UAE banks do not require more stimulus from central bank, Al Ghurair says
Banks in the UAE do not need more stimulus from the central bank to deal with the coronavirus impact, although…
Retail Banking
8799 articles found
Burgan Bank holds its 54th Annual General Assembly meeting
Burgan Bank held its 54th Ordinary Annual General Assembly meeting on Sunday 12 April 2020 at the KIPCO Tower, with…
UAE’s Emirates NBD launches contactless export trade collections service
UAE’s lender Emirates NBD has introduced smartCollections, a digital feature facilitating the complete contactless processing of export collections, it announced…
QNB posts QR3.6bn net profit in first quarter
QNB Group has posted a net profit of QR3.6bn in the three months up to March, unchanged from the March…
Qatar- Commercial Bank launches products for digital payments and remittance
Commercial Bank announced yesterday the launch of two new innovative products that provide digital payment and remittance solutions for all…
Kuwait Finance House postpones AUB deal process until December
Kuwait Finance House has agreed to postpone finalising its acquisition of Bahrain's Ahli United Bank until December due to the…
UAE’s banking sector is resilient to overcome COVID-19 impact: Mashreq CEO
The UAE’s banking sector is fully prepared to deal with the unprecedented situation resulting from the outbreak of coronavirus (COVID-19),…
COVID-19 poses huge risks to global remittances
The amount of money migrant workers send to their home countries usually holds up well in a crisis. Not this…
NBE’s profit rise end-June 2019
The bank’s financial position also rose to EGP 1.6 trillion at the end of last June, compared to EGP 1.5…
Lebanon Draft Crisis Plan Sees Need for $10 bln-$15 bln and Depositor Contribution
Lebanon requires net external financing of $10 billion-$15 billion over the next five years to help it through its financial…
COVID-19: Economies need to be free of 'fear pandemic'
No business is ever set up to fail. No business can survive a government fiat that mandates the entire sector…
Lloyd's appoints new Middle East and Turkey regional representative
Lloyd’s has appointed Andrew Woodward as the Lloyd’s Regional Representative for Middle East and Turkey effective from 01 April. …