10/20/2014

BBK launches new product for NRIs

BBK has announced the launch of its new and improved mortgage loan product for the benefit of Non-Resident Indians through its branches in India.

10/02/2014

China to expand bank operations in Qatar

The request from Chinese authorities is pending before Qatar. Qatar is keen to open Islamic banks in China as well. More than one Qatar-based Islamic banks have expressed their interests in opening their branches in China.

09/21/2014

Citi to expand in select business areas in the UAE

Global lender Citigroup said it continues to be an active player in the consumer banking and institutional business in the UAE, although it has announced exit from retail business in a number of markets across Europe, Middle East and Africa region.

09/19/2014

Mashreq eyes Turkey acquisitions in major push

A number of local banks had been held up as potential buyers of UAE operations that sources said Standard Chartered was aiming to sell after it agreed to close some accounts there in an anti-money laundering settlement with authorities in the US.