04/30/2020
NBF recorded an operating profit growth of 3.7% quarter-on-quarter and 2.9% year-on-year reaching AED 293.3 million enabling the bank to secure prudent impairment provisions in the face of the unprecedented operating environment
04/29/2020
Lower loan yields, higher provisions and difficult environment hurt profitability
04/29/2020
A movement to raise awareness, support local businesses and individuals, and engage the wider community
04/28/2020
2,032-unit portfolio of multifamily communities located in North Carolina and Texas
04/28/2020
The initiative was supervised by experts and consultants from the various partner organisations, who provided all types of guidance to develop the ideas of the teams participating in the initiative, so that the best five ideas are finally chosen by a spec
04/28/2020
Lower interest rates and higher provisions result in year on year decline in Q1 profits
04/28/2020
With its strong balance sheet and capital position, First Abu Dhabi Bank (FAB) can "fully support customers and help to mitigate the wider economic impact by playing an integral role in the government’s targeted relief measures," Chairman
04/27/2020
MBL is categorised as a small bank with 0.17 per cent market share as of February 2020, however, targeting high net worth persons and corporate institutions.
04/27/2020
Total credit of the commercial banks grew more than 12% to QR1.09tn at the end of review period.
04/27/2020
Kuwait's ministry of finance has reportedly asked the country's sovereign wealth fund to look into the merger’s feasibility
04/24/2020
The bank's non-performing loans stood at 1.84% compared to 1.93% in the previous year period.
04/24/2020
He was speaking at an online news conference.
04/24/2020
Total assets reached QR109bn in the first quarter
04/23/2020
Customer deposits were up about 1% to QR54.8bn, reflecting the strong liquidity of the lender.
04/23/2020
Net profit for the reporting period declined to Dh315m as the lender expects potentially greater loan losses during Covid-19 pandemic
04/22/2020
Total income for the first quarter at Dh6.88bn remains fairly unchanged from Dh6.87bn in the preceding quarter.
04/20/2020
Banks in the United Arab Emirates are feeling the impact of tough containment measures aimed at tackling the pandemic, which also brought parts of the economy to a near halt.
04/20/2020
The partnership between ECI and National Bank of Fujairah was sealed in a virtual meeting attended by senior officials from both organisations.
04/20/2020
In response to the COVID-19 pandemic, the bank immediately committed to take all preventive measures to protect the health and safety of all our customers and employees, while maintaining the best customer service levels and encouraging customers to use a
04/20/2020
‘Skiplino’ is a modern and smart application that meets the requirements and needs of all customers, whereby customers can reserve appointments and view the same electronically.