05/04/2021
HSBC launches Green Deposits for corporate and institutional clients in the UAE
HSBC is first bank in the UAE to offer a green deposit account
Retail Banking
05/04/2021
Arab Bank Group reports first quarter 2021 net profit of $128.3 million
The consolidation of Oman Arab Bank under the Group accounts has materially increased the size of Group balance sheet during this period, with total assets increasing by $8.1 Billion and loans and deposits each increasing by $7.1 Billion
05/03/2021
Dukhan Bank first-quarter net profit jumps 10.3%
Customer deposits balance rose to QR68.3bn
04/30/2021
Commercial Bank of Dubai ’s profit up 3.1% at $88.55mln
Total assets of the bank surged 5.2% to $27.92bln in the first quarter
04/30/2021
Mashreq posts $11.71mln net profit in Q1
The bank's first-quarter operating income surged by 19.7% over the previous quarter
04/29/2021
Extreme prudence required as headwinds remain: Dubai Islamic Bank CEO
Lender's net profit reached $232mln in first quarter of 2021
04/29/2021
Ebdaa Bank: Almoayyed's a prominent Arab model for successful businesswomen
This was declared in the bank's statement on the occasion of selecting H.E. Mona Almoayyed, CEO of Y.K. Almoayyed & Sons by Gulf Business magazine, as one of the most powerful Arab personalities for the year 2021
04/29/2021
Omani banks face rising bad loans amid slow economic recovery
Corporate loan deferrals are significant and, unless extended, will pose sizeable risks to asset quality when they expire in September
04/29/2021
Saudi National Bank posts 20 percent rise in quarterly profit
The Saudi bank said total operating income increased by 8.8 percent mainly due to higher net special commission income, investment related income and higher fees from banking services.
04/29/2021
SABB highlights role in acquiring ‘green’ loan for TRSDC
As the Kingdom’s most international bank, we have a unique opportunity to bring new banking capabilities such as green loans to Saudi Arabia.
04/28/2021
History of banking in the UAE
How the industry came into existence and has been constantly evolving in the UAE
04/28/2021
Dubai's Gulf Navigation refinances its biggest loan, eyes Dh4m in savings
Vessel operator has already paid off its loans to ADCB and expects a profit for 2021
04/28/2021
NBB introduces 'Tamweel Al Watani' scheme to small and medium enterprises
The new financing plan further empowers SMEs, aiding them in their sustainability goals, while simultaneously improving cash flow positions across the Kingdom
04/28/2021
National Bank of Fujairah PJSC reports Q1 2021 results
NBF bounced back to profitability with a first quarter net profit of AED 42.0 million and operating profit growth of 32.5% quarter-on-quarter
04/28/2021
Commercial Bank of Dubai reports net profit of AED 325m and operating profit of AED 535m
Commercial Bank of Dubai has delivered a net profit of AED 325 million for the first quarter of 2021, up 3.1% against the first quarter of 2020
04/27/2021
Mizrahi-Tehafot Bank goes live with Finastra
With a modern and agile solution in place, the bank will be able to better serve its customers, and in turn to grow its business, whilst being prepared for changing regulations such as ISO 20022.
04/27/2021
QDB opens up Russian market for Qatari enterprises
With this in view, QDB, through its various departments and initiatives, continues to work closely with international partners and stakeholders to tackle those challenges.
04/27/2021
Emirates NBD Capital records strongest ever quarter in debt capital market
Emirates NBD Capital led 24 transactions in Q1 2021 raising over $18bn
04/26/2021
QNB Group receives 'Green Market Pioneer in Qatar' award
“This achievement is also a testament that we are on the right path to support the transition to a low carbon and environmentally sustainable economy, and provide our international investors further opportunity for sustainable investment.”
04/26/2021
ADCB PJSC reports first quarter 2021 net profit of AED 1.121 billion
UP 436% YoY and 11% QoQ