Retail Banking Archives - Page 394 of 736 - Managers of Wealth Middle East

Incredible Financial Growth of Middle East Consumer Banking Market by 2025

June 20, 2019

Consumer banking, is the typical mass-market banking in which individual customers use local branches of larger commercial banks. Services offered…

Comment & Analysis

KHCB Backs Centenary Of Formal Education Forum

June 20, 2019

As part of its contribution to the Kingdom’s celebrations of 100 years of education in Bahrain, Khaleeji Commercial Bank has…

Comment & Analysis

Revealed: how healthy is the UAE's banking sector?

June 20, 2019

UAE banks are generating healthy earnings despite tougher economic conditions, according to Alvarez & Marsal's latest UAE Banking Pulse for…

Comment & Analysis

UAE banks' net margins hit by higher funding costs

June 20, 2019

Demand for new loans outstripped deposit growth at nine of the 10 listed banks in the United Arab Emirates in…

FinTech

Egypt launches NBK EG Wallet

June 19, 2019

Egypt launched its new “NBK EG Wallet” application, available in both Arabic and English for IOS and Android smart phone…

Comment & Analysis

Moody's warns of 'funding squeeze' in Oman

June 19, 2019

Growth in Oman’s bank deposits is expected to lag in the next 12 to 18 months as lower oil prices…

FinTech

Bank ABC partners with Jumio

June 19, 2019

Jumio has announced a partnership with Bank ABC, the MENA (Middle East and North Africa) region’s leading international bank. …

Regulation, Risk & Compliance

UAE's FAB to close Qatar operations

June 19, 2019

First Abu Dhabi Bank on Wednesday announced that it will close its Qatar operations following baseless allegations by Qatari regulatory…

Financial Results

Saudi banking sector net profit up 11.3pc in 2018

June 19, 2019

Saudi Arabia's banking sector saw positive results in 2018, with an average 11.3 percent growth in net profit, and 2.1…

FinTech

Trade Bank of Iraq and ESDS software solution sign MOU for developing Fintech and a cloud platform

June 19, 2019

Alpen Capital Limited acted as the sole financial advisor for the transaction between the two firms, which aims to establish…

FinTech

Dubai retailer, HSBC complete pioneering blockchain transaction

June 19, 2019

Dubai-based retailer Landmark Group and banking giant HSBC have completed a first-of-its-kind transaction that connected two independently-built blockchain platforms, marking…

Hedge Funds & Alternative Investments

Sharjah Islamic Bank appoints banks for Tier 1 perpetual sukuk

June 19, 2019

Sharjah Islamic Bank has appointed banks to arrange investor meetings ahead of the issuance of a US dollar denominated Islamic…

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