10/16/2019
Who is Abdul Aziz Al Ghurair, the new chairman of Mashreq bank?
Son of Mashreq bank’s founder will steer the company through the digital transformation
Retail Banking
10/16/2019
Al Khaliji net profit rises 6% to QR497mn in third quarter
We continue to focus on our domestic market in Qatar, selectively capitalising on opportunities and diligently managing our margins.
10/15/2019
Barwa Bank announces October draw winners for Thara'a savings account
On a monthly basis, there are 42 winners per draw for the cash prize of QR5,000 each, as well as two winners per draw for the cash prize of QR10,000.
10/15/2019
NBK, the only Kuwaiti bank among the world’s 50 safest banks in 2019
Recognition demonstrates NBK’s exceptionally strong ratings, and successful strategy
10/15/2019
Commercial Bank of Dubai adopts the Microsoft Cloud to accelerate digitization
Commercial Bank of Dubai will be amongst the early adopters of Microsoft's UAE cloud regions to avail high performance, security, compliance and data residency
10/15/2019
Romanian lender BCR to sell headquarters in downtown Bucharest to Arab investor
Both buildings are likely to be sold by the end of this year
10/15/2019
Mashreq profit hits Dh1.76b
The bank said its non-performing loans to gross loans ratio decreased slightly from 3.5 per cent in June
10/14/2019
JP Morgan sees long-term growth in Middle East business after record year
A rise in debt issuances, M&A deals and growth in brokerage business is helping JP Morgan grow its business in the oil-rich economies of the region
10/11/2019
Bahrain Credit Drives Digital Transformation with Veeam
Bahrain Credit’s priority has been the digitisation of its services to extend greater conveniences to its customers, while catering to Bahrain’s growing demographic of young, tech-savvy digital natives.
10/10/2019
NBK reports 10.9% increase in net profit
Although there has been slower demand for credit in Kuwait, we have seen growth in our loan book, and we expect this trend to continue until the end of the year.
10/10/2019
Boubyan Bank posts net profits of KD 45m for period ended 30 Sept
Boubyan was named the Best Islamic Digital Bank in the Middle East by Global Finance.
10/09/2019
Bank ABC Wins the Most Innovative Arab Bank of the Year Award
Bank ABC has been awarded “Most Innovative Arab Bank of the Year” at the FinX Awards 2019, organised by Fintech Galaxy, a digital crowdfunding platform
10/09/2019
Mashreq Bank Partners With Avaya And Koopid To Bring AI To The Heart Of Customer Experience
The solution paves the way for the bank to open new channels whilst allowing its customers to complete banking transactions.
10/08/2019
Emirates NBD wins award for corporate volunteering
Husam Al-Sayed, group chief human resource officer, Emirates NBD, said: “Emirates NBD is deeply honored to be named an IMPACT2030 Innovation Award winner
10/08/2019
Commercial Bank targets Qataris with premium Sadara Youth service
Within the ‘Sadara Youth’ app, users can access the augmented reality ‘Quest’ function to find further available instant discounts and offers.
10/08/2019
QNB builds on ESG feats to be among top global peers: MSCI
MSCI started covering QNB in October 2015 with ‘BB' rating and in 2016 and 2017, it became ‘BBB' and in August 2019, it was upgraded to ‘A' rating due to ‘strong position for meeting digital banking challenges'.
10/08/2019
NBK delegation to attend WBG & IMF annual meetings
NBK delegation will participate in the annual meetings that will discuss key economic and financial challenges and future growth prospects, as well as highlights on a number of issues related to global financial sector reforms.
10/08/2019
Citi Bahrain wins best digital bank award
Citi Bahrain has also won the Most Innovative Digital Bank award
10/08/2019
Ithmaar BSC : Bank gold sponsor of 100 years of banking celebration
The celebration, which is organised by Bahrain Association of Banks, was announced in April and includes several events, publications and meetings.
10/08/2019
Sharjah Islamic Bank the Most Innovative Islamic Bank of 2019
Sharjah Islamic Bank is constantly seeking to deploy innovative and market leading products and services that are designed to accommodate the requirements of the retail and corporate customer base.