Alinma Bank Q2 net profit rises 18.5pc
Saudi Arabia's Alinma Bank reported a 18.5 per cent rise in second-quarter net profit on Thursday,beating analysts' forecasts. The…
Retail Banking
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Bank of Tokyo-Mitsubishi UFJ Dubai Branch obtains Islamic Finance license
This approval has enabled its Dubai Branch to offer both conventional and Islamic financial services to customers. This is…
Saudi Hollandi Bank Q2 net profit rises 12.3 pct, beats forecasts
The lender said it made 539.2 million riyals $143.8 million in the three months to June 30 compared to 480.3…
QNB Group: Financial Results for the Six Months Ended 30 June 2015
QNB Group, one of the World’s Strongest Banks and the leading bank in the Middle East and North Africa, announced…
Oman Arab Bank to Transform the ATM Experience with NCR Software
NCR Corporation, the global leader in consumer transaction technologies, announced that Oman Arab Bank – one of Oman’s leading banks,…
New initiative aims to equip women for top banking jobs
A mentorship programme to help Bahraini women take up senior positions in the banking sector is underway. The programme,…
CBI appoints Anil Kumar as Head of Retail Banking
Commercial Bank International has announced the appointment of Anil Kumar as its new Head of Retail Banking. Anil will…
QNB profit jumps 10%
QNB yesterday reported a 10% jump in net profit to QR5.6bn in the first six months of this year on…
UAE banks building provisions to fend off possible bad debts
ADIB's cushion against bad debts is slightly over two per cent of its total loan portfolio, higher than the required…
UAE bank ADIB targets acquisitions in 2016
Abu Dhabi Islamic Bank, which recently failed in its bid for Citigroup’s Egypt retail business, is targeting acquisitions in 2016…
Ibdar bank appoints new Chief Investment Officer
Ibdar Bank, the Bahrain based wholesale Islamic investment bank, today announced that it has appointed Mr. Ahmed Al-Rayes as Chief…
Mobile Money – Banking For The Unbanked
Technology has revolutionized banking. Digital transformationin the banking sector has paved the way for the growth of paperless and cashless…