Gulf banks could lose access to dollar clearing, UAE c.banker warns
Commercial banks in the Gulf could lose their ability to have dollar trades cleared through the US banking system, increasing…
Retail Banking
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Bahrain's Gulf International Bank requests proposals for dollar bond issue -sources
Gulf International Bank has asked banks to submit proposals to arrange a potential U.S. dollar denominated bond issue, banking sources…
ENBD expects retail lending growth to fall to around 5 pct in 2017
Emirates NBD, Dubai's largest bank, expects loan growth within its retail business to halve next year to around 5 percent…
MENA Financial Crime Compliance Group launches
After months of preparation, the first meeting of the MENA Financial Crime Compliance Group took place in Bahrain, on the…
Bank Sohar bags Worldcob award
For a third consecutive year, Bank Sohar has been recognized and awarded by Texas, US-based World Confederation of Businesses (Worldcob). …
Israel’s Bank Leumi to Launch Digital Bank ‘Pepper’ Next Month
For all the talk of banks going digital, few major brands have launched digital offshoots — in the U.S., that…
Oman's Bank Dhofar launches biometric app
Omani bank Bank Dhofar has introduced a mobile banking app which can be used for biometric logins with both Android…
Ahli united bank B.S.C. Net profit attributable to the equity shareholders surges by 5.5% to US$ 442.1 million for the period ended 30 september 2016
Ahli United Bank B.S.C. reported a net profit attributable to its equity shareholders of US$ 442.1 million for the nine…
Ithmaar 9-month profit rises to $16.7m
Ithmaar Bank, a Bahrain-based Islamic retail bank, has reported a net profit of $16.73 million for the nine-month period ended…
ABK posts KD 65.6 mln operating profit for Q3 – Total assets reach KD 4.4 bln, up 15.8%; EPS 12 fils
Al Ahli Bank of Kuwait today announced an Operating Profit of KD 65.6 million for the third quarter of 2016,…
China's CCB lists on Nasdaq Dubai sighting Mideast expansion
China Construction Bank marked here Tuesday the listing of a 600-million-dollar bond on the Middle East's only international exchange Nasdaq…
QNB and MetLife reveal Bancassurance products
QNB recently held an event at the Doha Marriott Hotel to introduce its clients to its Bancassurance products and services…