Noor Bank ranked top Commercial Islamic Bank in GCC for Pre-tax Profit Growth in 2013
UK-based The Banker magazine has named Noor Bank the fastest growing Islamic commercial bank in the GCC for 2013 on…
Retail Banking
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Bahrain's BMI Bank CEO resigns
The chief executive of BMI Bank, Jamal al-Hazeem, has resigned from the position for personal reasons, the Bahraini lender said…
IAIR Names Bank Sohar as Best Bank for Fast Growth in the Middle East
Receiving yet another international recognition for excellence, Bank Sohar received the 'Best Bank for Fast Growth / Middle East' Award…
Emirates NBD forecasts strong retail banking growth in the year ahead
Emirates NBD posted a strong set of numbers with net profit doubling for the first nine months of this year…
UAE Central Bank extends deadline to implement chip and pin
The UAE Central Bank has extended its deadline for banks around the country to implement the Chip and Pin technology…
AFS launches new loyalty programme solution
Bahrain-based Arab Financial Services (AFS), a regional payment card processor and a subsidiary of Arab Banking Corporation, has launched a…
Vipera develops its mobile banking platform
Vipera, a provider of mobile financial services and digital customer engagement solutions, is upgrading its mobile banking application for the…
Turkey’s State-Run Halkbank Applies to Start Islamic Bank Unit
Turkey’s largest publicly listed state lender applied for permission to start an Islamic banking affiliate, as the government pushes to…
Shaikh Esam wins top WIBC award
The "World Islamic Banking Conference 2014 Industry Leadership Award" has been bestowed on renowned Sharia scholar Shaikh Esam Ishaq. …
National Bank of Oman makes two key appointments
National Bank of Oman has announced the appointment of His Excellency Abdul Rahman bin Hamad Al Attiyah and Mr. Mohammed…
Bank Sohar Receives Two Awards from International Finance Magazine (IFM), UK
At a glittering awards ceremony organized by International Finance Magazine (IFM) at the Jumeirah Carlton Tower in the United Kingdom,…
Fitch affirms ratings of five banks
Fitch Ratings has affirmed National Bank of Bahrain's and BBK's long-term Issuer Default Ratings at 'BBB'. Fitch has also…