Banks to see loan surge in Ramadan
Consumer loans will get a big boost during the holy month of Ramadan. Car loans will ride on the wave…
Retail Banking
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Qatar Development Bank signs cooperation MoU with Dubai Exports
In its ongoing efforts to promote Qatari exports, Qatar Development Bank – through the support of its export arm, Tasdeer…
Standard Chartered holds Middle East Summit in the UAE
Standard Chartered hosted its signature Corporate and Institutional Banking Clients’ event - Middle East Summit - at the Mina A’Salam…
Turkish banks debut national payment scheme for consumers
Turkey at the crossroads of Europe and Asia has a banking sector that defies expectations. It has grown at an…
Banks' liquidity conditions easing as deposits grow
Liquidity pressures in Oman's banking system appear to have eased during the first quarter of 2017 after banks recorded a…
Saudi's Alawwal Bank picks JPMorgan to advise on merger -sources
Saudi Arabian lender Alawwal Bank 1040.SE, 40 percent owned by Royal Bank of Scotland , has picked JPMorgan to advise…
Mashreq first bank in ME to join Swift gpi
Swift on Sunday announced that Mashreq Bank has signed up for its global payments innovation service. The Dubai-based lender…
Most Omani Banks Post Better Q1 Performance
Oman’s commercial banks performed well during the first quarter of 2017 despite the difficult economic challenges facing the global banking…
CBI partners with Al Jalila Foundation
Commercial Bank International, a leading bank headquartered in Dubai, UAE has partnered with Al Jalila Foundation, a not-for-profit organisation, to…
Emirates NBD rolls out e-commerce marketplace
Emirates NBD has launched online shopping store, SkyShopper, enabling its credit and debit card customers to buy the likes of…
Israel's Bank Leumi Q1 profit up, pays 1st dividend in 6 years
Bank Leumi, Israel's second-largest lender, reported a 36 percent rise in first-quarter net profit and declared its first dividend in…
FAB Wealth Sentiment Index hits record high
First Abu Dhabi Bank, the UAE’s largest bank, has announced the latest score of its Wealth Sentiment Index (WSI), which…