Qatari banks’ return on common belongings improves in 2019: QCB
Qatari banks’ return on common belongings (RoAA) improved marginally to 1.59% in 2019 from 1.56% in 2018 in tandem with…
Retail Banking
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UAE Cabinet Restructures Emirates Development Bank Board
The UAE Cabinet, chaired by Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has…
Hapoalim and Leumi top execs to visit UAE
A Hapoalim delegation led by CEO Dov Kotler will visit the UAE this week and a Leumi delegation led by…
17 banks in Egypt report total EGP 18.565bn net profits in H1 2020
A total of 17 banks operating in the Egyptian market achieved combined net profits of about EGP 18.656bn in the…
Barwa Bank Group’s net profit rises by 12.5% in second quarter
Barwa Bank Group has reported a net income of QR529m for the second quarter (Q2) of this year ended June…
Turkish banks see 38% rise in net profits at end of June
Turkey’s banking sector registered a net profit of nearly TL 39 billion ($5.6 billion) as of the end of July,…
EDW set to launch digital cash platform in UAE
Emirates Digital Wallet (EDW), a nationwide initiative jointly set up by15 of the UAE’s leading national banks, said that klip,…
Ahli Bank successfully completes new 5-year bond transaction raising $500m
Ahli Bank (Ahlibank), rated A2 by Moody’s and A by Fitch, each with a stable outlook, has completed its fourth…
Ahli Bank successfully completes new 5-year bond transaction raising $500m
Ahli Bank (Ahlibank), rated A2 by Moody’s and A by Fitch, each with a stable outlook, has completed its fourth…
Boubyan Bank launches the first NFC-enabled vertical metal credit card
Once more, and in collaboration with IDEMIA International, Boubyan Bank reconfirms its leadership in innovative digital payment methods by launching…
QNB rolls out ‘Awesome Double Rewards’ offer
QNB Group, the largest financial institution in the Middle East and Africa, has launched an exclusive “Awesome Double Rewards” offer…
Natwest Markets, Banco Santander sell Saudi British Bank shares -term sheet
Natwest Markets and Banco Santander are selling around 25 million shares in Saudi British Bank (SABB), or about 1.25% of…