Mashreq Bank expands in Egyptian retail banking market
As part of the bank’s expansion plans, Mashreq Bank plans to increase staff amongst other initiatives to amplify the bank’s…
Retail Banking
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Oman’s United Finance Gets Acquisition Proposal From National Bank Of Oman
National Bank of Oman has offered to buy fellow domestic lender United Finance Co , challenging a potential merger with…
Bank of Baroda: Banking Beyond Boundaries
What are your core areas of expertise and your main offerings? Bank of Baroda started its operation in the…
Doha Bank launches operations in India
Doha Bank on Wednesday launched its India operations with the inauguration of its full-fledged branch at Nariman Point here and…
National Bank of Oman eyes finance firm acquisition
Oman's United Finance has received an acquisition proposal from National Bank of Oman, it said on Thursday. The proposal will…
Arab Banking Corp Q1 profit hits $52m
Bahrain-based Arab Banking Corporation (ABC) announced today (April 30) that its consolidated Group net profit for the first quarter (Q1)…
Low-Yield Savings Accounts Boost UAE Banks
For banks in the United Arab Emirates, it’s a good thing so many customers have little choice but to park…
Bahrain central bank puts Iran-linked bank, insurer into administration
Bahrain's central bank said on Thursday it had placed two Iran-linked companies, Future Bank and Iran Insurance Co, into administration…
Jordan's Housing Bank Q1 net profit almost flat at $44 mln
Jordan's Housing Bank for Trade and Finance reported first-quarter net profit of 31.4 million dinars ($44.3 million), barely changed from…
Abu Dhabi Finance to Finance Hydra Properties on Al Reem and Shahama
Abu Dhabi Finance (ADF) , one of the UAE's premier providers of innovative, flexible and transparent residential and commercial mortgage…
ABK records KD 21.8m operating profit in Q1
Al Ahli Bank of Kuwait today announced an operating profit of KD 21.8 million for the first quarter, compared to…
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…