Turkey’s banking watchdog slashes limits on banks' FX transactions
Turkey’s banking watchdog said Sunday it was slashing the limit for banks’ foreign-exchange swap, forward and option transactions with foreign…
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Qatar National Bank awarded for use of iris
Qatar National Bank has been recognised for having the “Best Biometrics Initiative, Application or Program in Qatar” for its use…
UAE central bank urges commercial lenders to use stimulus scheme
The United Arab Emirates central bank has urged commercial lenders to use the $70 billion-worth of capital and liquidity measures…
Egypt postpones Banque du Caire stake sale due to coronavirus: chairman
Egypt has postponed its plans to sell a minority stake in state-owned Banque du Caire in an initial public offering …
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…
Jordan's banks to cut rates by 1.5% to spur economy hard hit by COVID-19
Jordan's responded to central bank calls to cut interest rates charged to small and medium sized firms and individuals feeling…
QNB Alahli Egypt posts net profit in Q1
Qatari National Alahli registered an annual decline in its consolidated net profit during the first quarter ended March 31st, according…
QIB receives three major awards from Global Finance
QIB has been named ‘Best Islamic Bank in Middle East’, ‘Best Islamic Bank in Qatar’ and ‘World’s Best Islamic SME…
Misr Life Insurance’s “Maash Bokra” Pension Policy Is Now Available Exclusively To Clients Of NBE
The “Maash Bokra” pension policy, a unique policy that is now available in 40 branches of the National Bank of…
Bahrain’s Al-Salam Bank appoints new chairman
Al-Salam Bank-Bahrain has announced the appointment of Sheikh Khalid bin Mustahail Al-Mashani as the chairman of the board of directors,…
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…
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…