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Category :Banks

Banks Business Companies Mergers and Acquisitions World

Nigeria’s Central Bank Okays Merger of Two Local Banks

Global Business Magazine September 2, 2025

Four years since beginning of merger talks, two Nigerian banks - Union Bank and Titan Trust Bank Limited – have secured the approval Read More

Banks assets Business Companies GCC

Qatari Banks’ Assets increase to $580 Billion by July-end

Global Business Magazine September 2, 2025

The total assets of commercial banks operating in Qatar increased by 6.5% to $580 billion trillion in July 2025, the Qatar Central Bank (QCB) official Read More

Business Banks Companies Mergers and Acquisitions World

Swedbank acquires Entercard for $273 Million

Global Business Magazine August 29, 2025

Nordic-Baltic financial group Swedbank has reached an agreement to fully acquire Entercard Group AB from Barclays Principal Investments Ltd, a subsidiary of Read More

Banks Bonds Business Companies GCC

FAB Issues Inaugural $50 Million Blue Bond

Global Business Magazine August 29, 2025

In a first of its kind by a financial institution in the GCC region, the Abu Dhabi-based First Abu Dhabi Bank (FAB), Read More

Banks Business Companies GCC Sukuk

Saudi Banks Look At Sukuk Issuance to Increase Buffers

Global Business Magazine August 28, 2025

Four Saudi banks – Saudi Awwal Bank (SAB), Banque Saudi Fransi (BSF), Alinma Bank, and Arab National Bank (ANB) on Thursday informed Saudi Read More

Banks Bonds Business Companies World

China To Issue Bonds Worth $1.75 billion in Hong Kong

Global Business Magazine August 21, 2025

The China’s Ministry of Finance will issue renminbi (RMB) sovereign bonds through the Central Moneymarkets Unit (CMU) of the Hong Kong Read More

Banks Business Companies Investments US

Truist Announce Five-Year Investment Plans in US

Global Business Magazine August 21, 2025

Charlotte-headquartered Truist Financial Corporation, a top-10 commercial bank with total assets of $544 billion as of 30 June 2025, on Wednesday announced its strategic growth Read More

Banks Business Companies Earnings GCC

Saudi Banks’ Net Profit Grew 18% Y-o-Y in H1

Global Business Magazine August 20, 2025

Led by strong performances from retail banks such as Al Rajhi and Saudi National Bank (SNB), Saudi Arabia’s banking sector’s Read More

Banks Business Companies World

China Hits Back at Europe, Sanctions two EU Banks

Global Business Magazine August 13, 2025

Irked at EU’s decision to list two Chinese banks for their links to Russia, China's Ministry of Commerce (MOFCOM) on Wednesday Read More

Banks Business Companies Earnings GCC

Dubai Islamic Bank Posts Revenue of $1.74 Billion

Global Business Magazine August 7, 2025

Dubai Islamic Bank (DIB) has showcased another robust performance in the first half of 2025, with an operating revenue of $1.74 billion, driving a 16% Read More