Saudi National Bank gets $750 million via debut 'sustainable' sukuk
Saudi National Bank , the kingdom's largest lender that is 50.4% indirectly owned by the government, sold $750 million in…
Retail Banking
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QIIB launches direct cheque deposit service through ATMs
QIIB has launched a direct cheque deposit service through ATMs for Personal and Corporate clients without the need for its…
Ithmaar Bank empowers customers with new self-service machines at Seef Mall and Arad Branches
Ithmaar Bank has installed self-service banking machines at its Seef Mall and Arad branches, offering customers a whole new digital…
Major Mena banks to post 29% jump in fourth- quarter earnings, EFG Hermes says
Major banks in the Middle East and North Africa are expected to post a 29 per cent annual increase in…
Israel's One Zero Digital Bank gains full licence
One Zero Digital Bank has received final regulatory approval for a full banking licence, the Bank of Israel said on…
Emergency liquidity available for Egyptian banks
Egyptian banks will have access to a new stream of emergency cash, after the country’s Central Bank signed off on…
Qatar National Bank 2021 profit up 10% driven by loan growth
Qatar National Bank, the Gulf's biggest bank by assets, on Tuesday reported a 10% increase in annual net profit driven…
Saudi Arabia .. The biggest merger of the Bank and the Financial Group has come to an end
The National Bank of Saudi Arabia announced the completion of the $ 239 billion merger process between Al-Ahly Commercial and…
ADIB Egypt raises capital of its consumer finance company to $1.90mln
Abu Dhabi Islamic Bank (ADIB) Egypt has announced an increase in the issued and paid-in capital of the Abu Dhabi…
Digital transformation of banks: A long road to big rewards
In last year’s EFMA Infosys Innovation in Retail Banking survey of more than 1,000 bankers, 14 per cent said that…
Central bank of Bahrain trials JPMorgan blockchain and token
Bahrain is the latest nation to explore blockchain technology by American investment bank JPMorgan, with the country’s central bank trialing…
Financial soundness of UAE banks robust, says central bank
The aggregate data on the UAE’s banking sector for the first nine months from the Central Bank of UAE (CBUAE)…