Lebanese central bank instructs banks to cap interest rates on deposits
Lebanon’s central bank told commercial banks on Wednesday to cap their interest rates on deposits in foreign currencies at 5%…
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Saudi banks Q3 results boosted by mortgage lending
Saudi Arabia's banks reported a better-than-expected performance for third quarter of 2019 as lending picked up on the back of…
Qatar Development Bank to launch fintech accelerator programme
The Qatar Development Bank yesterday announced it will launch a specialised fintech accelerator programme next year as part of its…
QNB Group receives prestigious ‘Bank of the Year 2019’ awards
QNB Group, made a significant achievement with the reception of ‘’Bank of the Year in Qatar‘’, ‘’Bank of the Year…
QIB enhances its corporate Internet banking capabilities
As part of its strategy to continuously enhance its digital platforms, Qatar Islamic Bank has recently updated its Corporate Internet…
QIB upgrades corporate Internet banking portal with innovative features
Qatar Islamic Bank has updated its corporate Internet banking portal to address and specifically cater to the ever-changing banking needs…
Egypt’s top lender seeks approval to buy Mayfair Bank
Egypt’s largest private lender is planning to buy a controlling stake in Kenya’s Tier III Mayfair Bank in a transaction…
Doha Bank wins Citibank’s ‘US Dollar Payments STP Excellence Award’
Citibank has chosen Doha Bank for “US Dollar Payments Straight Through Processing Excellence Award.” “We are proud to receive…
Saudi British Bank shares ideas on developing trade finance in Saudi
The Saudi British Bank has presented insights about developing trade finance future in Saudi Arabia during the 7th Annual Summit…
NBK Capital: $280 bn total assets of publicly listed Kuwaiti banks
Banks are an integral part of a country’s financial system and macroeconomic structure. They perform critical functions including intermediation and…
Alba refinances $1.5bn Line 6 expansion syndicated loan
Aluminium Bahrain, the world’s largest smelter excluding China, has announced the successful refinancing of its $1.5-billion syndicated loan facility in…
QNB Group receives 'Bank of the Year 2019' awards from Banker
QNB Group has received the "Bank of the Year in Qatar", "Bank of the Year in the Middle East," and…