04/30/2015
Doha Bank launches operations in India
The huge size of the Indian market along with its rising per capita income levels and business-friendly policies, renders it an essential and strategic location for Doha Bank
Retail Banking
04/30/2015
National Bank of Oman eyes finance firm acquisition
Oman's United Finance has received an acquisition proposal from National Bank of Oman
04/29/2015
Abu Dhabi Finance to Finance Hydra Properties on Al Reem and Shahama
This agreement will allow investors in these Hydra developments to enjoy ADF 's award winning mortgage products and customer service
04/27/2015
Noor Bank moves to new location in Sharjah
Noor Bank has announced the relocation of its retail branch in Al Orouba Street
04/27/2015
Banque du Caire targets EGP 2bn increase for retail portfolio by end of 2015: Hussein
Banque du Caire is targeting an increase of partial loans by EGP 2bn by the end of this year
04/26/2015
6 banks request Citibank Egypt retail business acquisition
The official, who requested anonymity, said the offers are still being discussed, noting that there is no deadline for the discussions.
04/26/2015
NBE wins best retail banking award
The number of NBE’s ATM machines reached 1,950 machines, an increase of 415 machine from the previous year.
04/26/2015
Private sector lending to support credit growth in Qatar: Samba
Qatar has been sheltered to some degree from the fall in the oil price due to its large LNG revenues.
04/24/2015
StanChart Said to Consider Sale of Oman Retail Banking Business
The British bank, which earns most of its profit in Asia, will retain its corporate and institutional clients in Oman, the people said, asking not to be identified because the information isn’t public.
04/24/2015
StanChart said to consider sale of Oman Retail Banking business
British bank, which earns most of its profit in Asia, will retain its corporate and institutional clients in Oman
04/23/2015
UAE Exchange joins hands with Bank of Baroda for FLASHremit
FLASHremit, an instant bank transfer facility. Now customers can send money to their desired bank accounts in Bank of Baroda in India, within minutes.
04/23/2015
Rakbank Announces AED 362.2 million Net Profit for the First Quarter of 2015
Rakbank today announced a net profit of AED 362.2 million for the three months ended 31 March 2015. Gross loans and advances grew by 15.8% year-on-year and stood at AED 26.7 billion by the end of the quarter.
04/21/2015
ICICI ties up with UAE bank Emirates NBD for instant money transfers
The tie up with Emirates NBD enables customers to transfer funds to account holders of ICICI bank in India within a minute through the DirectRemit service.
04/20/2015
FGB wins big with seven-award haul at Banker Middle East UAE Product Awards 2015
FGB, one of the leading banks in the UAE, took home seven 2015 Banker Middle East UAE Product Awards after a presentation ceremony which was recently held in Dubai
04/19/2015
Emirates NBD ties up with ICICI Bank for instant money transfers through DirectRemit
It will enable customers of Emirates NBD to transfer funds to ICICI Bank account holders in India in 60 seconds
04/19/2015
Commercial Bank and Alfardan Exchange win prestigious Prepaid Card award
Award winning social media campaign boosts sales by a third
04/17/2015
Customer deposits surge at Oman Islamic banks
Oman was the last country in the GCC to introduce Islamic finance, granting licences to Al Izz Islamic Bank and Bank Nizwa in 2013.
04/16/2015
BankMed: Prudent expansion across Mideast
What motivated BankMed to open a branch in the DIFC, and what do you hope to achieve from this move?
04/15/2015
Dubai’s mortgage deals take a dive from Q1-2014 peak
Developers work on deals with local banks to ease the mortgage take-up process
04/09/2015
NBF Capital raises $272m for Pacific Controls
NBF Capital Limited, a fully-owned subsidiary of National Bank of Fujairah, has announced that it has successful raised $272mn (AED 1bn) for Pacific Control Systems (Pacific Controls).