London-based Arab Bankers Association has announced the 2015 Award for Distinguished Services to Arab Banking will be presented to Ahli United Bank Group chief executive and managing director Adel El Labban. He will receive the award at the Ar
Warba Bank has promoted its Salmiya Branch Manager Abdullah Nasser AlShail to the position of area manager, as part of its ongoing keenness to execute the bank’s plan aiming at developing skilled Kuwaiti calibre across all sectors.
Bahrain-based Bank ABC has announced it successfully closed a $125 million syndicated term loan facility on behalf of UAE-based United Arab Bank. Bank ABC was acting as the initial mandated lead arranger and bookrunner and the facility agent,
The awarding body of Global Islamic Finance Awards (GIFA) 2015 has nominated Meezan Bank, Pakistan’s largest Islamic bank, for a sharia authenticity award. This year’s GIFA Awards ceremony is scheduled to be held next Monday (Septe
Abu Dhabi Commercial Bank (A/A+) has decided not to go ahead with a US dollar-denominated bond that it began marketing on Monday, as the transaction failed to get enough traction, according to a deal lead.
"ADCB would like to
Securities & Investment Company (SICO), licensed by the Central Bank of Bahrain (CBB) as a conventional wholesale bank, has announced two new appointments to its management team.
K Shyam Krishnan has been appointed as chief fi
Eskan Bank, a leading provider of residential mortgages, has achieved ISO 27001:2013 certification for its information security management system. The bank’s headquarters in Seef, along with two branches in the Diplomatic Area and Jidali
Oman Development Bank (ODB), a state-owned specialised bank for funding small and medium enterprises in Oman, is planning to extend its funding to more sectors including logistics, according to a report.
Islamic International Rating Agency (IIRA) has reaffirmed the ratings of Jordan Islamic Bank (JIB) on the national scale at A+/A1 (jo) (Single A plus/A One). Ratings of JIB on the international scale have also been reaffirmed with the foreign
Bahrain-based Seera Investment Bank has sold an investment asset to a Saudi Arabian construction company for 424 million Danish Krone ($63.8 million). The sharia-compliant investment bank said in a statement yesterday that it sold Kosan Crispl