National Bank of Kuwait First-Quarter Profit Beats Estimates
National Bank of Kuwait SAK, the country’s largest lender, posted a 0.4 percent rise in first- quarter profit, beating estimates,…
Retail Banking
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NBK opens a new branch in Abu Dhabi
National Bank of Kuwait announced the opening of its new branch in Abu Dhabi, the second in the United Arab…
Denizbank to buy Citibank consumer business in Turkey
Turkey's Denizbank , acquired last year by Russia's Sberbank, said on Thursday it had signed an agreement to buy Citibank's…
HSBC Bank Egypt Continues its Growth Plans in Egypt
HSBC Bank Egypt Inaugurates Two New Branches in Cairo in the presence of MENA Regional Head of Retail Banking and…
Saudi Hollandi Q1 net profit up 19.4% to SAR346.3m
Saudi Hollandi Bank has said in its interim financial results for the three-month period ended March 31, 2013 that its…
Saudi British Bank Q1 net profit rises 11% to SR 948 m
The Saudi British Bank said it recorded a net profit of SR 948 million for the quarter ended March 31…
Gulf Bank appoints new General Manager of Consumer Banking
Gulf Bank has announced the appointment of Mr. Vikram Issar as General Manager of Consumer Banking, who joined the Bank…
Bank chief says Lebanon’s banking situation “good”
Lebanon’s Central Bank Governor Riad Salameh stressed Tuesday that Lebanon’s banking and financial situation is “good.” Salameh said at Beirut’s…
Qatar National Bank Q1 net profit up 6.7 pct on loan growth
Qatar National Bank, the acquisitive Gulf Arab lender, posted an 6.7 percent jump in first-quarter net profit on Sunday, in…
Doha Bank opens Sydney representative office
Doha Bank has opened its Australia representative office in Sydney. Qatar’s ambassador to Australia, Yousef Ali al-Khater, and Doha Bank…
GCC banks outperform international banks: BCG
Middle East banking revenues continued to grow at single digit rates in 2012 with a 6.9 percent increase, while profits…
Prince Alwaleed urges opening Saudi market to foreigners
Saudi Arabian billionaire Prince Alwaleed bin Talal called on the kingdom's regulators to open up the stock market to foreigners…