Banking & Finance
November 19, 2012
Emirates NBD announced the winners of its special 2012 Auto Loan promotion, which gave borrowers a chance to win prizes while also enjoying low interest rates to buy their dream cars.
November 18, 2012
The Saudi arm of Barclays bank has denied allegations that it made "illegal payments" to win banking licenses in Saudi Arabia, after reports surfaced last week that the US authorities were investigating such claims.
The six-month campaign, across the UAE, counselled thousands of distressed expatriates, branding the initiative a success. The message reached out to over 1,000,000 people.
IBQ was honoured with the coveted Straight Through Processing award presented by Commerzbank.
The National Bank of Abu Dhabi has been selected by judges at The Banker & Professional Wealth Management Magazine as the “Best Private Bank in UAE for 2012”.
November 14, 2012
Saudi Arabia is well-placed to play a crucial role in the development of Islamic finance since the largest Islamic banking institutes are based in Gulf Cooperation Council (GCC) countries.
Arab Bankers Association chose Michael Tomalin as the first recipient of the distinguished service award to Arab Banking and as such the Arab Bankers Association Banker of the Year.
First Gulf Bank launched its ‘Diabetes Care’ Plan today, on the occasion of World Diabetes Day.
November 13, 2012
First Gulf Bank signed a new three year USD 900 million senior unsecured Term Loan Facility with a group of international banks.
Al Hilal Bank was bestowed the Golden Order of Merit in Wise Banking Management at the 2012 Tatweej Academy Excellence Awards held recently at the Armani Hotel in Dubai’s Burj Khalifa.
In line with the efforts of The Ministry of Finance, to further enhance electronic payment systems at the federal government level, the ministry will be signing a number of agreements with service providers.
Joining an initiative launched by President His Highness Sheikh Khalifa Bin Zayed Al Nahyan to settle the debts owed by UAE citizens, four more banks operating in the country signed on agreements with the Debt Settlement Fund for UAE nationals
November 12, 2012
Abu Dhabi Islamic Bank announced it has successfully issued the world’s first Shari’a- compliant hybrid tier 1 sukuk and the region’s first publically issued perpetual and tier 1 instrument.
November 11, 2012
Gulf Finance House announced its third quarter financial results for 2012.
Emirates NBD Priority Banking renewed its support of the awareness campaign for breast cancer.