Al Baraka Banking Group Profits Raise by 7%
The Bahrain based leading Islamic banking group, Al Baraka Banking Group B.S.C (ABG) announced that it has achieved a net…
Retail Banking
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Outlook on four Saudi Arabian Banks revised Negative after Sovereign outlook action
Standard & Poor's Ratings Services said today that it has revised its outlooks on four Saudi Arabian banks to negative…
Doha Bank names campaign winners
The campaign was a success as large numbers of Qataris and expatriates rushed to avail loans to benefit from the…
Riyad Bank, MasterCard jointly launch rebranded Riyad Bank debit card
Riyad Bank and MasterCard have partnered together to launch a new range of MasterCard debit cards for the Bank's customers,…
Gulf International Bank announces full year profit of $85.6 million
GIB recorded consolidated net income after tax of $85.6 million for the year ended 31 December 2014, compared to $121.5…
Bank Albilad plans branch expansion this year
Bank Albilad plans to expand its branches this year, Chairman of the Board Dr. Abdulrahman bin Ibrahim Alhumaid disclosed during…
Credit losses and low lending to hit UAE banks’ profits this year
Profit growth at five of the UAE’s banks is expected to slow this year because of lower lending and an…
Fitch: NBK measures up to regional banks
In its report published today, Fitch Ratings said: “It is difficult to compare NBK with domestic peers, due to the…
New drive to promote Bahraini women in banking launched
The Central Bank of Bahrain and the Supreme Council for Women have in partnership with industry leaders announced a year-long…
Jordan's Bank al Etihad says 2014 net profit rose 17.5%
Jordan's Bank al Etihad said on Sunday its 2014 net profit rose 17.5 percent to 26.5 million dinars ($37 million)…
Commercial Bank chooses MSCI solution for its Investment Risk Management
Commercial Bank, Qatar's first private bank, has selected MSCI Inc., a leading provider of investment decision support tools worldwide, as…
Noor Trade to expand its network and double its team this year
Noor Trade, Sharia compliant banking service from Noor Bank for small and medium enterprises (SMEs) is fast expanding its reach…