Retail Banking

FinTech

Fiorano drives digitalization at Credit Agricole with flexcube core banking system integration

March 12, 2020

Fiorano Software has announced that Crédit Agricole, Egypt has implemented the Fiorano Hybrid Integration Platform to reduce time and cost…

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Retail Banking

ADCB's new platform aims to help businesses expand worldwide

March 11, 2020

Abu Dhabi Commercial Bank has unveiled its Trade Booster platform that helps identify businesses looking to trade goods internationally.  …

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Regulation, Risk & Compliance

Lebanon banks agree to ease some curbs on cash-starved depositors

March 11, 2020

Lebanese banks Tuesday agreed to lift certain restrictions imposed last year to stem a crippling liquidity crisis, the National News…

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Regulation, Risk & Compliance

Emirates NBD approves cash dividend of 40%

March 11, 2020

Emirates NBD recently held its 13th general assembly meeting at the bank's headquarters, where a review of the year ended…

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FinTech

ADCB launches digital platform to help UAE businesses

March 11, 2020

Abu Dhabi Commercial Bank has launched the ADCB Trade Booster platform, a digital platform for fourteen partner banks that make…

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Financial Results

Bahrain: NBK-Bahrain reports net profits of BHD 93.5 million (KD 74.9 million) for 2017, up 27% y-o-y

March 11, 2020

National Bank of Kuwait-Bahrain has reported net profits of BHD 93.5 million(KD 74.9 million) for the year 2017 compared with…

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Comment & Analysis

Banks see no reason to delay repayment of citizens’ loans

March 11, 2020

According to Kuwaiti banks, there is no need to postpone the due installments from Kuwaiti debtors, reports Al-Rai daily quoting…

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Comment & Analysis

Tunisia cuts 2020 growth forecast, seeks new IMF deal

March 10, 2020

Tunisia will seek a new loan deal with the International Monetary Fund, its prime minister said on Sunday, after slashing…

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Awards and Recognition

Ahli United Bank introduces lending product for SMEs

March 10, 2020

 Ahli United Bank has launched an innovative lending product based on point of sale  receivables to support Small and Medium…

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Comment & Analysis

Saudi banks’ net foreign assets down 51% in January

March 10, 2020

Net foreign assets held by Saudi banks declined by 51% year-on-year (YoY) in January for the third month in a…

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Mergers & Acquisitions

Saudi's Petrochem signs $800mln financing deal with Samba, Riyad Bank

March 10, 2020

Saudi Polymer Company has signed a 3 billion Saudi riyals ($799.3 million) credit facility with Samba Financial Group and Riyad…

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Regulation, Risk & Compliance

Central Bank of Bahrain bans freezing of accounts after job loss

March 10, 2020

The Central Bank of Bahrain has banned retail banks from blocking accounts of customers who have either lost their employment…

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