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.
Retail Banking
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
04/28/2023
Mashreq operating profit jumps 96% in Q1 2023
The bank also crossed the milestone of Dh200 billion in total assets
04/27/2023
Emirates NBD posts record breaking profit of $1.633bln for Q1 2023
Income reached $2.72bln for the first time
04/27/2023
UAE' biggest bank FAB powers up with Dh3.9b Q1-2023 net profit
FAB's group-wide income totals Dh6.7b helped by 'superior returns'
04/27/2023
RAKBANK delivers the highest annual profit growth in over a decade
Highlights Q4/Full Year ended 31 December 2022
04/25/2023
Emirates NBD introduces new banking proposition
The invite-only proposition aims to offer an enhanced banking experience that matches the specific needs and objectives of ultra-wealthy customers maintaining an average balance of Dhs 7 million across deposits and investments.
04/24/2023
UAE banks team up to help SMEs amid $30bn finance support pledge
UAE financial institutions team up to offer SME funding
04/21/2023
Emirates Development Bank and Emirates Islamic announce collaboration in the UAE
Emirates Islamic is the 11th commercial bank to join EDB’s credit guarantee scheme platform offering favourable financing solutions to SMEs.
04/21/2023
Dubai Islamic Bank First Quarter 2023 Group Financial Results
Upgraded standalone credit ratings by Moodys driven by improved profitability and strong liquidity.