Retail Banking Archives - Page 289 of 734 - Managers of Wealth Middle East

Israeli AI tech to assist Japan’s largest bank uncover promising Asian startups

August 9, 2020

MUFG Bank, Japan's largest bank, is doubling down on Israeli Artificial Intelligence technology, announcing on Friday a joint $80 million…

Regulation, Risk & Compliance

Porto Group signs joint, several guarantees with Banque Misr

August 7, 2020

Porto Group will provide a joint and several guarantees to Banque Misr to ensure Porto for Tourism Development, according to…

Comment & Analysis

Lebanon Central Bank tells banks to give loans to those affected by Beirut explosion

August 7, 2020

Lebanon Central Bank has told banks and financial institutions to extend exceptional dollar loans at zero interest to individuals and…

Awards and Recognition

Qatar- Commercial Bank wins Banker award for 'Innovation in Digital Banking'

August 7, 2020

Commercial Bank has been awarded The Banker Award for "Innovation in Digital Banking" in the Middle East 2020 in recognition…

Comment & Analysis

Turkish, Asian banks sign $200M loan deal to finance infrastructure firms

August 6, 2020

The Industrial Development Bank of Turkey and the Asian Infrastructure Investment Bank have signed a $200 million loan deal to…

Financial Results

RAKBank reports Dh306m first half 2020 net profits

August 6, 2020

National Bank of Ras Al-Khaimah (RAKBank) on Wednesday reported a consolidated net profit of Dh306.6 million for the first half…

Comment & Analysis

Egypt's local bank deposits increase to EGP 3.268trn in June: CBE

August 5, 2020

The Central Bank of Egypt has reported that local bank deposits increased by about EGP 77.319bn during June 2020, to…

Comment & Analysis

NBK Warns Customers Against the Spread of Coronavirus Related Fraud

August 5, 2020

Al-Mulla: We are constantly communicating with our customers to ensure they are aware of all types of fraud National…

Hedge Funds & Alternative Investments

The move is aimed to limit risks from property slump

August 4, 2020

The central bank issued a notice to lenders “to stop certain unacceptable practices” involving mortgages, which enabled some borrowers to…

Comment & Analysis

Global oil demand outlook is improving but downside risks persist, says NBK

August 4, 2020

With the pandemic raging in large parts of the southern hemisphere and persisting in heavy oil consuming economies in the…

Regulation, Risk & Compliance

Turkish State-Owned Banks On Lending Spree To Stave-Off COVID-19 Crash

August 4, 2020

Still reeling from the aftermath of the currency crisis in summer 2018, Turkish corporations are poorly positioned to weather a…

Comment & Analysis

UAE, Saudi Arabia, Egypt draw $11.2 billion of FDI inflows

August 4, 2020

The UAE, Saudi Arabia and Egypt drew up to 65.4 per cent of the total FDI inflows to the Arab…

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