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Retail Banking

10/11/2023

FAB successfully completes pilot testing with J.P. Morgan’s Coin Systems for blockchain-based cross-border payments

The pilot phase, executed seamlessly and within satisfactory response times, have demonstrated the capabilities and potential of blockchain technology in enhancing cross-border payment solutions

10/11/2023

Commercial Bank introduces unique and new shariah-compliant fund with Franklin Templeton

Wealth Management is an important strategic objective for Retail Banking at Commercial Bank as it allows us to provide our customers with a wide range of investment solutions in line with their financial aspirations.

10/09/2023

Qatar banking sector total assets rise by 0.3% in August

The banking sector total loan book moved up 0.2% MoM (down 0.7% in 2023) and deposits went down marginally MoM (-7.1% in 2023) in the month of August 2023

10/09/2023

Egypt banks set new limits for cash withdrawals, purchases abroad

Some Egyptian banks have set new limits for using their cards abroad to curb abusive practices that drain the country’s foreign currency reserves.

10/06/2023

Kuwait banks deposit with foreign banks plummet 17.6 pct in 2023

Kuwait central bank actively working to maintain the attractiveness of the dinar

10/04/2023

Al Salam Bank launches women leadership programme ‘Qaedat’

The launch of the programme is in line with the vision of the Supreme Council of Women to empower Bahraini women and support their active participation in various sectors

10/03/2023

NBB Wins ‘Best Bank for ESG in Bahrain’ for Second Year at Euromoney Awards for Excellence 2023

The highly acclaimed award reflects the Bank’s significant achievements towards Environmental, Social and Governance (ESG) practices.

09/29/2023

Fitch affirms Commercial Bank’s rating at ‘A-’ with positive outlook

The rating is driven by a “strong propensity” of support from the Qatari authorities and reflects Qatar’s strong ability to support domestic banks

09/27/2023

Oman bank credit jumps 8.7% to reach RO30bn mark in July

The share of financial corporations was 5.9%, while other sectors received the remaining 3.7% of total private sector credit.

09/26/2023

First Abu Dhabi Bank hires lenders for Tier-2 dollar bonds - document

A Tier-2 bond issue maturing in 10.5 years might follow and would be non-callable for 5.5 years.

09/25/2023

Rain ADGM launches instant AED banking deposits and exclusive OTC desk for institutional clients in the UAE

This further enhances our banking infrastructure and users in the UAE can benefit through a secure and seamless transition from fiat currency to virtual assets.

09/25/2023

Oman Arab Bank announces winners Of 2023 Summer Credit Card Campaign

Five lucky winners will be jetting off on premium holidays after winning the final draw

09/25/2023

NBO named Best Performing Company in the Large Capital category at AIWA Awards

Recognizing its commitment to excellence in all operations

09/22/2023

Swipe2B’s payment solution processes $2bln of B2B supplier payments in the UAE

As the economic hub of the Middle East, the UAE boasts a thriving business ecosystem and Swipe2B has emerged as a catalyst for growth and efficiency

09/22/2023

KIB promotes financial literacy and banking awareness at Ooredoo headquarters

Representatives at the KIB booth also helped them understand the various aspects related to financial affairs and how to manage them in light of the developments in banking services.

09/22/2023

Saudi Awwal Bank receives Corporate Ethics Mark from CIPS

The certificate comes as a recognition after SAB’s staff completed the ethics training and passed an assessment of fraud, corruption, bribery and environmental concerns in procurement and supply chain.

09/21/2023

NBK launches Credit Administration and Credit Operations Certification

In partnership with globally reputable training agencies

09/20/2023

First Iraqi Bank Chairman, Kawa Junaid, honored with Best Entrepreneur of the Year Award

A testament to his outstanding leadership, vision, and unwavering commitment to the banking industry and the economic growth of Iraq

09/19/2023

Top UAE banks’ combined H1 2023 profit hits $7.4bn

The country’s banks continue to stand on firm financial ground and are poised to navigate through the broader macroeconomic landscape

09/18/2023

Banque du Caire launches new security control unit

It will also provide assistance to all the bank’s sectors to achieve the targets or intervene to maintain the quality of the service provided to clients during peak times.

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