Retail Banking

Market Forecasts

More foreign lenders are expected to enter Turkey’s lucrative banking market

July 11, 2014

More foreign lenders are expected to enter Turkey’s lucrative banking market, according to Italian banking giant UniCredit’s CEO, Federico Ghizzoni.…

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Comment & Analysis

United Arab Bank – Financial Strength Rating is raised; other ratings are affirmed

July 10, 2014

CI also notes the UAB's loan-based liquidity ratios had improved at end 2013 and despite the worsening of key ratios…

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Retail Banking

GIB launches Saudi retail banking service

July 9, 2014

  Bahrain-based conventional wholesale institution Gulf International Bank  has launched retail banking services in Saudi Arabia under the brandname, "Meem".…

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Financial Results

Arab National Bank posts 400m net profit in H1

July 9, 2014

Arab National Bank (ANB) reported a net profit of 400 million for the first six months of 2014 compared to…

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Hedge Funds & Alternative Investments

Kuwait’s CBK gets approval to raise up to 120m dinars via bonds

July 9, 2014

Commercial Bank of Kuwait, the Gulf state’s fifth-largest lender by assets, has received regulatory approval to issue up to 120…

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New Investment Products & Services

Bahrain Association of Banks publishes The Handbook of Retail Banking

July 9, 2014

The Bahrain Association of Banks  has published The Handbook of Retail Banking, a guide to the retail banking industry in…

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Awards and Recognition

Turkish Bank Garanti Wins FICO Decision Management Award for Fraud Control

July 9, 2014

FICO  Bank, Turkey's second-largest bank, has won the 2014 FICO Decision Management Award in the Fraud Control category.   Garanti…

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New Investment Products & Services

GIB launches trial phase of retail banking services

July 8, 2014

Gulf International Bank BSC (GIB) has initiated its trial phase for retail banking services to Saudi customers under the meem…

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Financial Results

Qatar National Bank Q2 net profit edges up, beats estimates

July 8, 2014

Qatar National Bank, the largest lender in the Gulf Arab region, reported a small increase in second quarter net profit…

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Awards and Recognition

"Best Contactless Solution" Award Granted to Bank Audi's New NFC Payment Innovation, Tap2Pay

July 8, 2014

Bank Audi sal was granted the "Best Contactless Solution" award for its new service, the "Tap2Pay NFC Mobile Payment", during…

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Islamic Finance

Standard Chartered Saadiq inaugurates its first Islamic Banking Centre in the UAE

July 7, 2014

The Bank aims to bridge the service and distribution gap between Islamic and Conventional Banking    Coinciding with the beginning…

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Awards and Recognition

Abu Dhabi Finance move to the New Office & Wins the "Best Retail Finance Company at the Banker Middle East Industry Awards 2014

July 7, 2014

Abu Dhabi Finance, one of the UAE's premier providers of innovative, flexible and transparent residential and commercial mortgage products to…

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