Kuwait's Gatehouse looks to broaden Islamic revenue streams
London-based Gatehouse Bank, a subsidiary of Kuwaiti firm Securities House, is developing new business lines and widening its investor base…
Retail Banking
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Profits of Turkey's Islamic Bank Asya hit by political feud
Turkish Islamic lender Bank Asya said its second-quarter net profit slumped 81 percent to 10.6 million lira ($4.9 million), as…
Turkey’s Top Aide Seeks Limits to Influence of Foreign Banks
Turkey needs to strengthen control of its banks and limit foreign ownership, Prime Minister Recep Tayyip Erdogan’s chief economic adviser…
BMI Bank's operating income increases 6pc
BMI Bank, a subsidiary of Al Salam Bank Bahrain, has reported a loss after provisions of BD3.1 million for the…
Noor Bank appoints new Treasurer
Noor Bank announced the appointment of Damian White as Treasurer in a statement on Sunday. The role entails managing…
Al Baraka Banking Group raises its profit to $143m
The Bahrain based leading Islamic banking group, Al Baraka Banking Group B.S.C announced a net profit of $143m for the…
KHCB announce net profit of BHD 1.2 million for Q2 2014
Khaleeji Commercial Bank (KHCB), a prominent Islamic retail Bank, announced its financial results for the second quarter of 2014 making…
Emirates Islamic in bid to encourage digital banking platforms
Emirates Islamic announced the launch of a two-month campaign aimed at encouraging customers to increasingly use the bank’s digital banking…
Dubai’s Amlak Agrees $2.7 Billion Debt Deal With Creditors
Amlak Finance PJSC, the Dubai-based Islamic mortgage provider, has agreed to a $2.7 billion debt restructuring that may pave the…
Kuwait International Bank net profit reaches KD8.9m
Kuwait International Bank said that its net profit reached KD8.9m in the first half of 2014 compared to KD 6m…
NBAD First to Select New NCR Branch Transformation Technology in the Middle East
The National Bank of Abu Dhabi is the first financial institution in the Middle East to select NCR SelfServ 91,…
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…