Retail Banking Archives - Page 575 of 736 - Managers of Wealth Middle East

Axis Bank strengthens Remittance offering in GCC, Plans to grow aggressively in fiscal 2016-17

February 18, 2016

Axis Bank, the third largest private sector bank in India, today announced its ambitious plans to further strengthen its Remittance…

Executive Moves

Barclays names Nataf banking head of Eastern Europe, Middle East

February 17, 2016

Barclays Plc has appointed David Nataf as its new banking head for Central and Eastern Europe, the Middle East and…

Regulation, Risk & Compliance

UAE money exchangers raise sector growth worries with central bank

February 17, 2016

Money exchange houses in the United Arab Emirates are holding talks with the central bank about planned new capital requirements,…

Awards and Recognition

Barwa Bank wins ‘Best Retail Bank for 2015’ award from CPI Financial

February 17, 2016

Barwa Bank has celebrated its recognition by CPI Financial as the “Best Retail Bank for 2015” in a ceremony held…

Regulation, Risk & Compliance

Saudi Arabia looks to ease tightening liquidity in banking system

February 16, 2016

Seeking to ease tightening liquidity in the banking system, Saudi Arabia's central bank has raised the ratio of deposits which…

FinTech

UAE banks to use Emirates ID cards to access credit history

February 16, 2016

Lenders will be able to check borrowers’ credit history via their Emirates ID cards, it has been revealed. National…

Financial Results

Faisal Islamic Bank's volume of business surges 7.4% in January

February 16, 2016

Faisal Islamic Bank of Egypt's volume of business has increased by 7.4 percent to register EGP 56.141 billion(US$7billion) at the…

Financial Results

Emirates NBD posts $1.9bn profit for 2015

February 16, 2016

UAE-based Emirates NBD, a leading bank in the region, has posted a net profit of Dh7.1 billion ($1.93 billion) for…

Financial Results

UAE lender ADIB says Q4 profit up 16.6 pct, raises dividend

February 15, 2016

Abu Dhabi Islamic Bank on Sunday posted a 16.6 percent rise in fourth-quarter net profit, and marginally increased its dividend…

Financial Results

Amlak Finance reports Dh139m profit for 2015

February 15, 2016

Amlak Finance has reported a profit of Dh139 million for 2015, compared with a loss of Dh85.5m for the previous…

Awards and Recognition

Gulf Bank named as ‘Best Cash Management Provider in Kuwait’

February 15, 2016

Gulf Bank has announced that it has been named ‘Best Cash Management Provider in Kuwait’ by Global Finance magazine. …

Financial Results

Bank ABC Announces 2015 Net Profit of US$180 Million

February 15, 2016

Bank ABC Arab Banking Corporation B.S.C. today announced that its consolidated Group net profit…

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