Commercial Bank Board and staff show support for Emir
In a show of support and solidarity with Emir H H Sheikh Tamim bin Hamad Al Thani and the people…
Retail Banking
8821 articles found
Major mergers and consolidation still elusive for Gulf banking sector
Big-ticket consolidation activity remains elusive for the Gulf banking sector despite this year’s merger of the UAE’s two biggest banks,…
Commercial Bank of Dubai’s ratings affirmed with a ‘Stable’ Outlook
The Bank’s good capital adequacy, liquidity and profitability parameters, as well as improving loan-loss reserve coverage are major factors supporting…
Qatar National Bank profit rises on loan growth
Qatar National Bank QNBK the country's largest bank, on Tuesday said a rise in lending helped fuel a 7% increase…
As crisis lingers QNB reports 3.6 per cent rise in second-quarter profit
Qatar National Bank, the country's largest lender, reported a 3.6 per cent rise in second quarter net profits yesterday, in…
Oman Arab Bank selects Finastra
Oman Arab Bank has committed to deploy FusionBanking Essence from Finastra in each of its 65 branches and representative offices…
Qatar’s financial system reels under impact of economic sanctions
More than a month into economic and diplomatic sanctions imposed by its neighbouring countries, Qatar’s financial system is showing signs…
Cityland Group secures $142m loan for Dubai mall
$330m Cityland Mall project gets financial backing from consortium of banks led by Emirates NBD. Cityland Group, the UAE-based…
Contraction in Saudi growth seen slowing pace fiscal reforms
Slowing economic growth in Saudi Arabia is expected to challenge the pace of fiscal reforms as the real GDP of…
Banking shares fall in Gulf markets
Gulf stock markets were mixed on Thursday, with banks in the UAE and Kuwait generally weak despite a strong performance…
Egypt borrows $200m from Afreximbank
Banque Misr, Egypt’s second largest state-run bank, signed yesterday a $200 million loan agreement with the African Export- Import Bank…
GIB Granted Retail Banking Licence in Bahrain
Gulf International Bank is pleased to announce that it has been granted a conventional retail banking licence in the Kingdom…