COVID-19 poses downside risks to Egyptian banks
Fitch Ratings said that Egyptian banks’ credit profiles could come under pressure in a weaker operating environment and with an…
Retail Banking
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Mashreq strengthens management team with appointment of Group Head of Operations
Mashreq has appointed Mark Edwards as its new Group Head of Operations. With over 25 years of experience, Mark…
Emirates NBD installs thermal scanners in offices
Given the developing situation around the Coronavirus – COVID-19 outbreak, the safety and wellbeing of our customers, our employees and…
OAB launches first-of-its-kind Innovation Lab in Oman
Oman Arab Bank announced the launch of the first-of-its-kind Innovation Lab in the banking sector at a press conference. …
Bank of Bahrain and Kuwait launches bulk deposit machines
BBK has announced the launch of bulk corporate deposit machines that allow corporate clients to deposit up to 230 notes…
Metro Bank hit with fresh lawsuit by Iranian customers
Embattled lender Metro Bank has been hit with a fresh lawsuit by a group of Iranian customers who say their…
The Board of Directors of Abu Dhabi Commercial Bank elect H.E. Khaldoon Al Mubarak as Chairman
The Board of Directors at Abu Dhabi Commercial Bank has elected H.E. Khaldoon Al Mubarak as Chairman and H.E. Hussain…
KFH implements remote working solutions to ensure employee health and safety
In its continued effort to enhance productivity and assure wellness of its employees, Kuwait Finance House has announced that it…
QIB calls on customers to use online platforms for all banking transactions
Taking into consideration the ongoing pandemic, Qatar Islamic Bank has urged customers to bank safely by using its mobile application…
National Bank of Egypt, Banque Misr keep interest rate of 3-year saving certificates unchanged
The National Bank of Egypt and Banque Misr decided on Tuesday to keep the interest rate on their three-year saving…
First Abu Dhabi Bank suspends some services amid coronavirus outbreak
First Abu Dhabi Bank has suspended some banking services at its branches across the UAE – including cash deposits –…
UAE Central Bank cuts interest rates to stem coronavirus impact
The UAE Central Bank cut its interest rates on Monday as part of an emergency response to cushion the economic…