Thursday 23 November 2017
 
»
Tag
 
»
banks

Abu Dhabi-based banks net $2.07bn income in Q2

The net income of commercial and Islamic banks in the Emirate of Abu Dhabi amounted to Dh7.6 billion ($2.07 billion) during the second quarter of 2017, with commercial banks accounting for 83.1 percent of the net income of all banks operating in

More…

GCC banks ‘forced to rethink lending policy’

Reduced liquidity due to changing market dynamics, namely a reduction in oil prices, is forcing banks in the GCC region to rethink their lending policy due to a rise in non-performing loans (NPLs), said professional services firm Deloitte.

More…

Swift opens up KYC Registry to all finance institutions

Swift today announced that it has opened membership in its KYC Registry to all supervised financial institutions globally. Since the launch of The KYC Registry in December 2014, membership has been limited to Swift-connected super

More…

Blockchain: Do the numbers add up?

A new study from Accenture and top benchmarking firm McLagan crunches the numbers on blockchain to reveal just how much investment banks should be banking on this potentially disruptive technology. David Treat, managing director, Accent

More…

Mastercard adds Samsung Pay to online payment options

Mastercard today announced that its cardholders from select banks in the UAE will now be able use the Samsung Pay service to make payments in a quick and secure way. Samsung Pay, Samsung’s mobile payments service, is an easy

More…

Lankan group secures $35m funding from ME banks

People’s Leasing & Finance, an industry leader in Sri Lanka, said it has successfully raised $35 million in funding from the Middle East market for supporting its general business development and growth.   The three

More…

UAE banks need to improve customer service: survey

Customer service is the primary banking feature clients of UAE banks would like to see improved, according to a new survey. The survey by Souqalmal.com, a leading personal finance and insurance comparison website in the UAE, cover

More…

Qatar banks' merger 'will be good for sector'

A proposed merger between three Qatari banks -- Masraf Al Rayan, Barwa Bank and International Bank of Qatar -- if successfully completed, would create the largest Islamic bank and the second largest bank in Qatar, and would result in a more bala

More…

Solid profitability seen for top UAE banks

The five large United Arab Emirates banks' core profitability is expected to remain solid over the next 12-18 months, according to a Moody's report.    In Q4 2016, the five banks -- Emirates NBD (A3

More…

GE, banks partner to finance Iraqi projects

GE, Trade Bank of Iraq (TBI) and Standard Chartered Bank (SCB) have signed a financing MoU to accelerate the development of power and infrastructure projects in the country. The MoU also underlines the financial partnerships forme

More…
 1 2 3 4 5 >  Last ›

calendarCalendar of Events

Ads