Retail Banking

Financial Results

Bank Dhofar net profit rises 14.23 percent to OMR40.45 million in 2014

January 29, 2015

Revealing yet another year of continuous success and tremendous growth, BankDhofar recently announced its financial statements and the auditors’ report…

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Comment & Analysis

UAE’s NBAD CEO Declines Comment On Citigroup’s Egypt Consumer Unit

January 29, 2015

The chief executive of National Bank of Abu Dhabi declined to comment on Wednesday on whether his bank had bid…

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Financial Results

NBAD Reports Record 4th Quarter and Full Year 2014 Results.

January 28, 2015

The National Bank of Abu Dhabi  reported net profits of AED 1.372 billion in the first quarter of 2014, marginally…

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FinTech

New ATM experience promised by partnership deal between Emirates NBD and NCR

January 28, 2015

Emirates NBD Group has become the first in the Middle East region to successfully introduce NCR’s Consumer Experience Banking (CxBanking)…

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Hedge Funds & Alternative Investments

Bahraini bank BBK plans bond issue to refinance maturing $500 mln debt

January 28, 2015

BBK, formerly known as Bank of Bahrain and Kuwait, is planning its first debt issue since 2010 to refinance an…

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FinTech

New portal promises faster cash flow for UAE retailers

January 28, 2015

UAE e-commerce set to double to Dh18 billion in 4 years.   A new income generating source for UAE retailers…

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FinTech

How to spot a hacked ATM

January 28, 2015

Dubai UAE banks are urging customers to exercise extreme caution while handling plastic money following cases of debit card fraud.…

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Financial Results

Commercial Bank of Dubai’s 2014 profit rises 19% to Dh1.2b

January 28, 2015

Dubai lender’s personal banking loan portfolio grew 35% to Dh4.5b while customer deposits went up 3.9% to Dh32.2b.   Commercial…

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Executive Moves

HSBC said to appoint Saudi Arabia Chief Executive

January 27, 2015

Najm joined Europe’s biggest lender from Saudi British Bank, where he was general manager of retail banking and wealth management,…

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Financial Results

Bank Audi Consolidated Activity Highlights as at End-December 2014

January 27, 2015

In 2014, the Lebanese economy has witnessed a relative improvement in performance, though much lower than its potential capacity, within…

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Financial Results

HSBC Bank Oman announces its results for the year ended 31 December 2014

January 27, 2015

HSBC Bank Oman S.A.O.G. announced a net profit of RO12.2m for the year ended 31 December 2014, which represented an…

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Executive Moves

Bahrain's Ahli United Bank says chairman resigns for personal reasons

January 27, 2015

Ahli United Bank, Bahrain's largest lender, has accepted the resignation of its chairman, who is stepping down for personal reasons…

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