Retail Banking

Regulation, Risk & Compliance

Bahrain's Gulf International Bank requests proposals for dollar bond issue -sources

November 15, 2016

Gulf International Bank has asked banks to submit proposals to arrange a potential U.S. dollar denominated bond issue, banking sources…

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Financial Results

ENBD expects retail lending growth to fall to around 5 pct in 2017

November 14, 2016

Emirates NBD, Dubai's largest bank, expects loan growth within its retail business to halve next year to around 5 percent…

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Regulation, Risk & Compliance

MENA Financial Crime Compliance Group launches

November 14, 2016

After months of preparation, the first meeting of the MENA Financial Crime Compliance Group took place in Bahrain, on the…

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Awards and Recognition

Bank Sohar bags Worldcob award

November 10, 2016

For a third consecutive year, Bank Sohar has been recognized and awarded by Texas, US-based World Confederation of Businesses (Worldcob). …

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Comment & Analysis

Israel’s Bank Leumi to Launch Digital Bank ‘Pepper’ Next Month

November 10, 2016

For all the talk of banks going digital, few major brands have launched digital offshoots — in the U.S., that…

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FinTech

Oman's Bank Dhofar launches biometric app

November 10, 2016

Omani bank Bank Dhofar has introduced a mobile banking app which can be used for biometric logins with both Android…

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Financial Results

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

November 10, 2016

Ahli United Bank B.S.C. reported a net profit attributable to its equity shareholders of US$ 442.1 million for the nine…

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Financial Results

Ithmaar 9-month profit rises to $16.7m

November 10, 2016

Ithmaar Bank, a Bahrain-based Islamic retail bank, has reported a net profit of $16.73 million for the nine-month period ended…

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Financial Results

ABK posts KD 65.6 mln operating profit for Q3 – Total assets reach KD 4.4 bln, up 15.8%; EPS 12 fils

November 9, 2016

Al Ahli Bank of Kuwait today announced an Operating Profit of KD 65.6 million for the third quarter of 2016,…

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Hedge Funds & Alternative Investments

China's CCB lists on Nasdaq Dubai sighting Mideast expansion

November 9, 2016

China Construction Bank marked here Tuesday the listing of a 600-million-dollar bond on the Middle East's only international exchange Nasdaq…

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Insurance

QNB and MetLife reveal Bancassurance products

November 9, 2016

QNB recently held an event at the Doha Marriott Hotel to introduce its clients to its Bancassurance products and services…

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Financial Results

China Construction Bank lists $600 million bond on Nasdaq Dubai

November 9, 2016

Yuan Shengrui, Senior Executive Officer of the DIFC branch of China Construction Bank, CCB, today rang the market opening bell…

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