Qatar bank lending growth accelerates in June
Annual growth in Qatar's bank lending accelerated in June, central bank data showed on Sunday. QATAR MONEY SUPPLY END-JUNE…
Retail Banking
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UAE's First Abu Dhabi Bank posts Q2 net profit of 2.56 bln dirhams
First Abu Dhabi Bank , created by a merger of National Bank of Abu Dhabi and First Gulf Bank on…
BankDhofar launches Mobile Wallet with high-level security features
As part of its endeavour to support the Central Bank of Oman’s (CBO) initiatives to add to the convenience of…
Saudi's Alawwal Bank reports 40 pct drop in quarterly profit
Alawwal Bank, Saudi Arabia's oldest bank, reported a 40 percent fall in second-quarter net profit on Thursday as impairment charges…
NCB’s net income up 1% in H1
The National Commercial Bank announced that net income for the first half 2017 reached SR5,120 million compared to SR5,068 million…
Qatar National Bank unveil its operations in India
Qatar National Bank Group, the leading financial institution in the Middle East and Africa region has commenced its operations in…
Bank interest rates in Oman increase amid tight liquidity situation
Bank interest rates in Oman have increased in view of the tight liquidity situation and increased competition among banks for…
DIFC a hit with Chinese, Indian financial firms
A number of leading Chinese and Indian banks are in the process of obtaining Category 1 banking licences in the…
Saudi bank SABB says Q2 net profit falls 1.9 pct on bad debt charges
Saudi British Bank , the kingdom's sixth-largest bank by assets, posted a 1.9 percent drop in its second-quarter net profit…
Saudi Arabian Monetary Agency says foreign assets close to SAR 2 trillion
Foreign assets of the Saudi Arabian Monetary Agency and the commercial Saudi banks reached SR1.996 trillion by the end of…
Saudi's NCB Q2 net profit flat, operating income down
Saudi Arabia's National Commercial Bank, the kingdom's largest lender, reported a 0.9 percent dip in second-quarter net profit on Sunday…
Emirates NBD debuts FaceBanking on online banking platform
Emirates NBD has launched FaceBanking, a first-to-market service that will offer the bank’s customers instant video and live chat with…