Loans get cheaper in UAE
The Central Bank of the UAE on Wednesday said that it was cutting interest rates applied on the issuance of…
Retail Banking
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QDB total assets rise to QR11bn in 2018 on credit growth: Qatar Central Bank
Driven by a growth in credit facilities, State-owned Qatar Development Bank’s total assets exceeded QR11bn last year compared to QR10.2bn…
Dubai's biggest bank completes deal to buy Turkey's DenizBank
Emirates NBD Bank and Sberbank of Russia announced on Wednesday the completion of a deal that sees Dubai's biggest lender…
QIB takes top spot at Global Finance ‘World’s Best Consumer Digital Banks’ awards
Qatar Islamic Bank took centre stage at the ‘Global Finance Magazine Awards for the Best Consumer Digital Banks in the…
UAB sees 68% plunge in profits as revenues fall
United Arab Bank reported on Wednesday a 68 per cent plunge in its net profit for the second quarter of…
Doha Bank receives ‘Best Customer Service’ award
Doha Bank was conferred the ‘Best Customer Service and Alternative Banking Channels’ award at the Arab Banks Awards and Commendations…
Saudi banks’ investments in government bonds rise 23.7% in H1
Saudi banks increased their government bond holdings by 23.68%, or SAR 67.33 billion, year-on-year during the first six months of…
Riyad Bank reports 78% rise in second-quarter profit as impairments drop
Saudi Arabia’s Riyad Bank, which is in talks to merge with National Commercial Bank, posted a 78 per cent year-on-year…
Saudi NCB posts 24% rise in quarterly profit
National Commercial Bank , Saudi Arabia’s biggest lender, posted a 24% rise in second-quarter profit on Wednesday, helped by higher…
NBB launches new digital services
National Bank of Bahrain, in line with its ongoing journey of transformation, announced new and digital services to continue enhancing…
Standard Chartered launches a Rewards Campaign exclusively for its Standard Chartered credit card holders
Standard Chartered has rolled out its summer campaign which will entitle its credit card customers to earn more rewards while…
Access Bank, DIFC woo firms for offshore business
Access Bank Plc is partnering with the Dubai International Financial Centre to attract large corporate firms looking to setting up…