Friday, January 19, 2018

Banking

Emirates NBD opens new branch in Muraqqabat

Largest branch in Deira to serve busy business district Offers Retail, Priority and Business banking services under one roof Emirates NBD, a leading bank in the...

DIB named top performer in UAE banking sector in latest YouGov...

Bank recognised as leader in quality, value for money and corporate reputation in BrandIndex poll Reflecting its unique heritage and focus on customer...

Leading Swiss Private Bank opens for customers in DIFC

Swiss Private Bank Vontobel launches Private Banking activities in Dubai

50% of IBQ customers now bank online

1. 50 per cent of bank clients actively logging on to ibqonline 2. Enormous uptake of secure, state-of-art, 24/7 service testament to simplicity and range...

‘Best Home Finance Company’ at Banker Middle East Industry Awards

Tamweel PJSC, the UAE Islamic home finance provider, announced today that it has been named the “Best Home Finance Company” at the Banker Middle...

Emirates NBD opens first Business Banking Centre in Sharjah

Emirates NBD, a leading bank in the region, announced today that it has extended its services to its Sharjah-based SME (Small & Medium sized...

Islamic Finance Reveals 2013 Deals of the Year, Best Islamic Banks

Islamic Finance announced the full results of the annual Deals of the Year and Best Islamic Banks Poll. In Deals of the Year the capital...

Dubai Islamic Bank wins Best Sukuk Bank and UAE Country Award...

1. Named best Islamic Bank in the UAE; best Sukuk Bank worldwide 2. Accolades recognize pioneering work in Sharia-compliant banking Dubai Islamic Bank (DIB) announced today...

UAE Central Bank’s governor calls for reduced interest rates on loans

Sultan bin Nasser Al Suwaidi, Governor of the UAE Central Bank has called on the banks operating in the country to cut interest rates...

DIB opens new branch in International City, 61st in UAE

1. 61 branches now operational in the UAE 2. Targets 64 UAE-wide branches by year end to meet increasing demand Dubai Islamic Bank (DIB) announced today...

IBQ named ‘fastest moving bank in the Middle East’ by The...

1. IBQ recognised for strength of Tier 1 capital 2. Underlines strong fundamentals of Qatari banking industry The Banker magazine, part of the Financial Times Group,...

Jordan Dubai Islamic Bank receives banking license

1.  Bank to begin operations with US$100 million share capital 2. Mesc Investments own 52 per cent stake in JDIB Dubai Islamic Bank (DIB) announced today...

Bank of Egypt waives charges on remittances in Egyptian Pound from...

All charges against money transfers from UAE to Egypt in Egyptian Pound through the branches of Bank of Egypt in the UAE have been...

Bank offers up to $5 million in mortgages for properties in...

Underscoring an emerging positive sentiment in the property market, Standard Chartered is...

Emirates NBD extends opening hours

In a move to provide its customers in Abu Dhabi with increased convenience, Emirates NBD announced today that two further branches have...

Emirates NBD launches online customer care platform

Provides dedicated webpage on bank website to channel customer feedback and enquiries New service to expedite review...

Ethica Institute Makes History at Mashreq Bank

For the First Time Ever, Bank-Wide Islamic Finance E-Learning is Now a Reality, Bringing the Still-Booming Islamic Finance Industry One Step Closer to the...

Commercial Bank International launches Home Loan

Commercial Bank International (CBI) today announced the launch of its new Home Loan product as part of its overall strategy to expand its product...

Dubai Islamic Bank receives “Best Call Centre Performance” Award for the...

Dubai Islamic Bank (DIB) has received the “Best Call Centre Performance” Award in the fourth Annual Service Quality Benchmarking Study, conducted by Ethos Consultancy,...

Mashreq’s Q3 net profit falls by 42%

Mashreqbank, Dubai's second-largest lender by market value, made a third-quarter profit of AED201 million ($54.72m), a 42 percent drop from a year earlier, after...

Punjab National Bank Granted License to Operate from DIFC

DIFC is Strategic Base for Bank's Middle East and Africa Operations Punjab National Bank (PNB), India's No.1 ranked nationalized bank, has received a license to...

UAE federal Government to move to 3-year budgets

UAE plans a big makeover with regard to its federal budget, like releasing budgets every three years instead of yearly one at present and...

Emirates NBD launches Jersey Offshore Deposits

Available across currencies and tenors Very attractive promotional interest rates available now Emirates NBD, the largest banking group in the...

Financial Stability Unit established by the Central Bank

According Zawya Dow Jones and Emirates Business 24/7, UAE's Central Bank has set up a new task force to help the country’s financial industry...