Banking & Finance
March 18, 2012
NCB Capital, Kingdom’s largest asset manager and leading wealth management company, expects that loan growth for Saudi banks to continue strong in 2012 as they focus on retail lending.
Al Ansari Exchange has announced a new partnership with Islamic Finance House across its branches whereby IFH will issue labour guarantees for companies.
Capital Intelligence affirmed National Bank of Kuwait’s (NBK) long and short-term Foreign Currency Ratings at “aa-“ and “a1+”, respectively, and its Financial Strength Rating (FSR) at “a+”.
IMF officials arrive in Cairo today as the Egyptian government seeks to seal a US$3.2 billion (Dh11.75bn) loan to help to stave off a fiscal crisis.
Emirates Islamic Bank announced the launch of a special housing finance campaign for customers who would like to own their dream home in “Jumeriah Park” or already own a property within the development.
The National Bank of Abu Dhabi after successfully co-sponsoring the Middle East Securities Forum last year in Oman, is once again main co-sponsor to welcome Custody forum.
Burgan Bank announced today that it has launched an online customer satisfaction poll in coordination with Service Hero Company, which aims at measuring the bank’s customers’ satisfaction levels.
The National Bank of Abu Dhabi, the Number One Bank in the UAE, has re-launched its Mobile Phone Application, the one-touch banking is available for Android, BlackBerry, iPhone and all smart phones.
Al Hilal Bank, a progressive Islamic bank, has opened the Dubai Auto Festival, the inaugural Dubai edition of the bank’s 4th Annual Auto Festival on March 15, 2012.
March 14, 2012
IBQ spoke yesterday to an elite group of Spanish businessmen sharing key insights on Qatar’s banking sector and discussing business and industry opportunities for the future.
Contrary to all market expectations, the plans to issue the first federal sovereign bond have been deferred for at least two years.
The National Bank of Abu Dhabi's annual general meeting (AGM), held today at the Emirates Palace in Abu Dhabi, approved the distribution of 30% cash dividends and 35% bonus shares to shareholders.
March 13, 2012
Al Hilal Bank, a progressive Islamic bank, has announced that it will be bringing its renowned Auto Festival to Dubai from March 15 to 18, 2012 at the Jumeirah Beach Residence.
Dubai Bank announced that it has won two awards at the 6th Annual Stevie Awards for Sales & Customer Service.
Dana Women’s Banking, Abu Dhabi Islamic Bank’s specialized banking division that caters exclusively to women in the UAE, announced that it is sponsoring the Women as Global Leaders 2012 conference.