Lebanese banking sector has a low level of vulnerability
Fitch Ratings placed Lebanon’s banking sector among 81 banking systems with a “low level of potential vulnerability” coming in the…
Retail Banking
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Al Baraka Banking Group net profit hits $69m in Q1
The Bahrain based leading Islamic banking group, Al Baraka Banking Group B.S.C (ABG) announced a net profit of US$ 69…
BLME Holdings appointment new CEO
BLME Holdings has announced the appointment of Michael Williams as interim CEO of BLME Holdings plc and of its main…
Gulf Bank wins two awards for Second Consecutive Year
Gulf Bank announced has announced that it has been awarded the 'Best Retail Bank in Kuwait' and the 'Best…
Bank Albilad expects 20 profit growth in 2015
Saudi Arabia's Bank Albilad is targeting 20 percent earnings growth in 2015 and double-digit profit increases in coming years as…
CEO of Saudi's Al Rajhi Bank resigns
Al Rajhi Bank , Saudi Arabia's second largest bank by assets, said on Sunday that Suleiman bin Abdul Aziz al-Zabin…
Ithmaar Bank reports profit for the First Quarter of 2015
Ithmaar Bank has reported a net profit of US$7.62 million for the first quarter of 2015, a 261 percent increase…
Al Masraf Bank wins prestigious Straight Through Processing Award
Al Masraf Bank,has been named as the winner of this year's Straight Through Processing Excellence. The award reflects the…
Ithmaar Bank reports profit for the First Quarter of 2015
Ithmaar Bank , a Bahrain-based Islamic retail bank, reported today a net profit of US$7.62 million for the first quarter…
Al Yusr Islamic opens branch in Nizwa
To reach out to the largest number of customers in the Sultanate, Al Yusr Islamic Banking of Oman Arab Bank,…
Israeli group plans to sell stakes in Turkish bank
Israel’s Hapoalim Investment has plans to sell a majority stake in Turkish BankPozitif, amid political coolness between Israel and Turkey,…
Fiorano 'Out Of The Box' Integration Streamlines Core Banking at Large UAE Bank, Achieving 70% Productivity Gains
Fiorano Software, a leader in enterprise integration and messaging middleware solutions, today announced that the Fiorano Platform has been deployed…