Banking & Finance

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"Annual credit growth is likely to be closer to 14-17% y-o-y"
May 21, 2013 - 10:11 GMT
Qatar’s banks’ credit is likely to grow by 14% to 17% year-on-year (y-o-y) in 2013, much lower than the average 27% expansion seen in the previous two years, according to a Barclays study.

March 20, 2012

Fawzi Dajani, NBK London CEO
10:37 GMT

National Bank of Kuwait International (NBK London) provides real estate services in London to allow customers to easily own, rent and lease properties with legal consultations in the UK.

During the event
10:29 GMT
(press release)

Royal Ranches Marrakech has recently received a delegation representing some of GFH’s board members to assess progress on the development.

One NBAD Tower, the Bank Head office in Abu Dhabi
09:32 GMT

The National Bank of Abu Dhabi (NBAD), the Number One Bank in the UAE, is lead sponsor of the UAE Global Investment Forum to be held on Wednesday March 21st, 2012, in Emirates Palace in Abu Dhabi.

Lending is likely to remain muted in the UAE as banks are likely to keep large liquidity buffers to meet any contingencies
07:32 GMT

UAE is expected to experience a continued credit squeeze although the local banks have reported a significant reduction in the non-performing loan (NPL) ratios.

March 19, 2012

Arshad Khan, Managing Director and Chief Executive Officer of the BFX
12:47 GMT

The Bahrain Financial Exchange is pleased to announce the launch of a series of educational workshops titled Understanding the Financial Derivatives Markets from Theory to Practice for university students in the Kingdom of Bahrain.

Haneen Al Rumaihi, Head of Marketing Unit at Burgan Bank
09:23 GMT
(press release)

Burgan Bank announced the launch of a new innovative rewards discount scheme that aims at providing more value to its Premier Banking customers experience.

During the media roundtable
05:49 GMT
(press release)

The UAE and South Korea exemplify the growth of Middle East-Asia trade and investment flows and the evolution of relationships between the two regions, according to Standard Chartered executives.

March 18, 2012

During the NBF Annual Ordinary General Meeting
10:30 GMT
(press release)

National Bank of Fujairah held its Annual Ordinary General Meeting today at Al Diar Siji Hotel in Fujairah, United Arab Emirates.

Shaker Zainal, Head of Distribution, Mashreq
09:43 GMT

Building on the success of the UAE’s first ever initiative to open account and issue chip-enabled debit cards in just 30 minutes, Mashreq announced the extension of its instant banking service to 15 branches.

NCB Capital
09:18 GMT

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
08:55 GMT
(press release)

Al Ansari Exchange has announced a new partnership with Islamic Finance House across its branches whereby IFH will issue labour guarantees for companies.

NBK
08:16 GMT

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+”.

The cash is needed to help to bolster confidence in the economy and shore up the government's increasingly shaky finances
08:13 GMT

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.

Faisal Aqil, General Manager-Retail Banking, Emirates Islamic Bank
06:56 GMT
(press release)

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.

Hany Samir, the Head of Custody and Co-Head of Fund Administration Services at NBAD
06:34 GMT

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.