Turkey may need to deliver smaller rate hike: Morgan Stanley
Turkey may need to deliver a far smaller interest-rate increase than forecast by some of the biggest global lenders, according…
Retail Banking
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CIB’s financial position unaffected by initial audit report: Chairperson
Sherif Sami, Chairperson of the Commercial International Bank – Egypt, affirmed that the bank’s financial position remained unaffected by the…
Qatar National Bank closes syndication of $3.5 billion loan
Qatar National Bank has closed the syndication for its dual-tranche $3.5 billion senior unsecured term loan, the Gulf’s biggest lender…
Burgan Bank announces Net Profit of KD 32.6 million for the First Nine Months of 2020
Burgan Bank has announced a net profit of KD 32.6 million for the first nine months of 2020, compared to…
Saudi Banks Boost Main Stock Index Amid Recovery Bets: Inside EM
Saudi lenders boosted the main index in Riyadh to the biggest gain in the Middle East amid bets that a…
Yemeni bank reopened after Houthis raid in Sanaa
A major Yemeni bank on Sunday reopened branches across the country, days after shuttering its operations in the wake of…
Saudi Arabia backs Egypt’s digital future, crafts with $6.4m grant
Saudi Arabia has given one of Egypt’s largest banks a $6.4 million grant to finance digital transformation and encourage local…
Kuwait Finance House K S C P : KFH to Launch Opening Bank Account Online for New Customers
Kuwait Finance House (KFH) succeeded in completing all necessary procedures, tests, and required regulatory approvals, in preparation for the launch…
Emirates NBD adjudged Best Retail Bank in the Middle East once more
Emirates NBD, a leading bank in the MENAT (Middle East, North Africa and Turkey) has won top honours for its…
Turkish bank İşbank carries second pilot on cross border trade using blockchain
İşbank and Commerzbank together with their corporate clients have jointly run their second international trade finance pilot transaction based on…
Bank ABC announces its Q3 and nine months 2020 Results
Bank ABC continues to weather the unprecedented market conditions with strong balance sheet, robust underlying business revenues and pre-provision profits…
Safest Islamic Banks In The GCC
Sharia principles have stood the test of time, and while Standard & Poor’s considers Islamic institutions somewhat more vulnerable than…