UAE central bank survey shows modest growth in credit appetite
Demand for business credit and personal loans in the United Arab Emirates increased modestly in the January-March quarter because of…
Retail Banking
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Turkey Plans to Let Banks Securitize Loans to Spur Growth
Turkey is working on legislation to allow commercial lenders to securitize and sell all of their $515 billion of outstanding…
Dubai’s Largest Bank Will See Customer Cheques on a Blockchain This Year
UAE retail banking giant Emirates NBD will introduce blockchain technology into cheques to minimize fraud and strengthen their authenticity. …
ICD, Türkiye Wealth Fund and Catalyst Group cooperate to develop mortgage sector of Turkey
Türkiye Wealth Fund, The Islamic Corporation for the Development of the Private Sector, the private sector arm of IDB Group,…
Abu Dhabi Commercial Bank Q1 profit up 8%
Abu Dhabi Commercial Bank on Sunday posted an 8 per cent rise in first-quarter profit, slightly above analysts’ forecasts, helped…
Al Emadi receives Leadership Vision 2017 award
Finance Minister H E Ali Shareef Al Emadi has received the Leadership Vision Award 2017, during the official opening of…
RAKBANK Partners with C3 to launch a Prepaid Payroll Card
The partnership allows UAE-based companies to provide immediate salary transfers to their blue-collared workers on the C3 prepaid payroll card. …
Barwa Bank launches ‘charity’ credit card
Barwa Bank, in association with Qatar Charity, yesterday launched a new credit card as part of its corporate social responsibility…
ENBD partners with Yes Bank for NRI credit facilities
Emirates NBD, a leading banking group in the region, announced a partnership with Yes Bank. India’s fifth largest private…
National Bank of Kuwait to issue senior unsecured dollar bond
National Bank of Kuwait, the Gulf state's largest commercial lender, is expected to issue a senior unsecured dollar bond over…
Egypt- 10 million customers in the region to use One Global's services by 2020
Mohamed Al-Rashidi, executive chairperson of One Global, said that 'the company currently has 70,000 customers in the local market. …
Family Bank role in supporting community emphasized
Minister of Labour and Social Development, Chairman of Family Bank, Jameel bin Mohammed Ali Humaidan, has chaired the Family Bank's…