Gulf Takeover Binge Has Bahrain Opening Up to More Bank Mergers
Bahrain, once a Gulf finance hub, favors further consolidation among its banks, according to a top official and the head…
Retail Banking
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The impact consolidation will have on Abu Dhabi's banking sector
Planned mergers are set to create a more consolidated and robust banking sector in Abu Dhabi, strengthening its position as…
Finansbank Had Acquired by Qatar National Bank in 2016
Qatar National Bank had agreed to acquire the Turkish unit of National Bank of Greece for a price of 2.75…
Alhamrani Universal & ShoCard Develop Biometric ATM For Saudi Arabian Market
Alhamrani Universal (AU) the largest ATM provider in Saudi Arabia, has announced a partnership with ShoCard, the blockchain-based identity authentication…
Lebanon 2019 bank deposits seen growing a `conservative' $7-$8 bln-banker
Lebanon’s domestic bank deposits are forecast to grow by a “conservative” $7 billion to $8 billion in 2019 compared with…
Omani Bank To Use Ripple’s RippleNet Network For Cross-Border Payments
BankDhofar, has reportedly begun using Ripples technology to facilitate cross-border payments. The bank will use RippleNet to help users…
Eight Kuwaiti banks among top 50 Gulf banks – UAB
Eight Kuwaiti banks maintained their status among the top 50 in GCC banks in 2018, Union of Arab Banks (UAB)…
National Bank of Bahrain expects double-digit loan growth in 2019 – CEO
Majority state-owned National Bank of Bahrain is aiming for double-digit loan growth in areas such as corporate and structured finance…
Stanchart gets Saudi banking license
Standard Chartered has been licensed to launch banking operations in Saudi Arabia, already one of the best performing markets in…
Emirates NDB turns to Intellect Design for transaction banking overhaul
Emirates NBD has announced a planned end-to-end digital transformation of its transaction banking platform, courtesy of Intellect Design Arena’s Intellect…
Pay safer and faster using Riyad Bank cards with Apple Pay
Riyad bank has launched Apple Pay service, which is one of the new digital payment solutions that enables the customers…
Purchase of Leumi Card completed by Warburg Pincus
Warburg Pincus has announced that it has completed the purchase of the credit card company Leumi Card from Bank Leumi…