Top UAE banks set to see profitability return to pre-pandemic levels
Growth in net interest income will drive profitability to pre-pandemic levels at the largest UAE banks in the next 12-18…
Retail Banking
8801 articles found
Emirates NBD makes a clean sweep with four top titles at The Asian Banker Regional Awards 2021
Recognized as Best Digital Bank in the Middle East for fourth consecutive year Bank also awarded the title for Best…
Qatar’s strong banking sector
QATAR’S banking sector has successfully overcome the challenges posed by coronavirus pandemic. Qatari banks’ profitability has been resilient during…
Qatar First Bank achieves net profit attributable to equity holders of the bank of QR100.37m for the year ended 31st December 2021
Qatar First Bank LLC announced its financial results for the year ending 31 December 2021, recording the Bank’s highest ever…
Al Baraka banking group reports net income attributable to equity shareholder of US$ 113mln
Al Baraka Banking Group BSC (ABG), Bahrain Bourse and Nasdaq Dubai trading code "BARKA" announced its financial results for the…
Saudi lender Arab National Bank profits up 5% to $581m in 2021
Saudi Arabia’s Arab National Bank has reported a five percent increase in profit during 2021. The bank recorded a…
Bahrain's Al Baraka Banking Group's 2021 net income up 69% to $113mln
Bahrain’s Al Baraka Banking Group (ABG) saw its full-year 2021 net income jump by nearly 70 percent despite the economic…
HSBC appoints Head of Markets and Securities Services in the UAE
HSBC has appointed Nabeel Albloushi as Head of Markets and Securities Services (MSS) for the United Arab Emirates (UAE). Nabeel…
Dubai’s Mashreq Bank could sell its payments business – and it may not be the only one
Mashreqbank is exploring a sale of its payments business in a deal that could value the division at around $500…
The way forward for digital banking in the UAE
The Covid-19 pandemic has undoubtedly accelerated digital transformation measures across industries – and the banking sector is no exception. …
First Abu Dhabi Bank takes orders for $500mln sukuk
First Abu Dhabi Bank, the United Arab Emirates' largest lender, is expected to sell $500 million in Islamic bonds on…
Brookfield negotiating with First Abu Dhabi Bank to buy $1bn payments arm
Brookfield Asset Management is negotiating with First Abu Dhabi Bank to buy its payment arm, according to Bloomberg. According…