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Retail Banking

09/27/2024

PayerMax partners with Saudi Awwal Bank to enhance the Kingdom’s digital payment ecosystem

The partnership aims to redefine the digital payments landscape and streamline the onboarding experience for local merchants, facilitating seamless global transactions.

09/25/2024

Qatar’s banking sector sees growth in deposits and credit facilities

The public sector deposits for July this year stood at $100.60bln in commercial banks representing a rise of 21.4% on a yearly and a decline of 0.2% monthly basis

09/24/2024

Commercial Bank issues Qatar's largest ever Green CHF-denominated bond following strong demand

Commercial Bank considers sustainable financing as an integral part of its overall financing strategy

09/24/2024

Saudi Banks Growth Momentum Continues

Local lenders enjoying lower delinquencies in their loan portfolios, while provisions cover non-performing loans fully

09/23/2024

Banking opportunities remain with lower rates

Banks are essential intermediaries for any economy, as a safe deposit for cash, and provider of credit for households and businesses to help develop the economy.

09/23/2024

Kuwait’s central bank implements additional payment security steps

This bolsters security and give users an extra chance to verify their payment information

09/23/2024

BankDhofar inaugurates its newest branch at Al Sawadi

The opening ceremony was attended by esteemed dignitaries, officials, and members of the community and BankDhofar’s executive management members

09/23/2024

Egypt nears first major stake sale since devaluation: Bloomberg

While details are being discussed within the bank, they remain confidential until the official announcement

09/20/2024

NBK alerts against online job offer scams promising high salaries

As the Bank Continues to Strengthen Financial Awareness and Support the "Let's Be Aware" Campaign

09/20/2024

Social Development Bank wins award for Best Financing Institution for Women Entrepreneurs in MENA

At World SME Finance Forum 2024

09/17/2024

Commercial Bank’s MSCI ESG rating upgraded to ‘A’

We are committed to a resilient and sustainable financial future in line with the State’s goals

09/17/2024

National Bank of Fujairah PJSC enhances its capital composition

The new issuance has been privately placed with the Government of Fujairah

09/16/2024

Qatar: Commercial Bank receives ‘A’ rating in MSCI ESG assessment

Commercial Bank’s ‘A’ rating represents an upgrade from its previous rating of BBB and puts it among the leading banks in Qatar for ESG ratings

09/16/2024

Burgan Bank unveils Black Visa infinite privilege, its latest invitation-only credit card

Confirming its commitment to elevating its ultra-high-net-worth clients’ banking experience to unmatched heights

09/16/2024

QDB recognized as best digital bank at 2024 Banking Excellence Awards

The award celebrates digital initiatives that transcend traditional online banking services

09/13/2024

UAE bank close to acquiring $5b stake in Indian bank

Speculations rife about the lender being Yes Bank

09/12/2024

Qatar: Commercial Bank reinforces commitment to sustainability, digital innovation at Arab Banking Conference

The event brought together leading banking and financial institutions from across the Arab world to discuss key trends shaping the future of the banking sector

09/11/2024

Egypt's Banque Misr raises foreign currency exchange limit for travelers

Egypt's Banque Misr raises foreign currency exchange limit for travelers

09/11/2024

UAE: RAKBANK executes its first central bank digital currency cross-border transaction

The trade, facilitated through CBUAE’s mBridge platform, instantaneously transferred digital dirham against digital Chinese yuan

09/11/2024

Burgan Bank Ranks Among “The Banker’s” Top 100 Arab Banks in 2024, Marking a New Achievement

The Bank ranked 35th on the magazine’s list, confirming the strength of its financial standing and the success of its efforts in pursuing excellence and leadership

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