UAE Banking Space Too Crowded, Mergers Needed
The UAE’s banking sector is too crowded, with too many lenders competing to cater to a relatively small population, a…
Retail Banking
8798 articles found
Dubai bank to up stake in Panin Syariah
Dubai Islamic Bank, the oldest sharia lender in the world, has officially submitted a request to Indonesia’s Financial Services Authority…
Turkey's Ziraat says ends acquisition talks with Bank Asya
Turkish state-run Ziraat Bank scrapped talks to acquire Bank Asya on Thursday, deepening concerns over the Islamic lender's future and…
Saudi banks’ distressed loans down 4% to SR16bn in Q2
The volume of non-performing loans in the Saudi banks dropped by 4 percent to SR16 billion by the end of…
National Bank Of Kuwait appoints new Chairman
National Bank of Kuwait, the country’s largest lender, announced that its board had elected Nasser Musaed Al-Sayer as the new…
Emirates NBD Wins Big At Global Brand Excellence Awards 2014
Emirates NBD, a leading bank in the region, was honoured at the Global Brand Excellence Awards 2014 with five coveted…
FGB announces Head of Corporate Finance Advisory appointment
FGB, one of the leading banks in the UAE, has announced the appointment of corporate finance specialist, Michael Aissaoui. …
Kuwait's NBK appoints new chairman
National Bank of Kuwait, the Gulf Arab state's largest commercial lender, appointed Nasser Abdullah al-Sayer as its new chairman, the…
RAKBank introduces card-less ATM cash withdrawals
RAKBank has launched a new digital banking solution that allows cash withdrawals from its network of automated teller machines (ATMs)…
NBO Bags 3 Banker Middle East Awards
National Bank of Oman has scored a hat-trick at the Banker Middle East Product Awards Oman in recognition of its…
Ithmaar Bank reports $1.77 million net profit
Ithmaar Bank, a Bahrain-based Islamic retail bank, announced Saturday a net profit of $1.77 million for the first half of…
StanChart Says Foreign Banks Struggle to Compete in Saudi
Local lenders in Saudi Arabia are dominating the market, prompting overseas banks to surrender their licenses as they struggle to…