Emirates NBD issues $285 million Formosa bond
Emirates NBD , Dubai's largest bank, has priced on Tuesday a $285 million Formosa bond, sources familiar with the matter…
Retail Banking
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Bank Muscat launches state of art B2B Connect platform for corporates
Bank Muscat, the flagship financial services provider in the sultanate, in line with its ‘Let’s Do More’ vision and commitment…
Doha Bank sees 5%-7% profit growth in 2018 despite standoff
Doha Bank could have a profit growth of between 5% and 7% this year, even as funding costs rise and…
QIIB’s 2017 net profit rises 6% to QR832mn
Achieving “remarkable” growth across various items provided in its budget, leading Islamic bank QIIB posted a net profit of QR832mn…
Qatar National Bank mandates banks for Kangaroo bond
Qatar National Bank, the Gulf’s largest lender, has mandated Australia and New Zealand Banking Group and Bank of America Merrill…
Al Rayan Bank wins ‘Best Islamic Bank in the UK’ honour
Al Rayan Bank (UK), the country’s largest and oldest Islamic retail bank, has had an impressive start to 2018 by…
Doha Bank launches new fixed deposit scheme
Doha Bank continues to build on its reputation for offering the highest rates of return with the launch of a…
NBK reports KD 322 mln in '17
National Bank of Kuwait Monday reported net profits of KD 322.4 million (USD 1.06 billion) for FY 2017, a growth…
Alinma Bank unveils E-Payment Gateway service
Saudi Arabian lender Alinma Bank has introduced the E-Payment Gateway service to offer a streamlined e-commerce payment platform accepting domestic…
CBI appoints head of Retail Banking
Commercial Bank International (CBI), a UAE bank headquartered in Dubai, has announced the appointment of Shaker Zainal as the head…
Qatar Islamic Bank Q4 net profit up 14.6 pct, meets forecasts
Qatar Islamic Bank, the Gulf state’s largest sharia-compliant lender by assets, reported a 14.6 percent rise in fourth-quarter net profit,…
QNB plans expansion after absorbing blockade shock
QNB has absorbed the shock of last year’s Saudi Arabia-led blockade on Qatar and plans to push ahead with its…