02/02/2021
QNB breaking into the top 50 of Brand Finance’s ranking of the most valuable banking brands and recording an uplift in brand value is a particularly impressive feat given the turmoil that the sector is currently experiencing.
02/02/2021
Powered by Software AG, steered by TSME
02/02/2021
Most recently, Talabat has also entered the deals market in the country with the launch of its talabat Dine (tDine) membership platform, which provides deals such as a daily buy one get one free, dine-in discounts and benefits at over 130 restaurants in Q
02/01/2021
Bank reported a 4% year-on-year drop in the fourth quarter net income but says long-term fundamentals remain strong
02/01/2021
Strong capital position and ample liquidity coupled with effective cost management and prudent provisioning place the bank well for a rapid recovery
02/01/2021
The new products will offer comprehensive covers that are tailor-made for each business according to their business activity and size.
02/01/2021
Brand value of world's largest banks contracts for second year running
02/01/2021
The MoU was signed by Mr. Salah Al-Fulaij, CEO of National Bank of Kuwait - Kuwait, and Mr. Abdulaziz Al-Babtain, CEO of Ooredoo - Kuwait.
01/30/2021
Top UAE banks’ profits drop amid pandemic
The bank said in a statement that total income increased four percent to $6.3 billion from $6.1 billion last year “as the positive contribution from DenizBank helped offset a decline in net interest margin due to lower interest rates”.
01/29/2021
Qatar's Commercial Bank plans to raise at least $1 bln via bond sales - CEO
Qatar, a wealthy Gulf state and a top exporter of liquefied natural gas, has based its 2021 budget on an average oil price of $40 per barrel, a conservative assumption which means revenues could be higher than forecast.
01/29/2021
Bank Muscat board proposes 35 per cent dividend for 2020
Shareholders would receive a cash dividend of OMR0.025 per ordinary share aggregating to OMR81.238 million on the Bank’s existing share capital.
01/29/2021
Commercial Bank commits to Turkey for ‘long haul’
Turkish banks may face an increase in NPLs after extending more credit to keep the economy afloat through currency volatility and lockdown restrictions aimed at slowing the spread of Covid-19.
01/28/2021
The Group reported a net profit of QAR 1,301.2 million as compared to QAR 2,021.0 million for the same period in 2019
01/27/2021
Upon the completion of the merger, AKCB will be dissolved and its ratings will be withdrawn. MAR will be the surviving entity, continuing to operate as an Islamic bank
01/27/2021
Emirates NBD’s resilient operating performance, coupled with a solid balance sheet will provide a platform for customers to take advantage of growth opportunities in the year ahead.
01/27/2021
Lender optimistic about economic growth in 2021
01/27/2021
The HSBC Signature Cashback Credit Card complements the existing HSBC Credit Card suite and gives customers a greater variety of payment options to suit their individual needs.
01/26/2021
The Board of Directors has recommended to the shareholders the distribution of 12% cash dividends for the financial year 2020
01/26/2021
Credit to the general services witnessed a 14.44% year-on-year jump to QR292.75bn, which was about 89% of the total credit to the services sector.
01/25/2021
The bonds comply with the Basel III regulatory framework, as adopted by the Central Bank of Kuwait.