Managers of Wealth Middle East -Wealth, private banking and asset management news and opinion

IBQ wins ‘Best Retail Customer Service’ award

The Banker Middle East Awards is among the most important recognition for the financial services industry in the region.

Ten banks bid for Citigroup's Egyptian retail operations: sources

Citigroup has received 10 bids for its consumer banking business in Egypt

Big growth for Mena retail banks in mobile zone

The Mena region’s unbanked and underbanked sectors remain a major retail banking frontier

LIC launches co-branded credit card with UAE bank

LIC International of India, an arm of India's top insurance company LIC, has partnered with First Gulf Bank (FGB), a leading bank in the United Arab Emirates (UAE) to launch a first-of-its-kind co-branded credit card in the Gulf nation.

Kuwait's CBK cuts stake in Boubyan Bank to 17.7 pct

Commercial Bank of Kuwait (CBK) has cut its stake in Boubyan Bank to 17.7 percent from the 19.9 percent

Bank Sohar Presented with 'Best Financial Brand Oman 2014' Award by Global Brands Magazine

This award was presented to the Bank at a recent ceremony held in Dubai, adding yet another accolade to its credit as well as cementing its position as one of Oman's leading banking institutions.

QNB wins two prestigious awards from Ethos Integrated Solutions

The prestigious awards were delivered during the 10th Annual Customer Experience Benchmarking Index awards ceremony for retail banks and exchange houses throughout the GCC, recently held at the Burj Al Arab hotel in Dubai.

Rana Kapoor, Founder & CEO of YES BANK receives the prestigious Asian Business Leadership Forum "Business Innovator Award"

The Award was presented to Rana Kapoor by H.E. Sultan Saeed Al Mansouri, Minister of Economy, United Arab Emirates.

KFH recognized for outstanding performance by MasterCard

Kathuria, presenting a plaque to Al Nahedh,

“Aafaq” wins the award for the best Finance Provider 2014

The award was a result of research and studies conducted by CPI for Banks across the Middle East, and a result of voting casted by Banking sector and financial services followers.

ADIB named GCC’s and UAE’s Best Bank for Customer Experience

Abu Dhabi Islamic Bank has been named the GCC’s “Best Overall Bank” in Customer Experience at the 2014 Bank Benchmark Index Awards organised by Ethos Consultancy.

Emirates NBD wins second international accolade for 'Mobile Banking Service'

Banking Technology magazine recognised Emirates NBD for innovative smart banking solutions

Mashreq named SME Bank of the Year 2014

Mashreq proves to be the best financial institution to offer integrated support to SMEs

Noor Bank ranked top Commercial Islamic Bank in GCC for Pre-tax Profit Growth in 2013

UK-based The Banker magazine has named Noor Bank the fastest growing Islamic commercial bank in the GCC for 2013 on the basis of pre-tax profit growth.

IAIR Names Bank Sohar as Best Bank for Fast Growth in the Middle East

Receiving yet another international recognition for excellence, Bank Sohar received the 'Best Bank for Fast Growth / Middle East' Award from Milan based, IAIR Magazine at the IAIR Awards 2014.

Commercial Bank of Dubai (CBD) receives award for localisation efforts in the GCC

The GCC Social Affairs and Labor Ministers Council has recognized Commercial Bank of Dubai (CBD) for its outstanding efforts in supporting localization across the GCC

Bank Sohar Receives Two Awards from International Finance Magazine (IFM), UK

Bank Sohar Awarded 'Most Socially Responsible Bank' & 'Fastest Growing Bank' Awards

Burgan Bank successfully completes capital increase

Burgan Bank Shareholders have subscribed in the capital increase during the designated period started from November 16, 2014 and ended on November 30, 2014 in number of shares in excess of the shares offered for subscription.

Emirates NBD extends DirectRemit 60 seconds money transfer service to the Philippines

Emirates NBD, a leading bank in the region, today announced that it has extended its DirectRemit 60 seconds money transfer service to the Philippines.

Barwa Bank wins "Fastest Growing Bank in Qatar" award by IFM

The IFM Awards set the benchmark for successful banking and financial institutions around the world. Mr. Abdulaziz Ahmed Al-Neama, Head of Branch Operations accepted the award on behalf of the Bank at the ceremony.

Retail Banking