05/22/2023
Bank credit to private sector in Oman grows 4.8% to OMR19.9bn
Regarding the investments of conventional banks in foreign securities, the CBO bulletin said that it increased by 23.7 percent to reach OMR900 million at the end of March 2023.
Retail Banking
05/22/2023
QNB named ‘Best CSR Bank’
This recognition reaffirms QNB’s commitment to the highest ESG performance standards through the development of sustainable business and operating models and adoption of the best-related practices.
05/19/2023
National Bank of Fujairah takes home two MEA Finance Banking Technology Awards 2023
NBF recognised for its technology and innovation in tNBF recognised for its technology and innovation in the corporate banking sectorhe corporate banking sector
05/17/2023
Nationalisation of jobs strategic priority: HSBC Qatar
One of the four pillars of HSBC’s strategy is to 'Energise for Growth
05/17/2023
Oman's Ahli Bank mulls offer from Ominvest to acquire entire share capital
Ominvest to offer a base price of $0.48 per share
05/16/2023
Dukhan Bank wins four accolades at MENA Banking Excellence Award 2023
The Bank’s virtual assistant ‘Rashid’ powered by artificial intelligence also won the ‘Best Multi-Channel Offering’ and ‘Excellence in Omni-Channel Integration’ for the second year in a row.
05/16/2023
Saudi’s Arab National Bank to invest $38 million in Iraq to set up new bank
The Arab National Bank indicated that this investment aims to facilitate and support trade exchange for its customers, diversify sources of income, and enter new markets to benefit the bank and the shareholders.
05/16/2023
Al Baraka Bank-Egypt records higher net profits in Q1-23
Net income from funds hiked to $33mln in Q1-23
05/15/2023
Emirates Development Bank Named 'MENA SME Bank Of The Year' At MEED MENA Banking Excellence Awards
The Bank also has a mandate to deploy AED30 billion in financing support to 13,500 companies within its five priority sectors – renewables, manufacturing, technology, healthcare, and food security – by 2026.
05/15/2023
Uptime Institute announces the Tier III Gold Certification of operational sustainability of Boubyan Bank
Al-Yaqout: The certification highlights our commitment to leading practices in sustainability and operation at our data center
05/15/2023
Bank ABC Q1 2023 results: net profit attributable to the shareholders of parent surges 94% to US$60 million MORE
The balance sheet remained healthy, maintaining strong capital and liquidity ratios.
05/15/2023
Emirates Development Bank concludes successful participation in Annual Investment Meeting
EDB stand served as a platform for networking and connecting with experts, investors, companies, and SMEs
05/12/2023
Emirates Development Bank joins IRENA’s Alliance for Industry Decarbonization
EDB joins global companies in the industrial decarbonization action group, further enhancing its role in achieving net zero ambitions
05/12/2023
NBB awarded Best Retail Bank in Bahrain
NBB is Bahrain’s leading financial institution
05/11/2023
KIB launches TV commercial to highlight its digital loyalty rewards program
Marafie concluded her statement by pointing out that KIB's commercial solidifies the Bank's standing as the 'best' in understanding the needs of its customers.
05/10/2023
NBB Q1 Net Profit Rises 15%
The decrease followed the payment of BHD 51.5m of cash dividends during the first quarter of 2023.
05/10/2023
Oman Arab Bank impacts 240 lives across the community with 223 hours of volunteer activities throughout Ramadan
Positively impacted the elderly, children, cancer patients, several non-profit organizations and more
05/09/2023
Commercial Bank wins ‘Best Customer Service Initiative’ award
The Bank has also enhanced customer communications, ensuring its customers receive clear, timely, and concise updates on daily banking transactions, keeping them well-informed and engaged.
05/08/2023
SAB's net profit for Q1 up 76pc; revenue soars to record $878m
The bank's net customer advances for the first quarter soared to hit SR191 billion, up 8% over last year and up 4% on Q4, while its customer deposits for the three-month period surged by 17% to SR225.9 billion and up 5% on Q4.
05/08/2023
Al Salam Bank recognised as Bank of the Year
The award also acknowledges Al Salam Bank's robust environmental, social, and governance operational framework, aligning with global best practices and contributing to Bahrain's net-zero targets while accelerating its digital transformation