Emirates Development Bank to 'significantly' boost SME lending
Emirates Development Bank could “potentially double” the size of its small- and medium-sized financing portfolio in 2019 and plans to…
Retail Banking
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Fitch affirms Emirates Development Bank’s ratings at AA-
Fitch Ratings has affirmed the rating of the Emirates Development Bank (EDB) at AA- The bank’s support rating (SR)…
Incredible Financial Growth of Middle East Consumer Banking Market by 2025
Consumer banking, is the typical mass-market banking in which individual customers use local branches of larger commercial banks. Services offered…
KHCB Backs Centenary Of Formal Education Forum
As part of its contribution to the Kingdom’s celebrations of 100 years of education in Bahrain, Khaleeji Commercial Bank has…
Revealed: how healthy is the UAE's banking sector?
UAE banks are generating healthy earnings despite tougher economic conditions, according to Alvarez & Marsal's latest UAE Banking Pulse for…
UAE banks' net margins hit by higher funding costs
Demand for new loans outstripped deposit growth at nine of the 10 listed banks in the United Arab Emirates in…
Egypt launches NBK EG Wallet
Egypt launched its new “NBK EG Wallet” application, available in both Arabic and English for IOS and Android smart phone…
Moody's warns of 'funding squeeze' in Oman
Growth in Oman’s bank deposits is expected to lag in the next 12 to 18 months as lower oil prices…
Bank ABC partners with Jumio
Jumio has announced a partnership with Bank ABC, the MENA (Middle East and North Africa) region’s leading international bank. …
UAE's FAB to close Qatar operations
First Abu Dhabi Bank on Wednesday announced that it will close its Qatar operations following baseless allegations by Qatari regulatory…
Saudi banking sector net profit up 11.3pc in 2018
Saudi Arabia's banking sector saw positive results in 2018, with an average 11.3 percent growth in net profit, and 2.1…
Trade Bank of Iraq and ESDS software solution sign MOU for developing Fintech and a cloud platform
Alpen Capital Limited acted as the sole financial advisor for the transaction between the two firms, which aims to establish…