Biggest Qatar Bank Is Said Weighing Funding Option Amid GCC Spat
Qatar National Bank QPSC is considering options to raise financing as an ongoing standoff with its Gulf neighbors threatens to…
Retail Banking
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Saudi's Samba Q2 profit down 3.3 percent
Samba Financial Group , Saudi Arabia's third-largest bank by assets, reported a 3.3 percent drop in second-quarter net profit on…
Qatari bank mulls fresh fundraising
Qatar National Bank is considering options to raise financing as an ongoing standoff with Gulf neighbours threatens to weaken liquidity…
NBK-Bahrain reports net profits of $122m for H1
National Bank of Kuwait-Bahrain, the branch of NBK Group in Bahrain, reported net profits of $122 million (BHD 46.067 million)…
StanChart CEO says Gulf rift puts Dubai finance hub at risk
The boss of Standard Chartered has warned that Dubai risks damaging its status as a financial centre as a result…
Bank Sohar names new head of retail banking
Bank Sohar has appointed Rajeev Arora as its new deputy general manager (DGM) and head of retail banking. The…
Qatar's Doha Bank seeking to reduce UAE loan book -sources
A unit of Qatar's Doha Bank is seeking to sell some of its assets in the United Arab Emirates to…
UAE banking customers prefer mobile apps over call centres
UAE banking customers prefer making transactions via mobile banking channels rather than dealing with an adviser by phone, a new…
Doha Bank to open branch in Singapore
Doha Bank, one of the leading lenders in Qatar, has announced its decision to launch a full-fledged banking operation in…
StanChart bullish on UAE despite slowing economy
Standard Chartered, the emerging market specialist bank, said the UAE is among the top markets for the financial institution despite…
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…
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…