Al Baraka Banking Group (ABG), a Bahrain-based Islamic banking group, has appointed Mohammed Abdullah El Qaq as senior vice-president and head of commercial banking.
El Qaq has more than 22 years of experience in commercial bankin
Saudi Arabia's central bank has published new consumer lending regulations which give it the power to cap retail lending at individual banks and limit the fees that banks can charge.
The rules could dent profit growth at banks
Bahrain Institute of Banking and Finance (BIBF) said its second batch of students have surpassed the global pass rates in the Certificate for Documentary Credit Specialists (CDCS) qualification exams offered by ifs University College, UK.
The National Bank of Abu Dhabi (NBAD) has selected the NCR SelfServ 91, a new hardware platform that will help the bank transform its branches and extend its retail banking footprint.
It is the latest in branch banking technology
Dubai Chamber of Commerce and Industry underlined the growing popularity of Islamic finance over the conventional sector in a preparatory report for the 10th World Islamic Economic Forum (WIEF) to be held in Dubai from October 28-30.
Islamic economies are already a significant part of the global economy and are set to become even more important over the next decade, a senior banker has said.
Contrary to popular belief, the Islamic economy is more than just Isl
Better reporting of risk, timely loan write-downs on balance sheets, and investor access to comparable reporting of information across jurisdictions will improve transparency and reduce investor risk aversion towards the banking sector, accord
A top banker has called for renewed emphasis on training for Bahraini students to "help build a knowledge-based workforce".
According to Bahrain Association of Banks (BAB) chief executive Robert Ainey these are very comp
Ahli United Bank (AUB) has announced the reopening of its Sanabis branch, resuming full banking services to its large base of retail and commercial customers in the area and beyond.
The branch reopened following a complete renovat