03/02/2021
This global recognition is a testament to Arab Bank’s solid performance and long success record driven by its institutional vision and constant efforts towards adopting the latest technologies in the banking industry
03/02/2021
Entity created from NCB and Samba Financial Group merger will have 30% market share
03/02/2021
Abu Dhabi Commercial Bank to acquire a portfolio of about 1,000 mortgages from Abu Dhabi Finance
03/02/2021
The lender paid 35 basis points more on dollar and euro facilities when it raised a loan of around $800 million in October.
03/02/2021
Loans, the biggest sub-category of assets, were around TL 3.6 trillion ($487.5 billion), posting a 32% rise year-on-year.
02/28/2021
The fourth quarter of 2020 saw an acceleration in the integration of SABB and Alawwal Bank, with full integration expected by the end of the first quarter of 2021.
02/28/2021
The assets have a gross book value of about Dh1.13 billion as of January 31, 2021
02/28/2021
Recognized as 'Market Leader' in the UAE and the Middle East region in the Euromoney Trade Finance Survey 2021
02/28/2021
Board recommends payout despite 12% net profit decline
02/26/2021
With Total Assets exceeding US$28 billion
02/26/2021
Total domestic assets were seen expanding 10.17%; while foreign assets were down 0.8% year-on-year in January 2021.
02/26/2021
$213mln a year budget is attributed to cut in cost of technology systems for the two banks
02/26/2021
In addition to a sustainable fee income stream, a drop in funding costs along with a better-managed deposits book helped improve the bank’s balance sheet and overall liquidity position.
02/25/2021
The Bank remained resilient during the year and responded well to the pandemic across all fronts
02/25/2021
The program will be effective first, for the clients holding their accounts at Banque BEMO in Cyprus, and who transfer their deposits to the Bank in Lebanon
02/25/2021
Through the commercial credit card, our large corporate customers as well as SME clients will be able to make cashless transactions seamlessly and conveniently, while maintaining a stronger control over their cash flows.
02/25/2021
The company made a net profit of $6.13mln in 2020 compared to $1.33mln in the previous year
02/25/2021
This allows those third parties to build products and services for the financial institution’s customers.
02/24/2021
Launch of the Shari'ah-compliant Point-of-Sale Solution
02/24/2021
"The non-performing loan ratio has seen only slight increases, and is still at historically low levels," the central bank cited its governor Mohammad al-Hashel as saying