Al Khaliji profit jumps to QR608mn in 2018
Higher net fee and commission earnings as well as lower operating expenses and impairments helped Al Khaliji report more than…
Retail Banking
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Samba reports jump in yearly earnings, analyst says the bank is" well positioned to benefit from rising interest rates"
Shares in Samba Financial Group rose on Thursday after the bank reported a rise in yearly earnings. Samba’s shares retreated…
Double Win For Trade Bank Of Iraq At The International Finance Awards
Trade Bank of Iraq’s has been recognised for their outstanding performance and service, taking home two awards at the International…
Bank ABC named best trade finance provider in Bahrain
New York-based Global Finance magazine has named Bank ABC as the Best Trade Finance Provider in Bahrain for 2019. Global…
Bahrain's AUB in talks to sell stake in investment firm to Kuwait's Warba Bank
Ahli United Bank, a Bahraini lender, and its unit in Kuwait are in the talks with Warba Bank to sell…
All banks operating in Egyptian market invited to adopt principles of responsible banking
The Sustainable Development Committee of the Federation of Egyptian Banks (FEB) called on all banks operating in the Egyptian market…
JPMorgan close to being hired for Saudi bank merger
National Commercial Bank is close to hiring JPMorgan Chase & Co. to advise on its merger with Riyad Bank that…
Boubyan Bank records net profit for year 2018
Al-Fulaij: 2018 Was An Outstanding Year in terms of Profitability and Growth in all the key Financial Indicators. This Highlights…
Emirates NBD Announces Full Year 2018 Results
Emirates NBD, a leading bank in the region, delivered a record set of results with net profit up 20% year-on-year…
Dubai's Biggest Bank Boosts 2018 Profit 20%, Beats Estimates
Emirates NBD PJSC reported a better-than-expected increase in full-year profit as lending rose and loan loss charges fell at Dubai’s…
Is AI a matter of survival for the modern bank?
Artificial Intelligence or AI is transforming the banking sector by creating more personalized customer experiences, enhancing decision-making, bolstering security and…
Gulf banks' consolidation should boost lenders' profitability, Moody's says
The spate of bank mergers in the Arabian Gulf should reduce overcapacity in the overcrowded sector and boost lenders' profitability…