Retail Banking Archives - Page 324 of 736 - Managers of Wealth Middle East

UAE’s Emirates NBD launches contactless export trade collections service

April 13, 2020

UAE’s lender Emirates NBD has introduced smartCollections, a digital feature facilitating the complete contactless processing of export collections, it announced…

Financial Results

QNB posts QR3.6bn net profit in first quarter

April 13, 2020

QNB Group has posted a net profit of QR3.6bn in the three months up to March, unchanged from the March…

FinTech

Qatar- Commercial Bank launches products for digital payments and remittance

April 13, 2020

Commercial Bank announced yesterday the launch of two new innovative products that provide digital payment and remittance solutions for all…

Islamic Finance

Kuwait Finance House postpones AUB deal process until December

April 13, 2020

Kuwait Finance House has agreed to postpone finalising its acquisition of Bahrain's Ahli United Bank until December due to the…

Comment & Analysis

UAE’s banking sector is resilient to overcome COVID-19 impact: Mashreq CEO

April 9, 2020

The UAE’s banking sector is fully prepared to deal with the unprecedented situation resulting from the outbreak of coronavirus (COVID-19),…

Coronavirus

COVID-19 poses huge risks to global remittances

April 9, 2020

The amount of money migrant workers send to their home countries usually holds up well in a crisis. Not this…

Comment & Analysis

NBE’s profit rise end-June 2019

April 9, 2020

The bank’s financial position also rose to EGP 1.6 trillion at the end of last June, compared to EGP 1.5…

Regulation, Risk & Compliance

Lebanon Draft Crisis Plan Sees Need for $10 bln-$15 bln and Depositor Contribution

April 9, 2020

Lebanon requires net external financing of $10 billion-$15 billion over the next five years to help it through its financial…

Coronavirus

COVID-19: Economies need to be free of 'fear pandemic'

April 9, 2020

No business is ever set up to fail. No business can survive a government fiat that mandates the entire sector…

Executive Moves

Lloyd's appoints new Middle East and Turkey regional representative

April 9, 2020

Lloyd’s has appointed Andrew Woodward as the Lloyd’s Regional Representative for Middle East and Turkey effective from 01 April. …

Comment & Analysis

Kuwait's ABK reveals $26mln exposure to NMC Health

April 8, 2020

Al Ahli Bank of Kuwait has revealed its exposure to troubled NMC Healthcare Group, a statement on Boursa Kuwait showed.…

Regulation, Risk & Compliance

QFB holds AGM to discuss performance, future initiatives

April 8, 2020

Qatar First Bank held its annual general meeting Tuesday to discuss the bank’s performance and future initiatives after releasing its…

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