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Retail Banking

05/26/2022

Dukhan Bank launches Qatar's 'first-of-its-kind' feature for private banking customers

Dukhan Bank has achieved worldwide recognition for the outstanding quality of its Private Banking service by winning the World’s Best Islamic Private Banking award 2022 from Global Finance.

05/26/2022

NBK welcomes the new cohort of trainees in the 'Moody’s Credit Curriculum Program'

The program comes as part of the ongoing partnership with Moody’s Analytics since 6 years

05/25/2022

QFB’s CEO honoured at Top CEO Awards 2022

Mr. Abdulrahman Totonji, CEO of Qatar First Bank, emerged among the Top 10 CEOs in GCC Shari’a Compliant Banks’ Award category

05/24/2022

Al-Baraka Bank in Egypt to inject $6m to develop technological infrastructure

The bank’s market share ranges between 12 percent and 15 percent of the Islamic banking sector.

05/23/2022

EDB in talks with Poland’s national development bank to boost collaboration

The lenders discuss ways to support large corporations, small and medium enterprises and entrepreneurs

05/23/2022

QIB Group CEO recognised as Top CEO in Sharia-compliant banks

Top CEO is one of the most iconic business conferences in the region, bringing together business leaders, government officials and thought leaders to engage, discuss and plan forward the future of their respective industries.

05/23/2022

NBO Wins MEA Finance Award 2022 for Corporate Banking Innovation

"Putting our clients first and offering tailored services that meet their evolving banking requirements are key objectives for us at NBO."

05/20/2022

Isam Al-Sager named TOP CEO in Kuwait’s banking industry

In the 2022 Top CEO Conference and Awards

05/20/2022

Sharjah Islamic Bank CEO wins 'Best CEO Award' in Islamic banking sector

He was honoured in the 2017 Trends magazine's awards for the top 100 CEOs in the Gulf Cooperation Council countries during a ceremony held in King Abdullah Economic City, Kingdom of Saudi Arabia.

05/20/2022

UAE top banks’ profits, margin levels 'take a hit' in Q1

The report suggests that the Q1’22 results for most of the banks in the UAE highlighted an increase in profitability

05/19/2022

HSBC launches $1bln lending fund for female entrepreneurs in Egypt, 10 other markets

These initiatives aim to break down the barriers faced by female entrepreneurs

05/18/2022

Ahlibank signals robust growth in Q1 of 2022

ahlibank’s total assets recorded a 12.2% growth, reaching RO 3,166.6 million as of the end of March 2022

05/17/2022

EG Bank's standalone profits rise 24% in Q1-22

The bank's interest income increased by 6%

05/16/2022

Commercial Bank wins 'Most Outstanding Innovation in Fraud Detection award in the World' from Global Finance

The dynamic nature of CBsafe ID provides an extra protective layer to the service that makes it more secure to use.

05/15/2022

Ithmaar posts $3.95m Q1 profit; operating income up 16pc

The assets and liabilities subject to the above transaction have been presented separately as ‘held-for-sale’ in the consolidated financial information in accordance with the relevant accounting standards.

05/15/2022

QIB wins 4 prestigious awards from the Digital Banker Magazine

The Bank was named “Best Digital Bank for Customer Experience in Qatar”, “Best Islamic Bank for Digital Customer Experience in Qatar”, “Best Bank for Cash Management”, and “Outstanding Account Opening and Onboardi

05/12/2022

Bahrain-based Bank ABC Q1 net profit rises 3pc to $31m

The balance sheet remains strong with capital and liquidity ratios well above the regulatory requirements: the group’s T1 Ratio is 16.6%, comprising predominantly 14.7% CET1, LCR 247% and NSFR 124%.

05/12/2022

Dukhan Bank reports QR392m net profit for Q1

Total shareholders’ equity exceeded QR14bn, and the capital adequacy ratio stands at 18.3 percent in accordance with the Basel III requirements,

05/11/2022

Top 10 Saudi banks post 15.5% surge in 2021 net income

A&M’s KSA Banking Pulse examines data of the 10 largest listed banks in the Kingdom, comparing the FY’21 results against FY’20 results.

05/05/2022

GCC central banks raise interest rates after US Federal Reserve move to curb inflation

Consumer prices in the world's largest economy rose 8.5 per cent in March

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