AUB net profit soars to $579m
Bahrain-based Ahli United Bank has reported a a record net profit of $579.4 million for 2013, up 72.6 per cent…
Retail Banking
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Arab Banking Corp announces key revamp
Bahrain-headquartered Arab Banking Corporation has revamped its group management structure in line with its regional strategy growth strategy. ABC…
Arab Banking Corporation gains rise 17pc to $239m
Arab Banking Corporation (ABC) today announced that its consolidated Group net profit for the year ending 2013 was US$239 million,…
UPDATE 1-Sager succeeds Dabdoub as CEO of Kuwaiti bank NBK
National Bank of Kuwait said on Sunday it had appointed long-serving banker Isam al-Sager as group chief executive, succeeding Ibrahim…
Citi Bahrain marks milestone
Citi Bahrain celebrated 45 years of presence and 25 years of consumer banking operations in the kingdom. Held at…
Ahli United in new partnership
Ahli United Bank has teamed up with Jones Lang LaSalle to source and identify residential and commercial properties in London…
The Saudi Investment Bank "SAIB" develops WOOW
WOOW is based on strong customer feedback and demand for a world-class rewards program that goes far beyond existing standard…
Senior executive quits UAE's largest lender
National Bank of Abu Dhabi's head of consumer banking has left the lender, a spokesman confirmed on Thursday. George…
Commercial Bank of Qatar profit drops
Commercial Bank of Qatar , the country's second-largest lender by assets, reported a drop in fourth-quarter net profit on Monday,…
Capital Banking Solutions Takes a Leading Position in Iraq With Signing of Sumer Commercial Bank
Capital Banking Solutions have announced that Sumer Commercial Bank has selected CapitalBanker as its core banking system to be implemented…
Warba posts 27 pct gain year on year
Emad Al Thaqeb, Chairman -- Warba Bank, announced that Warba Bank has realized operating revenues of KD 10.3 million for…
Italy’s Monte Paschi Foundation In Talks With Qatar For Stake Sale
The Qatar sovereign fund is in talks with the main shareholder of Banca Monte dei Paschi di Siena to buy…