05/08/2017
Omani banks allowed to consider one per cent of non-funded credit for SME funding
The average SME lending by banks in Oman was roughly 2 per cent last year.
Retail Banking
05/08/2017
CBD set for 'innovation-driven' growth
Strong top-line growth had powered the bank's first quarter headline results, delivering operating profits of 9.5 per cent over 2016.
05/07/2017
Standard Chartered sees strong growth in retail banking
The revival in retail banking business is largely driven by improvement in the non-oil sector of the economy.
05/07/2017
QIIB bags QDB Al-Dhameen best partner bank award
QIIB won this award after granting more than QR58mn in loans through the Al-Dhameen Programme.
05/05/2017
BankDhofar launches corporate and SME credit cards
Adding to its wide-ranging products, the new corporate credit card comes with a wide array of features including managing expenses, data transfer and integration through MasterCard Smart Data
05/03/2017
Abu Dhabi Commercial Bank Q1 profit up 8%
Impairments in the first quarter of 2017 totalled Dhs386m compared to Dhs352m in the prior-year quarter.
05/03/2017
Al Emadi receives Leadership Vision 2017 award
It requires consensus of the UAB Board of Directors, which consists 20 Arab countries.
05/03/2017
RAKBANK Partners with C3 to launch a Prepaid Payroll Card
RAKBANK has announced the signing of an agreement with C3, a Prepaid Card Service Provider, in order to provide C3 with a BIN sponsorship on their prepaid cards to strengthen the C3 payroll offering.
05/03/2017
ENBD partners with Yes Bank for NRI credit facilities
The NRE FD credit facility will be offered to UAE-based NRI customers of Emirates NBD who are also customers of Yes Bank.
05/03/2017
National Bank of Kuwait to issue senior unsecured dollar bond
The bank's last public debt sale was a $700 million capital-boosting bond with a perpetual lifespan issued in 2015.
05/03/2017
Family Bank role in supporting community emphasized
The meeting discussed ways to support productive families, micro projects and young entrepreneurs as part of efforts to enhance Bahraini families’ standards of living and promote their economic empowerment.
05/02/2017
Two Iranian Banks Opening Munich Branch
The visit by the Bavarian delegation to Tehran is the latest in a series of bilateral talks between Iran and Germany.
05/02/2017
Burgan Bank Group announces 2017 first quarter earnings
Our operations in Kuwait and the region continued to demonstrate and as planned, healthy trends almost on all indicators.
05/02/2017
Qatar Development Bank honours Al Dhameen partner banks
The responses were averaged to determine an overall rating of the partner bank.
05/01/2017
QNB wins four awards
The awards programme, overseen by The Asian Banker, is an industry benchmark in the financial services sector.
05/01/2017
Jordan's Arab Bank Q1 net profit $218.2 mln vs $218.3 mln
Total loans rose 3 percent to $24.4 billion as of the end of March, while deposits stood at $33 billion compared with the same period last year.
05/01/2017
First Abu Dhabi Bank launches brand identity
New identity includes logo, with ‘Grow Stronger’ as slogan
05/01/2017
This UAE lender sees good days ahead for retail banking
The bank’s retail lending book grew about 2 per cent during the first quarter supported by growth in mortgages.
04/30/2017
Gulf Bank records an increase of 7% in net profit in Q1 2017
Gulf Bank awarded as Best Digital Bank, Kuwait
04/30/2017
Al Baraka Bank Algeria raises its capital
These increases will continue in the coming years, as set out in the strategic plan approved by the Board of Directors, which allowed the Bank to record significant growth in line with the expectations of shareholders and the various partners in general.