05/16/2023
Al Baraka Bank-Egypt records higher net profits in Q1-23
Net income from funds hiked to $33mln in Q1-23
Retail Banking
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
05/08/2023
Digital instant loan from Oman Arab Bank now available with increased limit of OMR 25,000
Around the clock, customers can apply from the comfort of their own homes or on-the-go and it takes only a few minutes to complete
05/08/2023
ADIB named sole winner of Diamond Category at Sheikh Khalifa Excellence Awards
The ceremony was held under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates
05/04/2023
Commercial Bank of Dubai net profit up 33.4% at Dh575m in Q1 2023
Net impairment allowances for the period stood at Dh373 million
05/02/2023
Kuwait banking sector records highest growth in total assets
The GCC listed banks’ results anticipates banking sector in the region to continue its pursuit of building on its strong foundation, aided by a robust economic environment.
05/02/2023
Oman Arab Bank wins best online platform in the sultanate at 2022 MEA Business awards
After an in-depth research and judging process, OAB emerged victorious for its forward-thinking online services, anchored by its complete range of financial products and services available via the OAB Online App
05/02/2023
KPMG publishes eighth edition of the GCC listed banks’ results
Kuwait’s banking sector records highest growth in total assets
04/28/2023
Gulf Bank records profit for first quarter
The Bank’s return on assets improved from 0.9% in the first quarter of 2022 to 1.0% for the first quarter of 2023