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banking

Lebanon banks to shut until March 29 due to coronavirus

Monday, 16 March 2020

Bank branches in Lebanon will close from March 17-29 for the safety of employees during the ......

Emirates NBD announces net profit up 44 pct for 2019 to $3.95 billion

Monday, 27 January 2020

Emirates NBD, Dubai’s biggest bank and the second largest in the UAE, revealed on Monday that ......

Saudi, UAE banks will see jump in loan growth in 2020 as profit margins fall

Tuesday, 14 January 2020

While banks in Saudi Arabia and the United Arab Emirates can look forward to burgeoning loan growth ......

Egypt receives no request from Lebanon’s Bank Audi to sell Egyptian unit

Monday, 13 January 2020

Egypt’s central bank said in statement on Monday it had not received a request from ......

Saudi Arabia grants license to Bank of China to open branch

Tuesday, 07 January 2020

Saudi Arabia’s cabinet approved the Bank of China's request for a license to open a branch in ......

Biggest Saudi banks will be profitable despite low interest rates: Moody’s

Monday, 09 December 2019

National Commercial Bank (NCB), Al Rajhi Bank, and Saudi British Bank (SABB), the three largest ......

Lebanon’s banks will not participate in three-day strike

Wednesday, 27 November 2019

Lebanon’s banks will not join a three-day general strike slated to begin on Thursday, the ......

GCC banking outlook stable, underpinned by solid economic growth: Moody’s

Monday, 25 November 2019

Outlook for banks in the Gulf Cooperation Council (GCC) remains stable and is underpinned by solid ......

Bank ABC launches digital bank in Bahrain

Monday, 25 November 2019

Bank ABC launched on Sunday “ila,” a new Bahraini digital, mobile-only banking entity. ......

S&P lowers credit ratings on three Lebanese banks on liquidity pressures

Thursday, 14 November 2019

S&P Global Ratings said on Thursday it was lowering the ratings on three Lebanese banks further ......

Lebanon’s banks to remain shut on Thursday amid protests: Statement

Wednesday, 23 October 2019

Banks in Lebanon will remain closed on Thursday, the banking association said, as unprecedented ......

Wells Fargo names new chief executive

Friday, 27 September 2019

Wells Fargo on Friday named Charles Scharf as its chief executive, making good on a promise to ......

Largest UAE banks report H1 2019 net profit growth

Wednesday, 07 August 2019

The UAE’s four biggest banks increased their combined H1 2019 net profit by 19 billion dirhams ......

Saudi’s Al Rajhi Bank Q1 net profit rises 21 pct on higher fees

Tuesday, 23 April 2019

Al Rajhi Bank, Saudi Arabia’s second-largest lender by assets, reported double-digit growth in ......

Deutsche Bank and Commerzbank go public on merger talks

Sunday, 17 March 2019

Deutsche Bank and Commerzbank on Sunday confirmed they were in talks to possibly merge, an ......

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