02/24/2022
Saudi lender Arab National Bank profits up 5% to $581m in 2021
Founded in1979, Riyadh based Arab National Bank is one of the ten largest in the Middle East, operating through 156 branches in the kingdom.
Retail Banking
02/24/2022
Bahrain's Al Baraka Banking Group's 2021 net income up 69% to $113mln
Net profit growth attributed to lower provisions, tax savings
02/22/2022
Suez Canal Bank registers profits in 2021
The bank’s net profits after taxes rose
02/22/2022
EDB chief Ahmed Al Naqbi wins accolade for banking transformation in UAE
Al Naqbi plays a vital role in promoting the bank’s mandate of supporting the UAE’s economic diversification, says EDB chairman Dr Al Jaber
02/21/2022
Realize your organization’s potential with Bank Muscat Corporate Banking Solutions
Today, Bank Muscat is the largest financial services provider for corporates in the Sultanate.
02/21/2022
Lebanon's banks scale back operations to weather financial crisis
More than 160 branches have closed since the end of 2018 and the number of employees has dropped by about 5,900
02/21/2022
Second-Biggest Saudi Arabian Bank Plans $4 Billion Capital Boost
Al Rajhi competes with lenders such as Saudi National Bank
02/21/2022
NBK launches Its Salary Acquisition Campaign
With superior rewards including a 0% loan, KWT Visa Infinite Points, and a free iPhone 13 Pro
02/21/2022
Gulf banks to offer $250 million loan to Banque Misr
The bank may pay off the loan in three years
02/18/2022
Jordan's Capital Bank acquires Societe Generale Bank Jordan
Capital Bank will acquire 100% ownership of SGBJ, a fully licensed Jordanian bank, along with its wholly owned financial brokerage firm, its chairman Bassem Al-Salem told Reuters.
02/18/2022
Al Baraka Bank Egypt’s consolidated profits slip in 2021
Net profits after taxes went down
02/18/2022
Standard Chartered UAE operating profit more than doubles to $242m in 2021
UK bank also saw Pakistan make sizeable contributions to its regional tally
02/17/2022
KCB gave 23,000 loans in 2021
99% of the bank’s services have become electronic
02/17/2022
National Bank of Bahrain wins big
The National Bank of Bahrain was evaluated based on customer service, satisfaction, digital innovation, strategic relationships and new business development.
02/16/2022
Saudi British Bank's Q4 net profit drops 26%
The lender said this reflects increased charges against certain corporate customers
02/16/2022
Standard Chartered eyes churning out profits from Egypt
Egyptian authorities are betting on Standard Charter's expertise to boost online banking and stoke competitiveness.
02/15/2022
Saudi Arabia's Al Rajhi Bank posts 39% rise in 2021 profit as operating income grows
Total operating income up 24% as the kingdom's economy continues to recover
02/15/2022
Bank ABC Announces 2021 Results
The digital transformation programme of the Bank made significant progress during 2021 with many notable achievements, including the launch of fully digital onboarding for corporates.
02/15/2022
Abu Dhabi’s ADCB offers a deposit scheme for a UAE Golden Visa
ADCB’s new scheme is targeted at those who want a Golden Visa under investor category
02/14/2022
SABB awarded ‘Best in Class E-Commerce Acquirer’ by Mastercard
(SABB) is a leader in digital transformation, focusing on accelerating transformation steps at all levels, including eCommerce, which is an important pillar in providing a leading banking experience while stimulating the economy and developing various bus