Global Banks Rein in Turkey Loans as Erdogan Roils Markets
Global lenders are staying away from Turkish syndicated loans. The number of lenders participating in syndicated-loan offerings has dropped…
Retail Banking
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Commercial Bank of Dubai to Target Tech-Savvy Citizens with Digital-Only Bank
The Commercial Bank of Dubai is getting ready to launch a mobile app-based digital bank for its clients in a…
Gulf Bank appoints new CEO
Gulf Bank has announced the appointment of Mr. Antoine Daher as Chief Executive Officer, effective 1 December 2016, following the…
Fitch says Saudi Islamic lenders face tougher market
Saudi Arabia’s Islamic lenders are likely to face economic headwinds and lower profitability because of the prolonged low oil prices…
Al Salam Bank, Eskan Bank sign deal to offer property financing to projects in Bahrain
Murad said, “As a socially responsible bank, we are pleased to sign this partnership with Eskan Bank that continues to…
Islamic bank Al Rayan forays into Scotland; to add more products
Rayan Bank is expanding its product range and adding an office in Scotland, its top executive said, after a year…
Commercial Bank of Qatar launches 5-year plan to stem losses
Commercial Bank of Qatar will cut its exposure to the property market and lend more to the public sector as…
Doha Bank bags 3 awards
Doha Bank has again bagged top honours at ‘The Banker Middle East Industry Awards 2016’ in three main categories, it…
Emirates NBD announces mePay service upgrade
Emirates NBD has announced an upgrade to its widely used mePay service by enabling cash transfers to recipients who are…
Infosys Finacle partners with Emirates NBD and ICICI Bank to Launch First Blockchain Pilot Network
Emirates NBD is the first in UAE and ICICI Bank is the first bank in India to pilot blockchain-based network…
Youth presents immense growth opportunity for cashless economy
Khalid Elgibali is division president Middle East and North Africa at Mastercard, a leading global payments and technology company. …
Payfort Receives Doha Bank Partners Award
Payfort, the leading online payment service provider in the Arab world, has received the Doha Bank Partners Award in recognition…