Retail Banking

Comment & Analysis

GCC banks require monitoring once pandemic measures lifted: IMF

April 19, 2022

The Gulf Co-operation Council (GCC) banking sector requires close monitoring to contain financial vulnerabilities once the Covid-19 policy support measures…

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FinTech

FAB teams up with IBM to hasten digital transformation

April 19, 2022

First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest and safest financial institutions, has…

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Financial Results

National Bank of Kuwait reports net profit of KD 116.6mln for the first quarter of 2022

April 19, 2022

Al-Sager: Our strong performance is supported by prudent risk management and excellent credit quality We continued delivering strong performance across…

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Retail Banking

FAB teams up with IBM to accelerate digital transformation

April 19, 2022

First Abu Dhabi Bank has announced the  collaboration with IBM Consulting  to support the bank’s ongoing digital transformation journey.   …

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Financial Results

At a glance – Commercial International Bank 1Q22 results

April 18, 2022

Softening COR and volume driven core banking income growth drive earnings up a solid 48% y-o-y   Commercial International Bank’s…

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Awards and Recognition

SABB wins Saudi Arabia’s Best Bank 2022 Award

April 18, 2022

The Saudi British Bank  has won the “Saudi Arabia’s Best Bank 2022” award by Global Finance magazine for the third…

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Awards and Recognition

Ahlibank honoured with ‘Leadership in Youth Development’ Award

April 18, 2022

Ahlibank’s ongoing efforts to empower local youth with Career opportunities that include orientation and on-job-training programs as well as soft…

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Comment & Analysis

Financial stability risks for Saudi Arabia's banking sector to remain contained despite rapid growth

April 18, 2022

S&P Global Ratings said  that it expects risks to the stability of Saudi Arabia's banking system to remain contained, despite…

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Financial Results

Standard Chartered announces changes to refocus and simplify its presence in Africa & Middle East region

April 18, 2022

As set out during its full year 2021 results presentation, Standard Chartered PLC (“the Group”) is accelerating its strategy to…

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Comment & Analysis

Beckoning a new dawn for real-time payments in the UAE

April 14, 2022

As the UAE moves closer to the introduction of its mandated real-time payments scheme, due for launch in the fourth…

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Comment & Analysis

Saudi Arabia sees major growth in NFC payments

April 14, 2022

In light of the quantum leap in financial technologies and related sectors, the Kingdom of Saudi Arabia has witnessed remarkable…

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Islamic Finance

Sohar Islamic inks agreement to provide retail and wholesale banking solutions to Madayn

April 13, 2022

Contributing and promoting the national agenda of diversification as well as generating in country value (ICV), Sohar Islamic - Sohar…

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