Qatar central bank raises policy rates, cuts reserve requirement
Qatar's central bank said on Thursday that it raised its overnight lending rate by 25 basis points to 5.0 percent…
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QNB Finansbank first in Turkey to launch digital signatures in branches
Turkey-based QNB Finansbank, a subsidiary of QNB Group and one of the top five privately owned banks in the country,…
Bankdhofar launches Oman's first sme-exclusive credit card
To further enrich the banking experience for its small and medium-sized enterprise customers, BankDhofar recently launched an exclusive credit card…
Qatar First Bank records net loss for FY2016
Despite the write-down of the investment book, the bank’s total assets did not decline and closed at almost QAR 6…
Bahrain’s Khaleeji Commercial Bank to list on DFM
Khaleeji Commercial Bank’s (KHCB) Board, headed by Dr. Ahmed Al Mutawa, Chairman of the Board has approved the inclusion of…
Bank ABC opens a branch in DIFC, Dubai
Bank ABC’s decision to open a branch in the DIFC comes as part of its plan to expand its international…
FGB, NBAD approve 2017 budget for merged entity
The board of directors of the new bank that will result from the merger of National Bank of Abu Dhabi…
Shuaa-GFH merger would create diverse Gulf financial conglomerate
A merger of Dubai's Shuaa Capital and Bahrain's GFH Financial would form a diverse conglomerate with a market capitalisation of…
Burgan Bank celebrates Mother’s Day with its customers
Burgan Banks delighted to announce a special offer aiming to encourage its customers to honor their mothers on their special…
Oman- Commercial banks plan to boost capital
The commercial banks listed on the Muscat Securities Market plan to increase share capitals this year to enhance their financial…
UAE bank sector assets at Dh2.6 trillion, tops in GCC
The UAE's banking sector topped the GCC region in terms of asset volume, with a total value of about $711…
Saudi's Bank AlJazira proposes 30 pct capital increase
Bank AlJazira , one of the kingdom's smaller banks, plans to raise its capital by 30 percent through a bonus…