02/15/2022
Bank ABC Announces 2021 Results
The digital transformation programme of the Bank made significant progress during 2021 with many notable achievements, including the launch of fully digital onboarding for corporates.
Retail Banking
02/15/2022
Abu Dhabi’s ADCB offers a deposit scheme for a UAE Golden Visa
ADCB’s new scheme is targeted at those who want a Golden Visa under investor category
02/14/2022
SABB awarded ‘Best in Class E-Commerce Acquirer’ by Mastercard
(SABB) is a leader in digital transformation, focusing on accelerating transformation steps at all levels, including eCommerce, which is an important pillar in providing a leading banking experience while stimulating the economy and developing various bus
02/14/2022
Bank ABC swings to $100m net profit in 2021
The group also continued to invest into digital transformation to build its ‘bank of the future’.
02/14/2022
As SNB celebrates merger, some clients struggled to find their way
The bank has transferred more than 1.4mln accounts of individual customers in less than six months
02/14/2022
Ithmaar Holding reports 2021 profits
The announcement, by Ithmaar Holding Chairman His Royal Highness Prince Amr Al Faisal, follows the review and approval of the Board of Directors of the Company's consolidated financial results
02/14/2022
Mashreq Bank Chooses Thetaray Transaction Monitoring Solution for Correspondent Banking
The collaboration between the UAE bank and ThetaRay
02/11/2022
Doha Bank posts QR703.774 million net profit in 2021
Net interest income grew by 11.4 per cent compared to the previous year
02/10/2022
Commercial Bank of Dubai reports profit for 2021
Net interest income is up by 10.1 percent compared to 2020
02/10/2022
Bank Muscat: An innovative journey in offering banking services and products
Bank Muscat leads the financial services sector in the Sultanate with over RO 12 billion in assets
02/10/2022
Al Ahli Bank of Kuwait (ABK) ends 2021 with an Operating Profit of KD 82.1 Million and a Net Profit of KD 27.2 Million About Diffractive Managers Group
Over the same period, the Bank’s Total Assets increased by 16 percent
02/09/2022
Biggest UAE Bank Poised to Make Offer to Buy Egypt’s EFG Hermes
A formal announcement to purchase all of the Egyptian bank is imminent
02/08/2022
Banque Saudi Fransi reports 123% profit surge
The profit per share was solid during 2021 as it rose from SR1.24 to SR2.7.
02/08/2022
Commercial Bank of Dubai approves debt financing deal with Postpay
Deal will enable Postpay’s planned expansion in the UAE, Saudi Arabia and other GCC countries
02/08/2022
Ajman Bank 2021 net profit surges 117% to Dh116.2 million
The bank said its fees, commission and other income in 2021 also climbed 117.2 per cent to Dh106 million from Dh48.8 million in the previous year
02/07/2022
Corporate Social Responsibility programmes in Banking sector reached EGP 4.608bn in 2021: CBE Governor’s Advisor
CSR contributes to the value creation of banking sectors and increase advancement in baking ranking.
02/07/2022
ADIB – Egypt wins 15 global awards in 2021
ADIB Egypt receives recognition for remarkable performance in Sharia compliant banking, customer service last year
02/04/2022
Profits of Bank Albilad soar to $450m in 2021
It added that profits were further buoyed by a 2 percent fall in operating expenses, as a result of lower impairment charges for expected credit lowers, which dropped by 18 percent.
02/03/2022
Al Ahli Bank of Kuwait headed towards further growth in DIFC
The bank successfully achieved the latter and grew beyond the budgeted targets with a large number of its international client transactions carried out from the DIFC office.
02/03/2022
Saudi National Bank ranked among top six most valuable banking brands in MENA
“QNB’s growth outpaced the average of the top 50 banking brands, reflecting the hard work put behind the brand and business over the last few years,”