Turkey’s banks may need capital increase, Fitch Ratings says
Capital increases may be needed at Turkish banks with fairly thin buffers or to support economic growth, Lindsey Liddell, a…
Retail Banking
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What are the implications of the UAE's monopoly on issuing Egyptian sovereign bonds?
Emirati banks' issuance of Egyptian sovereign bonds and the arrangement and provision of loans, raised several questions about the significance…
Brookfield to buy 60% of First Abu Dhabi Bank’s payment arm
Brookfield Asset Management signed an agreement to buy 60 per cent of the payments business of First Abu Dhabi Bank …
First Abu Dhabi Bank to distribute $2.1bn dividends for 2021
First Abu Dhabi Bank , one of UAE’s leading banks, has approved the dividend distribution of 70% of paid-up capital…
Saudi National Bank looks for new position in Europe, Asia
Saudi National Bank has been revising possible acquisitions of financial organizations in Europe along with Asia, based on a news…
US-listed Brookfield to buy 60% of First Abu Dhabi Bank’s payment subsidiary
First Abu Dhabi Bank, the UAE’s largest lender by assets, has signed an agreement to sell a 60 per cent…
Mastercard recognises Commercial Bank’s outstanding performance for ultra high net worth customers
Commercial Bank has been awarded by Mastercard in recognition of the Bank’s outstanding performance of its Limited-Edition Black World Elite…
Commercial Bank wins best ‘Serving Business Owners’ award by Euromoney
In its annual Private Banking and Wealth Management Survey, the leading international magazine Euromoney has recognized Commercial Bank’s continuous commitment…
Burgan Bank launches "Power of 25" campaign exclusively for customers
In celebration of Kuwait's National Day and in keeping with its significance, Burgan Bank launched ‘Power of 25”, an exclusive…
GIB reports net profit of $37.9mln attributable to shareholders
The fourth quarter of 2021 recorded a marginal net loss attributable to the Shareholders of the Bank of $1 million,…
Capital Bank of Jordan launches Blink neobank
In March 2021, Capital Bank of Jordan has partnered with Codebase Technologies to build Blink, the first digital-only neobank in…
Bank of Bahrain and Kuwait B S C : BBK launches its fifth operational 24/7 “BBKPLUS” Digital Branch concept at Souq Al Baraha in Diyar Al Muharraq
BBK has announced the opening of its new full-fledged "BBKPLUS" Digital Branch at Souq Al Baraha in Diyar Al Muharraq,…