Bahrain-based Benefit posts $8.8mln net profit
Benefit, the main handler of the country’s electronic fund transfers and ATM transactions, has reported net profit of BD3,327,998 for…
Retail Banking
8799 articles found
Abu Dhabi bank ADCB says no layoffs in 2020 due to Covid-19 impact
Abu Dhabi lender ADCB Group – which includes Al Hilal Bank – has announced that no employee will be made…
Abu Dhabi Islamic Bank's shareholders approve increase in foreign ownership limit
Abu Dhabi Islamic Bank secured shareholders’ approval to raise its foreign ownership limit to 40 per cent, up from the…
Turkey doubles guarantees on loans to spur credit
Turkey is turning on the credit taps, spearheaded by state-owned lenders, to help its economy weather the storm caused by…
Egypt's central bank places limits on cash withdrawals
Egypt's central bank on Sunday said it had instructed banks to put temporary limits on daily withdrawals and deposits amid…
Lebanon to finalise turnaround plan by year-end to mend 'broken' economy, finance minister says
Lebanon’s economic model of a high interest rate regime that attracted billions of dollars in deposits is “broken” and the…
Al Baraka Bank South Africa net income increases by 11% to reach ZAR 73 million in 2019
Al Baraka Bank South Africa has announced recently its financial results for the year 2019. The results revealed that…
BankDhofar contributes OMR 1 Million towards combating COVID-19
Demonstrating solidarity with the national efforts exerted to combat the pandemic of COVID-19, the Board of Directors of BankDhofar announced…
Ajman Bank says it will not lay off any of its employees in 2020
Ajman Bank has announced that there will be no layoffs or job cuts at the bank in 2020. The…
Qatar- QIB launches mPay digital wallet on its award-winning mobile app
QIB is one of the first banks in Qatar to go live with the ‘mPay' digital wallet initiative on its…
The UAE's 2 biggest banks are seeking opportunities abroad — here is why
First Abu Dhabi Bank PJSC and Emirates NBD Bank PJSC, the two biggest banks in the United Arab Emirates, are…
Abu Dhabi banks offer loan and financial relief amid virus outbreak
Abu Dhabi has announced 17 financial relief measures to provide immediate needs of individuals and SMEs and the stimulus package…