More than 1,300 high-level industry professionals from over 50 countries will take part in major Islamic banking conference in Bahrain.
The the 21st annual edition of the World Islamic Banking Conference (WIBC 2014) will be held u
Barclays is launching a finger scanner for corporate clients and will roll out voice recognition for millions of retail clients next year as it steps up use of biometric recognition technology to combat banking fraud.
Citibank Bahrain has won two key awards for Internet banking.
The bank said it won the "Best Consumer Internet Bank" and the "Best Corporate/Institutional Internet Bank" awards in the first round of Global Fina
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