02/05/2024
The deal aims to refinance existing facilities with better terms and lower financing costs, to support the growth, expansion, and development of the business of Solutions’ subsidiaries in the region
02/05/2024
The bilateral transaction was settled on mBridge, a joint wholesale central bank digital currency (CBDC) project by the Bank for International Settlements (BIS).
02/05/2024
The lender made a net profit of $5.34bln in 2023
02/02/2024
Award recognizes the bank’s long tenor patient debt approach and innovative financing solutions to empower businesses and drive economic impact
02/01/2024
He added that customer deposits increased by nine percent reaching KD 6.5 billion
02/01/2024
The Group recorded a net profit of KD 560.6 million (USD 1.8 billion), up 10.1% year-on-year from KD 509.1 million (USD 1.7 billion) in 2022
01/31/2024
The signing ceremony took place at NBO’s head office in Al Athaiba and was signed by Abdullah Zahran Al Hinai, Chief Executive Officer of NBO and Islam Shawky, Co-founder and CEO of Paymob
01/31/2024
Bank opens first branch in Egyptian capital after obtaining central bank final approval
01/30/2024
Randa Sadik, chief executive officer, stated that Arab Bank delivered robust results during 2023
01/30/2024
The banks involved are NBE, Banque Misr, Banque du Caire, the Housing and Development Bank (HDB), and the Agricultural Bank of Egypt (ABE)
01/30/2024
Lending gains, especially to its core SME clients, fueled bank's solid gains
01/30/2024
With its net profit soaring by an impressive 130% to reach an unprecedented AED 8.6 billion amidst Exceptional Income Growth and Significantly Reduced Risk Costs
01/29/2024
In view of the solid results, the Board of Directors has recommended to the shareholders the distribution of 30% cash dividends for the financial year 2023.
01/29/2024
Conservative portfolios: 10.7%, high-risk portfolios: 20.9%, WISE's Islamic portfolio: 22%
01/29/2024
The preliminary financial results showed an increase in the profits of all seven banks listed on the MSX.
01/29/2024
NBO will become the first bank in Oman to launch UnionPay acceptance
01/29/2024
The NBE and Banque Misr will repay more than EGP 500 billion in principal and interest of 22.5 percent and 25 percent one-year CD issued in January 2023.
01/26/2024
Based on these results, the Board of Directors passed a resolution in its meeting held on January 24, 2024.
01/26/2024
Al-Issa affirmed that the association took this decision after coordinating with the Central Bank of Kuwait which issued a circular in this regard.
01/25/2024
Remarkable growth can be attributed to the upward trajectory of both funded and non-funded income