Driven by a significant 59.3% q-o-q reduction in impairment charges and an 18% q-o-q rise in net fee and commission income, the overall operational Read More
Shareholders Okay Emirates NBD to Buy Emirates Islamic Bank
Decks have been cleared for the Emirates NBD Bank (ENBD) to acquire 100% ownership of the Emirates Islamic Bank (EIB) as neither of Read More
OCBC Supports Great Eastern’s Plans to Delist from SGX
The Singapore-headquartered Oversea-Chinese Banking Corporation Limited (OCBC) on Friday said, at the request of Great Eastern Holdings Limited (GEH), that it will Read More
Singaporean Banks To Fund New Data Centre in Indonesia
As part of ongoing efforts to expand Southeast Asia’s digital infrastructure, two Singaporean banks - DBS and UOB - on Thursday Read More
Reflecting strong investor confidence in the Bank’s financial strength and long-term growth strategy, Bahrain-based Al Salam Bank has announced the successful Read More
DAE Secures $300 Million Loan From Bank of China
Dubai Aerospace Enterprise (DAE) has signed a three-year, $300 million unsecured loan facility with Bank of China (Dubai Branch), Bank of China (London Read More
ADB to provide $24 Billion to ASEAN Till 2028
The Manila-headquartered Asian Development Bank (ADB) plans to provide an estimated $24 billion in support for Southeast Asia over the next three years, Read More
Underpinned by stable net interest margins and better asset quality as well as disciplined cost management, Malayan Banking Bhd (Maybank) on Monday Read More
Emirates NBD Bank, the second largest lender in Dubai, on Tuesday said that it has received an in-principle approval from Reserve Bank Read More
In confirmation of the UAE’s robust economic fundamentals, two major banks in the UAE- First Abu Dhabi Bank (FAB) and Abu Read More











