UNB profit decline hits Abu Dhabi bourse
Poor results from Union National Bank weighed on the banking sector, dragging the Abu Dhabi index into negative territory. …
Retail Banking
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SMES need Banks to stop it up
The world’s small- and medium-sized businesses are stressed about managing cash flow, and apparently, their banks aren’t helping enough. …
Turkey’s Halkbank gives up plans for Islamic unit
Halkbank asked the Banking Regulation and Supervision Agency to cancel its previous application to establish a participation bank, the statement…
Qatari bank CBQ profit drops 43 percent
Commercial Bank of Qata, the Gulf Arab state's second-largest lender by assets, reported a 43 percent drop in third-quarter net…
Vast majority of customers in the UAE trust their banks
A recent study commissioned by The UAE Banks Federation, the professional representative body for the UAE’s banks show a vast…
UAE bank ADCB meets estimates with 18.3% Q3 net profit gain
Abu Dhabi Commercial Bank on Sunday posted an 18.3 per cent rise in third-quarter net profit, broadly in line with…
Ahli United Bank (United Kingdom) Appoints New Non-Executive Director
Ahli United Bank (UK) PLC has announced the appointment of David Hodgkinson as Non-Executive Director in replacement of David Casson,…
Citi to set up unit to design mobile banking solution
Citigroup Inc's consumer banking unit said it would set up a unit, Citi FinTech, for designing a "radically simple, connected…
Bank Sohar joins trade team to tap investment in Turkey
Bank Sohar recently joined an exclusive business delegation to Turkey with the aim of strengthening trade and business ties between…
SOFGEN completes T24 upgrade at Banque Zitouna
SOFGEN Holdings Limited, a leading global provider of IT solutions in and around core banking, has announced the successful upgrade…
Emirates NBD introduces ‘InstaLoan’ – region’s first instant paperless loan disbursal via online banking
Emirates NBD, a leading bank in the region, today announced the launch of ‘InstaLoan’, the region’s first completely paperless and…
UAE's combined market cap rises by Dh2.2bn in September
Combined market capitalisation of the UAE bourses increased by $600 million (Dh2.2 billion) to $204.6bn (Dh750.88bn) in September 2015 as…