Abu Dhabi bank uses Indian IT firm solution
Leading Indian IT firm Polaris Financial Technology Ltd deployed its software solution - Intellect loan management system - at Abu…
Retail Banking
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NBAD appoints Group Chief Information Officer
The National Bank of Abu Dhabi the Number One Bank in the UAE, has appointed Michael Austin as the Bank’s…
New head of Egypt's largest public bank appointed
Egypt's PM appoints chairman and deputy for National Bank of Egypt Egyptian Interim Prime Minister Hazem El-Beblawy appointed Wednesday…
Saudi banks to make record profits in '13
Saudi banks were anticipated to make record profits in 2013 amid surge in government spending in Saudi Arabia due to…
CBK posts KD 7.8 million worth of net profit
The Central Bank of Kuwait has posted net profit of KD 7.8 million for the period that ended on June…
Arab Bank Named Best Consumer Internet Bank in Jordan for the Fifth Consecutive Year
Arab Bank recently received the "Best Consumer Internet Bank in Jordan" award from the international magazine, Global Finance, for the…
Commercial Bank of Qatar names Al-Raisi as Chief Executive
Al-Raisi joined the bank in 1998 and worked in both the retail and corporate banking divisions before being appointed as…
Turkish banks' H1 net profit up 19.7 pct
The sector's loans rose 15.9 percent from the end of last year to 921.2 billion lira at the end of…
Credit Agricole Egypt (CAE) Q2 2013 net profit EGP 207 million
Credit Agricole Egypt's net profit of EGP 207 million in Q2 2013 was up 51 per cent YoY and…
Bahrain's Al Baraka Bank Q2 net rises 11 pct
Bahrain-based Islamic lender Al Baraka Banking Group said on Sunday that its net income for the second quarter totalled $42…
GIB's net income rises 4.5pc to $60.6 million
Bahrain-based Gulf International Bank yesterday reported consolidated net income after tax of $60.6 million for the first half of…
ABC Islamic Bank Announces 49% Increase in 2013 Half-Year Profit to US$6 Million
ABC Islamic Bank today announced that its net profit for the first half of 2013 was US$6 million, 49% higher…