03/17/2021
NCB, Samba to relocate some branches as lenders combine
The new Saudi National Bank will have 503 branches in the Kingdom, around a quarter of all bank branches in the country
03/17/2021
Why large UAE banks’ 2020 profit decline is manageable
The big four reported 35 per cent year on year decline in profit
03/16/2021
Also, the meeting endorsed the board of directors’ 2020 corporate governance report, balance sheet, and profit and loss account for the financial year ended on December 31, 2020.
03/16/2021
The total domestic credit grew to QR1.05 trillion at the end of December 31, 2020, as per the QCB figures.
03/16/2021
This comes in at equivalent to 72% of CI Capital shares, and more than the 65% stake targeted by Banque Misr.
03/15/2021
UAE banks provided $1.06bln in industrial sector credit facilities for non-residents in 2020
UAE’s loan growth and liquidity picking up pace is reflective of the country's robust financial profile
03/15/2021
Alawwal & SABB fully integrate in historic bank merger
Since legally merging in June 2019, the integration saw every aspect of business reviewed to retain the best of each bank, while also investing to make a more competitive proposition overall.
03/12/2021
QNB, Qatar's biggest lender, owns 40% of CBI.
03/12/2021
The initiative was made with our customers in mind, and we aim to continuously assess the various requirements that arise when planning for a house and to better anticipate the responsibilities that our customers come across in the process.
03/12/2021
Net interest income dipped to 2.24 billion shekels from 2.29 billion a year earlier, while it had income for credit losses of 187 million shekels after 876 million of provisions for loan losses in the final three months of 2019.
03/11/2021
Retail loans grew by 6.5% from September the same year
03/11/2021
Currently there are 21 local banks in the UAE and 27 full commercial foreign banks, serving a population of roughly 9.4 million people.
03/11/2021
‘HSBC today announces it will propose a special resolution on climate change’
03/11/2021
As of the end of 2020, deferred loans and mortgages amounted to NIS 42.5 billion but by the end of January 2021
03/10/2021
Alawwal Bank’s accounts and services will be transferred to the two banks’ enhanced, single banking proposition
03/10/2021
Aggregate provisions surged by 72%, mainly driven by higher problem loans and anticipation of higher loan losses ahead.
03/10/2021
Users will now be able to log in with their UAE PASS credentials when signing up for a new Emirates NBD account and forms will be automatically completed with their details along with auto-uploading of documents, thus saving time and effort.
03/09/2021
Digital and fintech can smooth out processes to deliver cash to the truly needy
03/09/2021
Bank boasts integrated strategy to develop various business sectors, grow and support financial position, whilst maximising profits, says Amr El-Garhy
03/09/2021
The award was presented to Al Salam Bank - Bahrain Group CEO Rafik Nayed by the Vice Chairman of Wholesale Payments & Senior Country Officer at JP Morgan Ali Moosa.