Turkish banking watchdog certifies Ziraat Bank’s Islamic branch for operations
One of Turkey’s largest state-owned banks, Ziraat Bank, was authorized by the country’s banking regulator to begin operations in its…
Retail Banking
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UGB's Q1 profits fall to $2.1 million
UGB's total income also decreased to $35.2 million, compared to $40.5 million at 31 March 2014. In 1Q14, $9…
Demand to ban conventional banks rejected
MPs demands to ban conventional banks and allow only Islamic banks to operate in Bahrain have been shot down by…
Khaleeji Commercial launches new financing product
Khaleeji Commercial Bank, a leading Islamic retail bank in Bahrain, has launched a new corporate financing product, I'teman Financing. …
UGB announces results for the first quarter of 2015
United Gulf Bank B.S.C. has announced a net profit attributable to shareholders of parent of US$ 2.1 million for the…
Profits '?' Us
Following years of low profitability Lebanese banks are making money again by expanding their reach abroad. The alpha bankers…
Corporates perform in Q1
The first quarter financial results of companies in the major sectors that lead the UAE economy, such as banking and…
BBK announces the launch of its Mortgage Loans Campaign
BBK, Bahrain's pioneer in retail and commercial banking, announces the launch of its new campaign "The Mortgage Loan from BBK!".…
Alubaf registers net profit of $10.86m
Alubaf Arab International Bank has reported a net profit of $10.86 million for the first quarter ended March 31, which…
Bahrain's Ahli United Bank Q1 net profit rises 7.8 pct
Ahli United Bank (AUB), Bahrain's largest lender, posted a 7.8 percent increase in its first-quarter net profit, the bank said…
Rakbank Wins 'Best Digital Bank in the Middle East'
With an exceptional commitment to enhancing customers' experience, RAKBANK was recently named the "Best Digital Bank in the Middle East"…
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…