04/12/2021
Qatar National Bank net profit falls 7% as provisions climb
The cost to income ratio improved from 25.6 percent in the first quarter of 2020 and 24.3 percent in the fourth quarter.
Retail Banking
04/12/2021
QIB Profit grows by 9% to reach QAR 750 Million for three months' period ended 31st March 2021
Total Assets reach QAR 180 Billion
04/12/2021
Central Bank of Oman unveils new brand identity
The motifs, which are placed at the centre of the logo, create a mental image in one’s mind, and present a strong perception and visual, symbolising the primary authority of the bank and indicating its vision, mission and goals.
04/07/2021
Saudi’s Islamic Development Bank lists $2.5bn sustainability sukuk on Nasdaq Dubai
The total value of the bank’s sukuk listed on Nasdaq Dubai stands at $17.14bn
04/07/2021
ahlibank’s OMR30 million rights issue oversubscribed 1.29 times
Post issue, the bank's issued and paid-up share will increase to OMR194.9 million from the current OMR164.9 million.
04/07/2021
Dukhan Bank offers huge cash reward on personal finance applications
Dukhan Bank offers some of the most innovative features and competitively priced solutions on personal, vehicle, and home financing.
04/07/2021
HSBC Saudi Arabia wins the Best Custodian in the Kingdom award for 2020
Securities Services is an important business segment for us
04/05/2021
Emirates NBD marks Financial Wellness month in April
Renewed commitment to customers' financial wellness
04/04/2021
Qatar banks report strongest credit extension growth in GCC, says Kamco Invest
The aggregate net loan growth during the fourth quarter (Q4) of 2020 stood at 1.4% quarter-on-quarter for the GCC banking sector to reach $1.54tn led by a broad-based growth seen in most markets in the GCC.
04/01/2021
Doha Bank is 1st in Qatar to launch full suite of Visa corporate card solutions
Simplifying payments allows businesses to not only streamline their accounts payable function and pay their suppliers in a digital fashion with ease
04/01/2021
Kuwait Finance House Bahrain Rewards New Credit Cardholders With Double “Walaa Baytik” Loyalty Points
The eligible credit cards for this campaign include the Classic, Gold, SmartPay, and Signature.
04/01/2021
Saudi Arabia achieves new milestone in banking sector
It is bound to be profitable for shareholders, with estimated synergies worth SR800 million.
04/01/2021
NBK Organizes a Webinar Themed “Credit Cards and Latest Fraud Schemes”
NBK launched its account on Clubhouse social media platform, making it the first bank in Kuwait to launch an account on the new audio-chat social media app.
04/01/2021
GCC banking provisions reached record highs of $20bln last year - Kamco Invest
UAE banks reported the first drop in customer deposits in 16 quarters
03/31/2021
Al Salam Bank opens its flagship branch in Hidd
The new flagship branch features a dedicated Al Ruwad Business Center, and provides 24/7 banking services via self-service kiosks
03/30/2021
Emirates NBD reports steep increase in contactless payments
Bank wins international recognition at Visa's Global Service Quality Awards.
03/30/2021
ahlibank approves cash dividend of 5 baisas per shar
The shareholders also approved the distribution of cash dividend of 5 baisas per share.
03/30/2021
Additional Financing for "Mazaya" applicants from BBK
In addition to providing BBK customers with the option to obtain a Mortgage loan through the Mazaya Financing Scheme
03/30/2021
NBB announces partnership with Comarch for its digital customer loyalty platform
The partnership aims to bring groundbreaking digital technologies focused on creating an eco-system that brings innovative solutions to the bank's retail and business clients
03/30/2021
Dubai's Emirates NBD is said to raise Gulf's first sustainable loan
Nearly 20 banks are participating in the loan, the people said.