ADCB posts Dh5.2b earnings for 2019
Abu Dhabi Commercial Bank on Monday said its net profit hit Dh5.244 billion last year with double-digit annualised return on…
Retail Banking
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Turkish Islamic banking set for fast growth after slow start
Turkey's Islamic banking assets are set to double within 10 years from a low level as government initiatives drive growth…
Emirates NBD Announces Full Year 2019 Results
Net Profit up 44% y-o-y to AED 14.5 billion Total Assets up 37% y-o-y to AED 683 billion Emirates NBD,…
Saudi Al Babtain inks $26.66mln loan deal with SAIB
Al Babtain Power and Telecommunication company has signed a SAR 100 million medium-term credit facility agreement with Saudi Investment Bank…
Gulf Bank management welcomes newest Al-Danah Millionaire
Gulf Bank welcomed Jassem Mohammed Issa Abbas, the 2019 Al-Danah Millionaire, to Gulf Bank’s Head Office. During the visit,…
Haddad expands Middle East role at Citi
Citi has appointed Carmen Haddad as its vice-chair for the Middle East. During her time as country officer of Saudi…
Deutsche Bank doubles down on shadow lender Altico's debt
Deutsche Bank AG and a Singapore-based hedge fund bought more debt of an embattled Indian shadow lender, highlighting the growing…
Doha Bank launches loyalty programme
Doha Bank has announced the launch of its loyalty programme, Doha Bank Entertainer, as part of its 'continuous efforts to…
Ooredoo and National Bank of Oman Pay+ Mobile Wallet is changing the way people pay
Keeping customer lives simple, convenient and more importantly digital, Ooredoo’s Pay+ mobile wallet is continuing to set the standard in…
Higher impairment charges hit UAE banks Emirates NBD and ADCB
Dubai's biggest lender Emirates NBD reported a 15% drop in fourth-quarter earnings on Monday, below analysts' forecasts, on a jump…
Gulf Bank’s 2019 sustainability efforts progress in line with global efforts by the United Nations
Gulf Bank is committed to maintaining a robust sustainability program and plays a vital role in contributing to the markets…
ADIB goes digital at UAE branches as it courts 'savvy' customers
Abu Dhabi Islamic Bank is digitally transforming its branch network in the UAE and investing in new products and services…