OAB merger with Alizz on track
Consolidation in the Omani banking sector is a crucial need of the hour so that the sector could grow and…
Retail Banking
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Turkish companies for first time use central bank’s yuan swap facility to cover import bills
Turkey’s central bank said on June 19 that it had used a Chinese yuan funding facility for the first time…
QIB retains Best Islamic Bank in The Middle East and Qatar position from The Banker Magazine
Qatar Islamic Bank continues to demonstrate its commitment to service excellence and growth by retaining its leading position in the…
Egypt- IDB pre-tax profit increases %3.1 to EGP 391m in 2019
The Industrial Development Bank reported pre-tax profit of about EGP 391m at the end of December 2019, compared to about…
Moody's revises outlook to negative on eight UAE banks
Global ratings agency Moody’s on Friday had changed its outlook to negative from stable for eight UAE banks amid the…
Qatari Islamic lenders outweigh conventional banks in first quarter
GCC Islamic banks continued to outweigh their conventional counterparts in a number of metrics in the first quarter of 2020.…
NBB launches personal loan drive
The National Bank of Bahrain (NBB) has launched a Branch Sales Marathon, where customers can benefit from a limited time…
Dh50 billion: Leading UAE banks fully utilise liquidity relief funds to support customers
The UAE’s banking sector continues to roll out relief measures to individuals and businesses impacted by the COVID-19 outbreak with…
Banking sector to see upward trajectory in H2
The banking sector in the UAE is expected to show economic recovery in the second half of this year, the…
Outlook: Non-performing loans will hinder MENA banks' recovery
COVID-19 has hit economies in the Middle East and North Africa (MENA) hard over the past few months, and although…
Egypt looking to raise over $1bln loan, taps UAE banks – sources
The Egyptian government is looking to raise a loan of more than $1 billion and has tapped lenders in the…
ADCB's digital, agile, and measured vision to graduate SMEs to corporate success
“Our vision is to create a most valuable & resilient banking franchise for SME customers in the UAE”- Bojan Djokovic,…