02/22/2021
The report showed the projected revenue outlook of retail banks in key economies in the GCC, which includes the United Arab Emirates (UAE), Kingdom of Saudi Arabia (KSA), and Kuwait in three retail banking revenue growth scenarios.
02/22/2021
HSBC's Middle East and North Africa, or MENA, unit contributed 4.32% of group pretax income in the third quarter of 2020, a recovery from negative 1.16% in the previous quarter, according to S&P Global Market Intelligence data.
02/22/2021
Performing this consistently is a proud achievement and thanks to our customers and stakeholders, our impressive financial results rightfully manifest our leading and most trusted position within Oman’s Islamic banking sector.
02/21/2021
NBK was named the winner of the award
02/19/2021
An increase in Loan Loss Provisions, largely related to unforeseeable major fraud cases and Covid-19 impact, created a Net Loss of US$89 Million, Attributable to the Shareholders of the Parent
02/19/2021
It has over 60 branches and 173 ATMs and cash deposit machines spread across the country, serving a considerable portion of the country’s five million population.
02/18/2021
Partnering with Backbase to accelerate our digital transformation and launch our new app has helped us more readily address our clients' needs throughout various stages of their customer journey
02/18/2021
The new lender will be called the Bank of Small and Medium Enterprise
02/18/2021
Attributable to the owners of the bank for the full year ending 31 December 2020
02/16/2021
Net interest income dropped by 12% to BD20.5 million (BD23.3 million in the corresponding period of last year), mainly due to interest rate cuts during early 2020.
02/15/2021
The license will facilitate membership of the country's central securities depositary, Misr for Central Clearing, Depository and Registry, providing the integral function of settlement and clearing of trades executed on The Egyptian Exchange
02/15/2021
UAE KYC Blockchain Platform is part of Dubai Economy's vision to enhance business competitiveness and accelerate the digital transformation of the UAE economy
02/15/2021
Upon signing the agreement with Eskan Bank, NBB will jointly mortgage the properties financed by both banks, offering attractive interest rates to applicants with loan tenors reaching up to 25 years.
02/12/2021
Other benefits would include improved transparency of payments between companies and individuals, and options for customers to carry out immediate transfers between accounts
02/12/2021
The report highlights, 76% of Qatar consumers are largely aware of climate change and how the issue negatively affects the environment.
02/12/2021
Commercial Bank’s newly launched service fulfills the bank’s promise of bringing payment solutions to match the evolving lifestyle of its customers; thus, becoming one of the first local banks to offer athletes and sports enthusiasts in Qatar
02/11/2021
The unique financing structure provides an efficient option for PDO to monetise the receivables of this portfolio to generate cash flow for operations and investments.
02/11/2021
Credit agency says merger could strengthen overall creditworthiness of new entity
02/11/2021
Bank reported a 57% decrease in net profit attributable to shareholders amounting to $24.2mln
02/10/2021
Losses reflect lower operating income and higher risk charges.