UAE’s conventional lenders boost Islamic banking
Lending rises in the sector as revenues increase as popularity grows. The Islamic window is increasingly becoming an important…
Retail Banking
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Key Challenges and Issues Shaping the Banking Industry – KPMG
"Facing profitability pressures, growing regulatory compliance costs, and revenue-growth difficulties, banking executives are increasingly looking to reshape their organizations' future,…
Noor Islamic Bank equips branches with iPads to encourage customers to bank online
Noor Islamic Bank has equipped six of its branches in Dubai, Sharjah and Abu Dhabi with 15 of the latest…
Standard Chartered plans to expand in Iraq with UK government help
Standard Chartered is counting on the assistance of the British government to help it to open branches in Iraq by…
Commercial Bank of Dubai appoints new GM Personal Banking
Prior to his appointment and for over three decades, Sims has held key positions in a number of international banks…
UAE banks cash situation good
The UAE banks are flush with depositors’ cash once again as the country’s political stability and sustainable economic growth embellish…
Bank Sohar attains 'Best CSR Bank Oman 2013' award
Cementing its position as one of Oman's most benevolent banking institutions, Bank Sohar has been named the 'Best Corporate Social…
Eskan Bank launches eServices package
In cooperation with Bahrain’s eGovernment Authority, Eskan Bank has launched a package of services allowing all its clients to review…
UAE central bank says monetary aggregate rose 7.8% on year
The UAE Central Bank said during the first six months of 2013, monetary aggregate M2 increased 7.8 per cent on…
BMI Bank's net profit soars 88pc to $1.4m
Bahraini retail and commercial banking institution BMI Bank yesterday reported a net profit of $1.4 million for the first…
Kuwait's Burgan Bank 2Q Net Profit Falls 10%
First-half net profit fell 11% to KWD27.89 million from KWD31.16 million in the same period of 2012, the lender said…
Barclays considers potential sale of UAE retail business
Barclays Plc is conducting a strategic review of its retail banking operations in the United Arab Emirates which could lead…