Gulf banks tighten credit for small firms as cheap oil bites
Banks are tightening lending conditions for small, private companies in the Gulf - a sign that the region's economies are…
Retail Banking
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Standard Chartered to boost retail banking earnings to up to 50% of group’s operating income
Standard Chartered said it would focus on providing more financial services to wealthy individuals in some of the world’s fast-growing…
Islamic banking industry in KSA set to reach $683 billion by 2019
The Islamic banking industry in Saudi Arabia is set to achieve $683 billion of Shariah-compliant assets by 2019, according to…
BankMed profits surge by 4 pct to $133M
BankMed, one of the largest banks in Lebanon, continued to maintain good results last year despite local and regional challenges.…
UAE bank alert on new 'SIM swap' fraud
Banks in the UAE are warning customers about a new “SIM Swap” fraud and are advising them to keep their…
Noor Bank moves to new location in Sharjah
The change will offer a more convenient location with easy access, ample parking and a fresh, exciting look that reflects…
Bank Sohar awarded STP recognition for second year running
The STP award marks the second year in a row that Bank Sohar has received this recognition reflecting the efficiency…
Byblos Bank Posts Healthy Financial Results in the First Quarter of 2015
Byblos Bank maintained a solid financial performance in the first quarter of 2015, posting an increase in its unaudited consolidated…
Banque du Caire targets EGP 2bn increase for retail portfolio by end of 2015: Hussein
Banque du Caire is targeting an increase of partial loans by EGP 2bn by the end of this year, to…
6 banks request Citibank Egypt retail business acquisition
Six banks have requested to acquire Citigroup’s retail business in Egypt, with the Central Bank of Egypt on top of…
ADCB names new head of government clients
Abu Dhabi Commercial Bank (ADCB) has appointed Saoud Mohammed Al Jassem as the new head of Government Clients Division for…
NBE wins best retail banking award
The Asian Banker awarded the National Bank of Egypt with the award for best Egyptian retail bank for the third…