Kuveyt Turk subsidiary opens for Islamic business in Frankfurt
Kuveyt Türk opened a representative office in Germany back in 2004 and received a partial banking licence in 2010. The…
Retail Banking
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Rise in commissions and fees boost Abu Dhabi Islamic Bank profit
Abu Dhabi Islamic Bank, the biggest Sharia-compliant lender in the emirate, posted a 10.5 per cent increase in second-quarter net…
Shari Arison says might cut her 20% stake in Bank Hapoalim
Businesswoman Shari Arison says her Shari Arison Holdings is considering selling most of its 20% stake in Bank Hapoalim, the…
MEAB strives to become an Alpha Bank in Lebanon.
On Monday, 15 June 2015, Mr. Ali Hejeij was selected as MEAB’s new Chairman of the Board of Directors. He…
Kuwait’s Burgan Bank Q2 net profit rises 23 pct
Burgan Bank, Kuwait’s third-largest lender by assets, reported a 23 percent rise in second-quarter net profit on Tuesday, beating analyst…
Burgan Bank wins four awards
From left- Venkat Menon – Burgan Bank Chief Retail Banking officer, Swapnil Desai- Burgan Bank Head of Cash management ,Fahad…
Abu Dhabi Commercial Q2 profit up 21pc
Abu Dhabi Commercial Bank on Tuesday posted a 21 per cent rise in second-quarter net profit, slightly beating analysts' forecasts.…
QCB loan-deposit cap set to weigh on bank lending
With the Qatar Central Bank stipulating banks to set the loan-to-deposit ratio to 100%, starting from 2017, the sector may…
Burgan Bank Group announces H1 2015 results
Burgan Bank Group announced today its first half results for the financial year 2015. Burgan Bank Group reported net income…
KFH Receives Prestigious Citi Performance Excellence Award
Kuwait Finance House has been awarded the prestigious Citi Performance Excellence Award for leadership and excellence in global electronic payments.…
Almost all UAE banks now using new credit bureau
Almost all banks are now using data from the United Arab Emirates' new credit bureau, its CEO says, a development…
BBK’s net profit rises 8.2pc to $78 million
Bank of Bahrain and Kuwait has reported a growth of 8.2 per cent in net profit at BD29.4 million $78…