Strong provisioning and recoveries to boost CBD profits
Commercial Bank of Dubai marked the sixth consecutive year of profit growth last year with a 19 per cent growth…
Retail Banking
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National Bank of Abu Dhabi Eyes Expansion
National Bank of Abu Dhabi, the United Arab Emirates capital’s biggest lender, has added hundreds of staff over the past…
Abu Dhabi's NBAD says not interested in Citi's Egypt assets
National Bank of Abu Dhabi (NBAD) is not interested in buying the Egypt retail business of Citigroup, and is instead…
NBK-Bahrain reports net profits of USD 145 million for 2014, up 27% y-o-y
National Bank of Kuwait-Bahrain ( NBK Bahrain), the subsidiary of NBK Group in Bahrain, reported net profits of USD 145…
ABC group net profit rises 7pc
Arab Banking Corporation's (ABC) consolidated group net profit for 2014 rose seven per cent to $256 million, when compared with…
Dubai Islamic Bank celebrates 40 years in Islamic Banking
Dubai Islamic Bank (DIB) celebrated its 40th anniversary at a special ceremony held in the presence of His Highness Sheikh…
HSBC Mideast clarifies on licence cancellation
HSBC Bank Middle East has said its Bahrain operations continue as before and are unaffected by the cancellation of a…
Visa says new online payments system to launch in UAE
Visa, the global electronic payments firm, has announced that the UAE will be one of the 16 countries where consumers…
ABC Islamic Bank Announces 23 per cent Increase in 2014 Year-End Net Profit of $15.1 Million
ABC Islamic Bank has announced that its net profit for the year ending 2014 was $15.1 million, 23 per cent…
Al Riyadah Priority Banking from BankDhofar Offers More than Personalised Banking Experience
Within the context of its strive to lead the market and be the best bank in the Gulf, BankDhofar continues…
Only in the UAE, a new 'selfie' credit card is launched
Most residents in the UAE will gladly complain about the recent rise in cold-calling for credit cards by banks –…
Abu Dhabi Commercial Bank launches campaign with Minneapolis-based agency Solve
The second largest bank in the United Arab Emirates, Abu Dhabi Commercial Bank (ADCB), is launching a campaign this week…