03/31/2022
The bank’s EGM saw the approval of capital raising plans which may take the form of a new issue of additional tier 1 capital for a benchmark size in the region of up to US$300mn.
03/31/2022
The meeting was held in the presence of the Group Chief Executive Officer, Mr. Mazin Manna, as well as the Board of Directors and Executive Management, with the participation of shareholders, representatives of the Shari’a Supervisory Board (SSB), t
03/31/2022
This move aims at encouraging sustainable banking practices
03/30/2022
An initiative of the UAE Ministry of Economy, AIM 2022, which will see the participation of some of the world’s leading investment specialists
03/30/2022
The central bank began reducing the size of the open market operations in recent weeks
03/29/2022
First Abu Dhabi Bank expanded into Egypt last year through the purchase of bank Audi’s local unit, as part of its strategy to expand overseas.
03/28/2022
The bank also signed several agreements with strategic partners to provide training to Saudi entrepreneurs.
03/28/2022
The syndication was oversubscribed on the back of very strong participation from regional banks and banks from Asia
03/28/2022
Qatar National Bank Alahli (QNB Al Ahli) (QNBA) has launched instant payment service in collaboration with Egyptian Banks Company
03/28/2022
NEOPAY will also provide Issuer Processing and Acquiring Processing services to financial institutions and fintechs.
03/27/2022
UAE operations remain profitable, resolution to Lebanon woes likely in medium term
03/24/2022
To attend the opening match of the FIFA World Cup Qatar 2022™ in partnership with Visa
03/24/2022
“We are working with the Saudi central bank and electronic payments to increase the size of the sector,” Belon added.
03/23/2022
A group of banks provided green finance worth $480mln for three independent sewage treatment plants in Saudi Arabia
03/22/2022
Banque Misr will offer the fixed-return rate Talaat Harb certificate
03/22/2022
The program helps young people aged between 12 and 16 to raise their financial awareness and boost their self-confidence.
03/22/2022
NBK-Bahrain’s profits reflect the success of our strategy for expansion and diversification of income sources
03/21/2022
Dukhan Bank’s strong asset liability management capabilities enabled it to improve its financing to deposits ratio to under 98% from above 100% at end- 2020 reflecting the improvement in the Bank’s overall liquidity position.
03/21/2022
Kuwaiti banks’ financial statements for 2021 confirm the resilience and ability of the sector to overcome crises and continue to serve the national economy without interruption, said Mohammed Al-Hashel, governor of the central bank.
03/18/2022
CBD was the first bank to host its AGM at Expo 2020 reflecting the Bank’s commitment to support the United Arab Emirates