Managers of Wealth Middle East -Wealth, private banking and asset management news and opinion

Emirates NBD wins second international accolade for 'Mobile Banking Service'

Banking Technology magazine recognised Emirates NBD for innovative smart banking solutions

Mashreq named SME Bank of the Year 2014

Mashreq proves to be the best financial institution to offer integrated support to SMEs

Noor Bank ranked top Commercial Islamic Bank in GCC for Pre-tax Profit Growth in 2013

UK-based The Banker magazine has named Noor Bank the fastest growing Islamic commercial bank in the GCC for 2013 on the basis of pre-tax profit growth.

IAIR Names Bank Sohar as Best Bank for Fast Growth in the Middle East

Receiving yet another international recognition for excellence, Bank Sohar received the 'Best Bank for Fast Growth / Middle East' Award from Milan based, IAIR Magazine at the IAIR Awards 2014.

Commercial Bank of Dubai (CBD) receives award for localisation efforts in the GCC

The GCC Social Affairs and Labor Ministers Council has recognized Commercial Bank of Dubai (CBD) for its outstanding efforts in supporting localization across the GCC

Bank Sohar Receives Two Awards from International Finance Magazine (IFM), UK

Bank Sohar Awarded 'Most Socially Responsible Bank' & 'Fastest Growing Bank' Awards

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.

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.

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.

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.

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.

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.

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.

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.

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.

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

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.

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

Yes Bank begins international expansion through UAE

Bank to open DIFC branch next year and go for an AD

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.

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