Retail Banking

Comment & Analysis

Abu Dhabi Commercial Bank — Moody's – Large UAE banks see sharp but manageable drop in profits for 2020, driven by low rates and rising provisions

March 10, 2021

» The United Arab Emirate's four largest banks drop in net profits reflects high loan-loss provisions, lower interest rates and…

Read More

Fraud & Ethics

Bank Muscat continues anti-fraud campaign to raise public awareness

March 10, 2021

In line with its commitment to social responsibility, Bank Muscat, the leading financial services provider in the Sultanate, is continuing…

Read More

FinTech

Emirates NBD integrates website with UAE PASS for seamless digital account opening

March 10, 2021

Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Turkey) region, announced that it has…

Read More

Financial Results

KFH Launches "It's Worth Transferring your Salary" Campaign

March 10, 2021

Kuwait Finance House launched “It's Worth Transferring your Salary” Campaign that includes a plethora of offers and discounts to customers.…

Read More

Retail Banking

Bank Muscat hires banks for dollar 5-year bonds – document

March 9, 2021

Bank Muscat has hired a group of international and regional banks to arrange an issuance of U.S. dollar-denominated five-year bonds,…

Read More

Comment & Analysis

Still much needs doing to digitally connect 2 billion of world's unbanked

March 9, 2021

Making money is often not an end to itself - but a means to a good life, for one or…

Read More

Regulation, Risk & Compliance

QCB in process of issuing security controls applicable to fintechs

March 9, 2021

The Qatar Central Bank  is in the process of issuing information security controls that will be applicable to all the…

Read More

New Investment Products & Services

MID Bank launches new brand in Egyptian market

March 9, 2021

ID Bank has launched its new brand in the Egyptian market under the slogan “Empowering Your Future”.   Chairperson and…

Read More

FinTech

UAE-based neobank YAP debuts country's first independent digital banking platform

March 9, 2021

Dubai-based fintech YAP has launched the first independent digital banking platform in the UAE.   YAP does not have a…

Read More

Awards and Recognition

Al Salam Bank Bahrain wins JP Morgan quality award 2020

March 9, 2021

Al Salam Bank – Bahrain (Al Salam Bank) said it has been awarded the JP Morgan 2020 STP Recognition Award…

Read More

FinTech

Suez Canal Bank selects Temenos core package

March 9, 2021

Temenos has announced Suez Canal Bank has selected Temenos Infinity to transform the digital customer experience for its retail and…

Read More

Comment & Analysis

Top 10 UAE banks’ profits shrunk 40% in 2020: A&M

March 9, 2021

The aggregate net profit of the top 10 UAE banks declined by 38.3 per cent year on year in 2020,…

Read More