HSBC Bank Oman elects new board of directors
At the AGM on 30th March, Shareholders of HSBC Bank Oman S.A.O.G. approved a cash dividend of 5.5 Baiza per…
Retail Banking
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Emirates NBD expands 60 second DirectRemit platform to Pakistan
Emirates NBD , a leading bank in the region, has announced the launch of its 60 second DirectRemit service to…
Banks in the Middle East urged to balance customer service strategy
“Banks in the Middle East need to move from being primarily sales-centric to a balance between sales and customer-centric. Failure…
ADCB winner of "Best Corporate Governance Award" from World Finance magazine
Abu Dhabi Commercial Bank has won the "Best Corporate Governance Award" for 2015 by leading magazine, World Finance, an award…
CBK Records 108.7% Rise In 2014 Net Profit
The following is a message from Ali Mousa Al-Mousa, Chairman of Commercial Bank on Kuwait (CBK). In the name…
GCC banks set the pace despite falling price of oil
Banks in the Arabian Gulf have been outperforming international counterparts in terms of revenues and profitability, and despite the drop…
The race to serve bank customers’ digital needs
When Bain & Company surveyed 83,000 customers in 22 countries recently, we found that more than one-third of them bought…
Mideast banks ‘need to embrace future retail trends’
Middle East retail banks will need to embrace future trends across technology, customers, competition and macro-economics, according to an expert.…
Islamic banks now finance infrastructure projects in Oman
Islamic banks, established three years ago, have begun financing a host of infrastructure projects in Oman, which in turn will…
Customers Say UAE Banks Are Not Good Enough
Banks in the UAE are not meeting customer expectations, according to a recent study by TNS, the world's largest custom…
Arab Banking Corporation eyes EGP250m net profit at 2017-end
Egypt's Arab Banking Corporation is targeting 250 million Egyptian pounds (US$32.7 million) as net profits by end of 2017. …
Commercial Bank of Dubai purchases Dh3bn loan portfolio from UK lender RBS
Commercial Bank of Dubai has announcedit has agreed to acquirea corporate loan portfolio worth approx. AED 3 billion from Royal…