Banks must wake up to smart phone revolution or risk being left behind – digital fintech expert
Banks must wake up to the way technology affects the daily lives of their customers or risk being left behind…
Retail Banking
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Zain Bahrain signs strategic cooperation agreement with BENEFIT for "Fawateer" service
Zain Bahrain, the most innovative operator in the Kingdom, has signed an agreement with Benefit paving the way for its…
Iran's Bank Mellat to pursue damages against Britain after winning EU ruling
Iran's Bank Mellat will pursue damages against Britain after the European Union's top court on Thursday effectively ruled that the…
Saudi Arabia's NCB to close branches in Lebanon
National Commercial Bank , Saudi Arabia's largest bank, will close its two branches in Lebanon because of low financial returns,…
Healthy market with huge potential
In its latest Top 100 Arab Banks ranking, published last October, The Banker commended the region-leading performance of Egypt’s financial…
Aman Bank goes live with Oracle Flexcube core banking system
Libya-based Aman Bank has gone live on Oracle Flexcube core banking system – with Oracle’s long-standing integrator JMR Infotech carrying…
HSBC to Restructure Turkish Unit after Failed Sale Attempts
HSBC Holdings plc is now planning to restructure its Turkish operations after efforts by the Europe’s largest lender to divest…
Chinese banks play major presence in Dubai int'l financial center: official
The banks from China play major presence and stand for 25 percent of the combined balance sheets of the Middle…
Oman’s bank credit grows 8% to OMR18.3b
Oman’s commercial banks have achieved a robust 8.39 per cent growth in total credit at OMR18.32 billion for 2015, from…
Saudi Ahli Commercial Bank shuts down Beirut operations
The Saudi Ahli Commercial bank has decided to close its branches in Lebanon after years of operation in the country,…
Egyptian banks unconcerned with Africa
Despite Egyptian banks’ dedication to expanding operations in overseas markets, they are still significantly unconcerned with Africa, whether northern or…
Dubai's Mashreq expects wholesale ops to outgrow market in 2016
Mashreq, Dubai's third-biggest bank by assets, expects its wholesale operations to grow 25 to 30 percent above the market in…