Banks in Oman back calls for avoiding debt pitfalls
Banks in Oman believe that ease of access to financing and a wider range of options have enhanced the experience…
Retail Banking
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Emirates Islamic launches Easy Card
The card is free for life and will offer customers a welcome bonus of AED 200 and an annual reward…
BankDhofar Launches New Debit Cards with EMV Technology
To further enrich its customers experience, BankDhofar recently adapted the CBO-OmanNET EMV programme to handle chip card transactions, both as…
Barwa Bank profits rise 4pc in first quarter
Barwa Bank’s net profit soared by four percent to reach QR209m for the first quarter of 2015 (Q1, 15), compared…
HSBC Bank Oman agrees to sell Pakistan business to Meezan Bank
HSBC Bank Oman has agreed to sell its banking business in Pakistan to Meezan Bank , a sharia-compliant Pakistani lender,…
Liquidity concerns still remain in GCC banking
Saudi banking sector lending growth is close to three per cent in first four months of 2015 which was mainly…
Ithmaar Bank earns Excellence Award
Ithmaar Bank , a Bahrain-based Islamic retail bank, achieved exceptional operational efficiency in 2014 to earn a prestigious Excellence Award…
UAE bank postpones loan payments during Ramadan
Abu Dhabi Islamic Bank has announced that it will be postponing monthly repayment instalments for personal and auto finance customers…
Egypt's Banque Misr in talks with banks for dollar loan
Banque Misr , Egypt's second-largest state lender, has invited banks to pitch for arranger roles on a potential dollar-denominated syndicated…
Bahrain cbank reviews financial sector skills gap study
A comprehensive skills gap study of the financial services industry in Bahrain has been done by the Human Resources Development…
EFG Hermes is the Only MENA Research House to Rank on Industry-Leading Institutional Investor Ranking for Europe, the Middle East and Africa
EFG Hermes is the only research house in the Arab world to have ranked on Institutional Investor's Europe, Middle East…
Khaleeji Commercial Bank Receives the "Straight Through Processing" Award From Standard Chartered Bank
In recognition of its strong operational efficiencies, Khaleeji Commercial Bank, one of Bahrain's leading Islamic retail banks, was granted the…