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Israel’s Bank Hapoalim freezes mortgage rates for hard-hit homeowners
Israel’s Bank Hapoalim will not pass on to customers the central bank’s next ...
Middle East -
Iran appoints new central bank chief
Iran on Thursday appointed Mohammad Reza Farzin as head of the central bank, state ...
Middle East -
Sanctions pressure to force Russia’s Sberbank to close UAE office
Russia’s dominant lender Sberbank will be forced to close its office in the United ...
Banking & Finance -
Citigroup targets more deals in Gulf region
Citigroup Inc’s investment banking team has doubled in size over the past two ...
Banking & Finance -
Afghanistan’s central bank gets fresh banknotes after US helps clear payment
A Polish firm has delivered Afghani banknotes to Kabul this week after the United ...
World News -
UAE’s biggest bank FAB says CFO Burdett to retire
First Abu Dhabi Bank (FAB), the United Arab Emirates’ biggest lender, said on ...
Banking & Finance -
Saudi National Bank’s third-quarter profit up 18.7 percent
Saudi National Bank, the Kingdom’s biggest lender, said on Sunday its net profit ...
Banking & Finance -
Woman who held up Lebanese bank to get own savings released on bail
A Lebanese woman who last month held up a Beirut bank to retrieve her own savings ...
Middle East -
Lebanese MP leaves bank with savings for surgery after protest
Lebanese lawmaker Cynthia Zarazir ended a protest at a bank on Wednesday after ...
Middle East -
Credit Suisse looking to cut around 5,000 jobs: Source
Credit Suisse is considering cutting around 5,000 jobs, about one position in 10, ...
World News -
Citigroup to close Russian consumer, commercial banking business
Wall Street giant Citigroup Inc will close its consumer and commercial banking ...
Banking & Finance -
UAE ‘top 10 banks’ report significant rebound in profit
The United Arab Emirates top 10 banks reported a significant rebound in their ...
Business -
Bank agrees to process Russian oil payment to central Europe: Sources
A European bank has agreed to process a payment for the transit of Russian oil ...
World News -
Visa and Al Rajhi Bank push to empower female entrepreneurs in Saudi Arabia
Digital payments giant Visa and Saudi Islamic bank Al Rajhi Bank are pushing to ...
Banking & Finance -
Turkey’s banks are adopting Russian payments system: Erdogan
Five Turkish banks have adopted Russia’s Mir payments system, Turkey’s President ...
Banking & Finance -
World Bank accuses Lebanese politicians of cruelty over deposit promises
The World Bank has said that assertions by Lebanese politicians that deposits kept ...
Banking & Finance -
UAE’s top bank FAB cautious after flat second quarter profit
First Abu Dhabi Bank (FAB), the United Arab Emirates’ biggest lender, struck a ...
Banking & Finance -
Credit Suisse CEO resigns amid plunging revenues, Q2 net loss
Credit Suisse said Wednesday that CEO Thomas Gottstein is resigning after ...
Banking & Finance -
China detains alleged bank fraud ‘criminal gang’ after rare protests over corruption
Members of a “criminal gang” accused of taking control of local banks have been ...
World News -
Digital bank Zand receives UAE banking license
Emirati digital banking startup Zand, which provides retail and corporate services ...
Banking & Finance -
HSBC Oman to hold talks on possible merger offer from Sohar Intl
HSBC Bank Oman said on Sunday it would hold preliminary talks with local rival ...
Banking & Finance -
Saudi PIF buys 23.97 percent stake in Jordan’s Capital Bank Group
Saudi Arabia’s sovereign wealth fund, the Public Investment Fund, said on Sunday ...
Banking & Finance -
MENA region supporting financial inclusion for persons with disabilities through tech
The Middle East and North Africa region has been supporting major digital ...
Middle East -
Jordan central bank raises interest rates
Jordan’s central bank raised the main interest rates by 50 basis points in line ...
Middle East -
UAE finance ministry to issue first tranche of federal treasuries
The United Arab Emirates’ finance ministry said on Thursday it will issue on May 9 ...
Gulf -
UAE top lender FAB posts record profit helped by stake sale
First Abu Dhabi Bank (FAB), the United Arab Emirates’ biggest lender, reported on ...
Banking & Finance
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Saudi al-Rajhi Bank reports 24 percent rise in Q1 profit
Al-Rajhi Bank, Saudi Arabia’s second-biggest lender, reported a nearly 24 percent ...
Banking & Finance -
The UAE introduces new polymer five and ten dirham notes
The United Arab Emirates’ central bank has introduced two new polymer banknotes ...
Gulf -
National Bank of Kuwait’s first-quarter profit surges 38 percent
National Bank of Kuwait, the country’s biggest lender, reported on Tuesday a first ...
Banking & Finance -
First Abu Dhabi Bank withdraws offer for Egypt's EFG Hermes
First Abu Dhabi Bank (FAB), the United Arab Emirates’ biggest lender, has ...
Banking & Finance
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First Abu Dhabi Bank gives initial price guidance on green bonds
First Abu Dhabi Bank gave initial price guidance of about 85 basis points over mid ...
Banking & Finance