Retail Banking

Awards and Recognition

Doha Bank named 'The Best Commercial Bank in the Middle East 2014' at the Global Banking and Finance Awards 2014

August 18, 2014

Dr. R Seetharaman, Group Chief Executive Officer of Doha Bank said, "We are honored to receive this recognition.   The…

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New Investment Products & Services

United Arab Emirates to open bank in Serbia

August 18, 2014

The Executive Board of the National Bank of Serbia (NBS) gave the preliminary approval for the foundation of a bank…

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Retail Banking

Citibank looks for room to grow in crowded UAE lending sector

August 15, 2014

Citibank, the New York-based lender, is expanding its retail banking business in the UAE, betting that its international network will…

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Regulation, Risk & Compliance

Manipulation Led to Bank Asya's Suspension In Bist

August 14, 2014

The Borsa Istanbul, Turkey's stock market, issued a statement providing the reason for suspending the trading of shares of Bank…

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Awards and Recognition

BankDhofar awaits response from Bank Sohar on merger

August 13, 2014

BankDhofar Tuesday said it is waiting for a response on the proposed swap ratio from Bank Sohar to proceed with…

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Awards and Recognition

BankDhofar bags prestigious awards

August 13, 2014

BankDhofar said following the 'Best Bank in the Sultanate 2014 award, it has won two more awards from the Banker…

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Awards and Recognition

HSBC Bank Oman claims two awards at the banker Middle East Oman Product Awards 2014

August 13, 2014

Supporting the Bank's vision to become the leading financial institution in the Sultanate, HSBC Bank Oman S.A.O.G. recently won the…

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Financial Results

Standard Chartered blames lower profits to margin compression

August 13, 2014

Standard Chartered Bank on Tuesday attributed decline in its UAE profits to heightened competition and margin compression in all major…

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Comment & Analysis

UAE’s Al Etihad Credit Bureau will begin operations next month

August 13, 2014

The UAE’s nascent credit bureau will begin operations next month to help banks assess the ability of clients to pay…

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Financial Results

Arab Banking Corp net profit rises 22%

August 13, 2014

Arab Banking Corporation (ABC) Tuesday announced that its consolidated group net profit for the first half of 2014 was $…

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Awards and Recognition

Bahrain’s Ithmaar recieves best bank branch award

August 13, 2014

Ithmaar Bank’s main branch won the coveted Best Branch Award for the first quarter of 2014.   The award was…

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Financial Results

Bahrain's Gulf Finance House Q2 net profit jumps 252 pct

August 13, 2014

Bahrain's Gulf Finance House reported a 252 percent increase in second-quarter net profit on Wednesday. The firm, which suffered heavily…

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