Iran's financial regulator plans mortgage-backed securities market
Iran's capital market regulator wants to develop a market for mortgage-backed securities (MBS) and has published rules covering them, the…
Retail Banking
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UAE’s biggest bank says still hiring despite oil slide
National Bank of Abu Dhabi PJSC (NBAD), the United Arab Emirates’ largest bank, said it plans to continue hiring, even…
QIB Wins Three Awards
Qatar Islamic Bank, Qatar's leading Islamic Bank, has been recognized by the London-based International Finance Magazine (IFM) with three awards:…
Qatar's Masraf Al Rayan Q4 net profit dips 3 pct – Reuters calculation
Masraf Al Rayan, Qatar's second-largest bank by market value, reported a 3 percent fall in fourth-quarter net profit on Monday,…
Saudi's Alinma Bank posts 16.3 pct rise in Q4 profit, beats estimates
Saudi Arabia's Alinma Bank reported a 16.3 percent hike in fourth-quarter net profit on Monday, beating the average forecast of…
HSBC said to review operations in Lebanon amid cost-saving push
HSBC Holdings Plc is reviewing its operations in Lebanon and may exit the Middle Eastern country as the bank focuses…
Saudi Hollandi Bank achieves record profits for 2015
Saudi Hollandi Bank has announced record annual profits for 2015, exceeding two billion Riyals for the first time in its…
Emirates NBD Q4 net profit rises 74 pct
Emirates NBD , Dubai's largest bank, posted a 74 percent rise in fourth-quarter net profit on Monday. The first…
FGB leads market trend of increasing personalisation in banking
Driven by its research initiatives to identify customer needs, FGB is launching today a new relationship ecosystem 'Accelerator'. This…
UAE's RAKBANK to cut up to 250 jobs as part of review
National Bank of Ras Al Khaimah will cut up to 250 jobs as part of a review of the lender's…
Saudi's National Commercial Bank Q4 net profit rises 16.6 pct
Jan 13 Saudi Arabia's National Commercial Bank, the kingdom's largest bank, reported a 16.6 percent rise in fourth-quarter net profit…
Bank Dhofar Q4 net profit rises 32pc
Oman's Bank Dhofar, the second-largest lender in the sultanate by assets, posted a 32 per cent rise in fourth-quarter net…