Turkish Banks Consolidate As Greek Banks Flounder
ING Groep was entering talks to acquire HSBC Holdings (HSBC) operations in Turkey, a recent Financial Times story notes. …
Comment & Analysis
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Slowing economic growth weighs on Bahrain’s banking sector
A slowdown in economic growth, resulting from the impact of lower oil prices, will weigh on banking sector funding and…
A redefining moment
In a free-wheeling interview, Dr Seetharaman discusses the impact of oil prices on the GCC banking sector, how digitisation of…
UAE banks' asset quality on the rise
Country’s lenders expected to fortify their funding bases as they brace for US interest rate hike The first-half results…
Qatar progresses with financial market reform
Foreign participation in the Qatar Stock Exchange is set to rise on the back of technical reforms that have been…
Private Equity Investment in Iran Is Still Years Off
The nuclear pact reached last week in Vienna may be the first incremental step toward lifting sanctions in Iran, but…
Barclays job cut plans not to impact Middle East operations
A potential upward revision of a job cut programme announced a year ago at British banking giant Barclays Plc will…
Saudi finances weaken as foreign exchange reserves slide
Saudi Arabia ramped up oil production to an all-time record high of 10.6m barrels a day in June, 200,000 barrels…
Greening the desert: How the UAE aims to change its carbon footprint
Relentless construction, a booming aviation sector and near-permanent air conditioning: Dubai is not an obvious contender for the title of…
UAE banks up investments in digital channels to lure customers
A 2013 index by consultant AT Kearney ranked the United Arab Emirates in 17th position for digital banking readiness. …
UAE's sovereign ratings affirmed by Capital Intelligence
The UAE’s ratings reflect the following factors: the overall strength of the country’s public and external finances and the resultant…
Capital Intelligence lowers KFH’s Financial Strength and Long-Term Foreign Currency Ratings
KFH remains Kuwait’s largest Islamic bank, as well as being the second largest financial institution. KFH’s Support Rating is raised…