09/01/2020
First Abu Dhabi Bank plans to issue perpetual bonds as soon as September - sources
One of the sources said FAB, the largest bank in the United Arab Emirates, will likely issue $750mln in AT1 bonds
09/01/2020
One of the sources said FAB, the largest bank in the United Arab Emirates, will likely issue $750mln in AT1 bonds
09/01/2020
A five-year fixed rate USD Regulation-S senior unsecured offering will follow as early as Tuesday, subject to market conditions, according to a statement posted on the Qatar Stock Exchange website.
08/28/2020
Shmulik Arbel, an executive at Bank Leumi, said the collaboration might influence other countries to follow suit on normalization.
08/28/2020
The first part of the draw for July saw 35 lucky winners take home high-value prizes
08/28/2020
Being known as one of the better banks in the region to work with by customer satisfaction scores, Emirates NBD realised that this is exactly the position which could further enhance customer satisfaction.
08/28/2020
As of end of June 2020, NBK-Bahrain’s total assets grew by 4.6pc y-o-y
08/27/2020
The three banks’ deposits totaled TL 1.32 trillion as of the end of the first half, while loans provided by the banks amounted to TL 1.29 billion.
08/27/2020
The deal is still "in the preliminary discussions phase"
08/27/2020
We’re proud of our achievements and look forward to accomplishing more milestones over the coming years
08/27/2020
This acquisition move is in line with the current banks M&A trend in the Gulf Cooperation Council (GCC) region.
08/27/2020
He said that the number of payment machines operating in all sales outlets all over the Kingdom until the end of last month accounted for about 560,000 devices that serve all commercial sectors.
08/27/2020
Net interest income, a key number for banks, fell 7.3 percent for the country’s top lenders while net fee income plunged 23 percent as lockdowns limited the income from cards and new business volumes
08/26/2020
“We consistently endeavour to identify and support initiatives that aim at furthering investment in key sectors that are vital for enhancing the Qatari economy.“
08/26/2020
Net interest margin witnessed contraction as cost efficiency improved
08/26/2020
The commercial banks’ domestic credit expanded more than 12% year-on-year to QR1.01trn; whereas overseas credit fell about 7% to QR72.74bn in the review period.
08/26/2020
Despite challenging market conditions, the banks witnessed a fringe surge in loans and advances, and deposit growth. This has added liquidity in the banking system.
08/24/2020
The innovation is likely to speed up the bank transfers and expedite remittance of their dues to the court users in an easy and simple way.
08/24/2020
NBF Connect will serve as a collaborative ecosystem and a one-stop-shop for SMEs with partners including Etisalat and Visa
08/24/2020
Rehan Khan, winner of this year’s CFO Award, joined Commercial Bank as Chief Financial Officer in 2013 and is also a director of Commercial Bank subsidiaries Orient 1, CBQ Finance, CB Global and CB Financial Services.
08/21/2020
QDB stated that companies wishing to benefit from the programme must be fully owned by private sector and registered in the wage protection system in force in Qatar.