the region's leading banking industry magazine.
06/08/2014
KFH Wins ‘Best Bank In Kuwait’ Award
06/08/2014
United Arab Bank (UAB) picked up a duo of accolades at CPI Financial’s Banker Middle East Industry Awards
06/08/2014
Commenting on this achievement, Ojaili said, “We are very proud of the recognition from an esteemed institution such as the CPI Financial.
06/05/2014
Doha Bank had earlier received the licence to commence banking operations in India and in April 2014 agreed to purchase HSBC Bank Oman’s business in India subject to regulatory approvals.
06/03/2014
Central Bank Governor Riad Salameh predicted modest growth in the profits of Lebanese banks in 2014 despite the difficult political and economic conditions and the growing talk of higher taxes on lenders.
06/02/2014
Kuwait Finance House-Bahrain has opened its 10th branch in the country in Arad, to cater to a rapid expansion of customers.
05/28/2014
Saudi Arabian Monetary Agency continues to encourage Saudi banks to build up higher levels of capital adequacy.
05/28/2014
The U.A.E. is a market where credit penetration is relatively high
05/26/2014
Commercial International Bank has been named “Bank of the Year” for international commerce after fierce competition with National Bank of Egypt
05/26/2014
The bank to maximises earnings in all segments of business
05/22/2014
Doha Bank, one of the leading banks in the GCC region with full branches in Qatar, Kuwait and the UAE, said building its partnerships in Kuwait is one of its top priorities in the current fiscal year.
05/21/2014
An Indian bank is expected to be allowed to set up in the UAE in return, with State Bank of India the most likely candidate