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Retail Banking

01/13/2022

Saudi National Bank gets $750 million via debut 'sustainable' sukuk

The five-year Islamic bonds launched at 85 basis points (bps) over U.S. Treasuries (UST), tightened from initial price guidance of around 110 bps over UST, the document from one of the banks on the deal showed.

01/12/2022

QIIB launches direct cheque deposit service through ATMs

A sign will be provided on QIIB ATMs that accept cheque deposits.

01/12/2022

Afreximbank and the National Bank of Egypt commit to drive investments and enhance trade in the country

The agreement establishes a Joint Project Preparation Facility between the two institutions, a first-of-a-kind for an Egyptian commercial bank

01/12/2022

Ithmaar Bank empowers customers with new self-service machines at Seef Mall and Arad Branches

Automates a range of transactions, such as printing account and cards' statements, printing certificates, updating of customer information, reissuing Debit Card PINs and instantly printing Debit Cards and eCards

01/11/2022

Qatar National Bank 2021 profit up 10% driven by loan growth

Its 2021 net profit rose to $3.6bln

01/11/2022

Saudi Arabia .. The biggest merger of the Bank and the Financial Group has come to an end

This merger process involves 5 key axes, including the exchange of accounts of individual clients and corporate clients, Treasury Department clients and NCB Capital.

01/09/2022

NCB, Samba complete final phase of merger creating Saudi Arabia’s largest bank

SNB concluded the last phase of the transaction in a record time, within nine months since the process started on April 1, 2021, making it the region’s largest and fastest merger.

01/09/2022

Alizz Islamic Bank joins first Waqf Forum

The forum aimed to provide a platform for Waqf foundations, experts and advocates to meet and discuss the promotion of this sector.

01/05/2022

Banks public sector deposits grow 12% in Nov

Qatar’s commercial banks registered 8.9 percent and 7.8 percent rise annually in total deposits and total credit facilities.

01/05/2022

Saudi Fransi, MasterCard launch cash back credit card

Rapid digitization has influenced customer trust and engagement with both nontraditional and traditional financial players.

01/05/2022

GDP to grow by 5.5% in 2022, Bank of Israel predicts

The bank is in no hurry to increase the interest rate

01/03/2022

NBK recognized as best trade finance provider in Kuwait

Criteria for choosing the winners included transaction volume, scope of global coverage, customer service, competitive pricing and innovative technologies

01/03/2022

HSBC acts as sole ESG structuring agent for Saudi National Bank's sustainable finance framework

SNB's Sustainable Finance Framework consists of four main pillars: promoting sustainable financing; preserving the environment; empowering individuals and communities, and promoting principles of ethical governance

12/30/2021

ahlibank's 'Al Nukhba' account enhances its premium banking portfolio

Al Nukhba brings with it an advanced and personal banking experience that keeps pace with customers' lifestyles and expectations

12/30/2021

Saudi Alinma Bank's board recommends $211.7mln cash dividends for H2

Alinma didn't disclose the date of when the dividend will be deposited into shareholders' accounts

12/29/2021

NBB wins major global awards

NBB achieved several strategic milestones

12/26/2021

Bank Nizwa recognized as the 'Strongest Islamic Retail Bank in Oman for 2021'

The award was received by Mr. Arif Al Zaabi, AGM- Retail of Bank Nizwa, on behalf of the bank

12/24/2021

Doha Bank donates QR100,000 to Qatar Red Crescent’s ‘Warm Winter’ campaign

Consistently recognised for its commitment towards social and environmental causes

12/24/2021

Banque Saudi Fransi proposes dividends for H2-21

Representing 8.5% of the capital

12/21/2021

QNB, Visa launch ‘Date to Remember’ campaign to celebrate Qatar National Day

The campaign provides a good combination of popular and valued benefits with monthly and daily prizes.

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