BCG release Banking Performance Index 2014
Increases in operating costs exceeded revenue growth by 10.7 percent. At an aggregate level, provisions for bad loans decreased by…
Retail Banking
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GCC banks register double-digit growth in 2014
The banking industry in the Middle East maintained double-digit revenue growth in 2014 with a 10 per cent increase, stemming…
Gulf Bank AGM approves 2014 results
Gulf Bank held its Annual General Meeting and Extraordinary General Meeting at the Jumeirah Hotel Kuwait and approved the company's…
Emirates NBD named among world's top social media banks
Emirates NBD, Dubai's largest lender, has been ranked 25th in the world for social media in 2014, the best performance…
Noor Bank Annual Profit Jumps to Record
Noor Bank has reported a record net profit of AED678.1 million for 2014, marking a 166% from the year ended…
Gulf Bank wins Asian Banker’s award
Gulf Bank today announced that it has been recognized as the ‘Best Retail Bank in Kuwait’ by The Asian Banker,…
QNB selects NCR APTRA Activate Software to Transform Banking Services
QNB, one of the World's Strongest Banks, has signed a software professional services agreement with NCR Corporation, the global leader…
Mashreq wins six awards at the Banker Middle East UAE Product Awards 2015
Mashreq, one of the UAE’s leading financial institutions, has added six outstanding accolades from the prestigious Banker Middle East Product…
Card data threat increases as online payments grow
Leading experts in card data security have urged the regional payment industries to come together to tackle an increased threat…
Burgan Bank Signs an Exclusive Partnership with Grand Cinemas
Burgan Bank announced today its partnership with Grand Cinemas, to offer its credit cardholders exclusive discounts when booking their movie…
The branch is dead! Long live the branch!
What's hot in retail banking for the next 12 months? We review what banks will be investing in to boost…
Islamic banks to gain access to UAE central bank's Sharia-compliant lending facility
The Central Bank of the UAE has expanded its collateral range by broadening access to its Sharia-compliant short-term lending facility,…