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

KFH tops banks locally, 161st globally

KFH shows great interest in the expansion policy

Barwa Bank opens new branch at Pearl-Qatar

Barwa Bank Qatar's fastest growing Shariah-compliant banking service provider has announced the opening of its new branch at the Pearl-Qatar to ensure convenience for the bank's high-end customer base.

Saudi Arabia’s Largest Bank Said to Plan IPO Next Quarter

National Commercial Bank, Saudi Arabia’s largest lender by assets, is seeking to sell a 15 percent stake on the Saudi Stock Exchange in the fourth quarter

Riyad Bank wins honor

Our trade finance solutions are designed with the needs of our customers in mind

Barclays completes sale of UAE retail arm to ADIB

We remain on track to rebalance Barclays as part of our strategy to deliver sustainable returns for our shareholders

Emirates NBD Planning To Expand Saudi Operations – CEO

Dubai’s biggest bank, Emirates NBD, is looking to expand its presence in Saudi Arabia, its CEO Shayne Nelson has confirmed.

UAE Central Bank fixes early home loan repayment charge at 1% of total outstanding…

Or a maximum of Dh10,000, according to a senior Dubai banker

KEB eyes expansion in Europe, Middle East

Korea Exchange Bank has set its eyes on overseas markets, particularly Europe and the Middle East, in an effort to sharpen its competency and future growth.

Rafidain Bank plans to open its branch in London

Rafidain Bank announced on Saturday, its intention to re-open its branch and resumption of its activity in the British capital London after the settlement of all debts incurred on the bank to the United Kingdom.

UAE Banking Space Too Crowded, Mergers Needed

Shayne Nelson, the CEO of Emirates NBD, says mid-sized banks in the country should consider in-market mergers.

Dubai bank to up stake in Panin Syariah

Dubai Islamic Bank, the oldest sharia lender in the world, has officially submitted a request to Indonesia’s Financial Services Authority (OJK) to up its stake in Jakarta-listed Bank Panin Syariah (PNBS).

Turkey's Ziraat says ends acquisition talks with Bank Asya

Analysts say government may seize Bank Asya

Emirates NBD Wins Big At Global Brand Excellence Awards 2014

Emirates NBD, a leading bank in the region, was honoured at the Global Brand Excellence Awards 2014 with five coveted awards across branding, marketing and customer experience categories.

Doha Bank named 'The Best Commercial Bank in the Middle East 2014' at the Global Banking and Finance Awards 2014

Dr. R Seetharaman, Group Chief Executive Officer (CEO) of Doha Bank said, "We are honored to receive this recognition.

United Arab Emirates to open bank in Serbia

This is the first green field investment in Serbia’s banking sector since 2008

Citibank looks for room to grow in crowded UAE lending sector

Citibank, the New York-based lender, is expanding its retail banking business in the UAE, betting that its international network will attract customers that want to build long-term relationships wherever they may be.

BankDhofar awaits response from Bank Sohar on merger

BankDhofar Tuesday said it is waiting for a response on the proposed swap ratio from Bank Sohar to proceed with the merger plan.

BankDhofar bags prestigious awards

BankDhofar continues to constantly and consistently grow since its inception 24 years ago

HSBC Bank Oman claims two awards at the banker Middle East Oman Product Awards 2014

Following five weeks of voting and more than 12,000 votes, the 2014 awards saw nominees compete in 19 categories split into four segments.

Arab Banking Corp net profit rises 22%

Cost to income ratio improved to 46.7 percent from 54.8 percent mainly from revenue growth.

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