OAB puts IPO plan on hold
Muscat The initial public offering plan of Oman Arab Bank has been put on hold. In a filing to…
Retail Banking
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BG Foreign Minister wants Qatari bank in Bulgaria
A Qatari bank to appear in Bulgaria – this is the newest proposal of Bulgaria's Minister of Foreign Affairs Christian…
Standard Chartered appoints Head of Wholesale Banking for its operations in Iraq
Standard Chartered announced today the appointment of Ahmed Muallah as Managing Director and Head of its Wholesale Banking business in…
ABC Islamic Bank net profit up 48pc
ABC Islamic Bank, a subsidiary of Bahrain-based Arab Banking Corporation, has posted a net profit of $12.2 million for 2013,…
Al Hilal Bank wins two major prizes at 2013 Islamic Finance News Awards
Al Hilal Bank emerged as one of the most awarded institutions at the 2013 Islamic Finance News Awards organized by…
Bahrain : World Class Performance
Bahrain has maintained its 2013 global performance, ranking fourth in the world for ease of dealing with construction permits. …
Bahrain's Al Baraka posts 23% rise in Q4 net profit
Bahrain's Al Baraka Banking Group reported a 23 percent increase in fourth-quarter net profit on Sunday, and said it would…
Customers warned of online swindlers
Thousands of messages have been sent to warn bank customers in the Kingdom of swindlers trying to gain access to…
Emirates NBD Selects NCR as Its Unified Preferred Technology Partner to Transform Banking Services
NCR Corporation, today announced it has signed a five-year, multimillion-dollar agreement with Emirates NBD to revolutionize banking services in Dubai…
ADIB named best Islamic Bank in the Middle East by Euromoney
Abu Dhabi Islamic Bank has been named the best Islamic bank in the Middle East and best Islamic bank in…
Standard Chartered set to finalise sale of its retail bank in Lebanon
UK-based Standard Chartered is set to take a final decision on plans to divest its retail banking unit in Lebanon,…
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…