United Arab Emirates to open bank in Serbia
The Executive Board of the National Bank of Serbia (NBS) gave the preliminary approval for the foundation of a bank…
Retail Banking
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Citibank looks for room to grow in crowded UAE lending sector
Citibank, the New York-based lender, is expanding its retail banking business in the UAE, betting that its international network will…
Manipulation Led to Bank Asya's Suspension In Bist
The Borsa Istanbul, Turkey's stock market, issued a statement providing the reason for suspending the trading of shares of Bank…
BankDhofar awaits response from Bank Sohar on merger
BankDhofar Tuesday said it is waiting for a response on the proposed swap ratio from Bank Sohar to proceed with…
BankDhofar bags prestigious awards
BankDhofar said following the 'Best Bank in the Sultanate 2014 award, it has won two more awards from the Banker…
HSBC Bank Oman claims two awards at the banker Middle East Oman Product Awards 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…
Standard Chartered blames lower profits to margin compression
Standard Chartered Bank on Tuesday attributed decline in its UAE profits to heightened competition and margin compression in all major…
UAE’s Al Etihad Credit Bureau will begin operations next month
The UAE’s nascent credit bureau will begin operations next month to help banks assess the ability of clients to pay…
Arab Banking Corp net profit rises 22%
Arab Banking Corporation (ABC) Tuesday announced that its consolidated group net profit for the first half of 2014 was $…
Bahrain’s Ithmaar recieves best bank branch award
Ithmaar Bank’s main branch won the coveted Best Branch Award for the first quarter of 2014. The award was…
Bahrain's Gulf Finance House Q2 net profit jumps 252 pct
Bahrain's Gulf Finance House reported a 252 percent increase in second-quarter net profit on Wednesday. The firm, which suffered heavily…
Kuwait's KFH says waiting on approval to hire new CEO
Kuwait Finance House is awaiting regulatory approval to hire the former head of consumer banking at National Bank of Kuwait…