Bahrain’s banking sector posts 1.8% growth
Bahrain’s banking sector saw positive results in 2019, with an average 1.8 per cent year-on-year real growth in 2019 and…
Retail Banking
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Bank ABC, BFB team up to accelerate growth of fintech ecosystem in Bahrain
Bank ABC and its subsidiaries, ila Bank and AFS, has joined forces with Bahrain Fintech Bay to speed up the…
UAE banks’ profitability witnessed substantial deterioration in Q1: report
Leading global professional services firm Alvarez & Marsal (A&M) released its latest UAE Banking Pulse for Q1 2020 today. The…
Citi defies coronavirus with Western European corporate lending push
Citigroup is looking to ramp up its commercial banking operations across Europe, Middle East and Africa, plugging gaps left by…
StanChart appoints Abbas Hussain as Regional Head of Corporate Finance for Africa and Middle East
Standard Chartered Bank has appointed Abbas Husain as Regional Head of Corporate Finance, Africa and the Middle East (AME). …
KPMG Report Reveals New Age Banking Trends
KPMG recently released its fifth edition of the ‘GCC listed banks’ results’ report, which analyzes the published results of listed…
EBRD TFP Awards recognise successful partner banks from three continents
EBRD recognises special achievements in trade finance by partner banks Banks in 27 countries honoured To date, TFP exceeds €5…
First Abu Dhabi Bank sells $500mln in Formosa bonds
First Abu Dhabi Bank, the United Arab Emirates' largest lender, last month sold $500 million in privately placed 30-year Formosa…
SABB named ‘Best Trade Finance Bank’ in Saudi Arabia
SABB has been named by Global Trade Review (GTR) magazine as the “Best Trade Finance bank in Saudi Arabia” for…
QNB wins ‘Leader in Trade for Qatar’ award
QNB Group, the largest financial institution in the Middle East and Africa, has been named this year’s “Leader in Trade…
First Abu Dhabi Bank sells $500 mln in Formosa bonds
First Abu Dhabi Bank, the United Arab Emirates’ largest lender, last month sold $500 million in privately placed 30-year Formosa…
Saudi wealth fund suspends plans to change $10 bln loan terms – sources
Saudi Arabia’s Public Investment Fund has suspended plans to change some of the terms of a $10 billion loan it…