Khaleeji Commercial Bank Announces Second Quarter Financial Results
Khaleeji Commercial Bank (KHCB), a prominent Islamic retail Bank, announced its financial results for the second quarter of 2014 making…
Retail Banking
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LMC registers net profit of $2.10m
Liquidity Management Centre (LMC), a Bahrain-based wholesale Islamic bank, has reported a net profit of $2.10 million for the second…
Bahrain's Ahli United Bank Q2 profit up 35.1 pct
Ahli United Bank, Bahrain's largest lender, posted 35.1 percent rise in its second-quarter net profit, the bank said in a…
Omani bank uses fingerprint authentication
Bank Muscat, one of the main banks in Oman, has rolled out a biometric system that works in conjunction with…
UAE banks’ practices are unfair and unethical
There is a serious misuse of the law that has been going on in the UAE, one that has not…
KSA bank deposits hit SR1.5 trillion in June
Deposits in Saudi banks hit a record level of nearly SR1.5 trillion by the end of June, or an increase…
Middle East Proves a Bright Spot for HSBC
With the largest presence of any international bank in the Middle East, HSBC’s results usually serve as a good indicator…
National Bank of Kuwait says consumer banking head resigns
National Bank of Kuwait, the Gulf Arab state's largest commercial lender, said in a bourse statement on Monday that its…
CBK Posts Net Profit Of KD 13.2 Mln In H1
The first half of 2014 earned Commercial Bank of Kuwait an operating profit of KD 49.6 million, before provisions (KD…
Oman's ahlibank net profit jumps
ahlibank, a leading financial services provider in the Sultanate, has achieved a net profit of OMR13.1 million in the first…
Bank Audi net profit reaches $190 million for H1 2014
At the MENA banking level deposit growth over the first five months of the year maintained last year's corresponding period…
Turkish Bank First in Europe to Deploy NCR's Interactive Teller
Duluth-based NCR Corp., a global provider of ATMs and other technology enabling financial transactions, has launched new software using its…