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RESULTS

BMI Bank reports first quarter profit of ...

 

Press Release

• Excellent capital adequacy ratio at over 19%
• Customer deposits grow to USD 1.47 billion; Flagship product – Ayadi grows by 16% during the quarter

May 4th, 2013, Manama, Bahrain: Bahraini retail and commercial banking institution, BMI Bank today reported a net profit of USD 0.9 million (BD 0.34 million) for the first quarter of the year ended 31 March 2013, an increase ...

 

 

   

PEOPLE

Deutsche Bank appoints Harold Leenen as ...

 

Press Release

Dubai, May 1, 2013 - Deutsche Bank announced today the appointment of Harold Leenen, 47 as the regional head of Global Transaction Banking (GTB) for the Middle East and Africa (MEA).

DATA

NFI in GCC Markets

Banks in the Gulf Cooperation Council (GCC) rely on income from interest or the special commission to generate profits. Although the net fee and commission income (NFI) is not a prominent income factor for the banks in the GCC countries, but it cannot be ignored as well. NFI holds significance for some of the banks of the GCC markets.

 

 

COUNTRIES

 

CHANNELS & DISTRIBUTION

Standard Chartered unveils Digital ...

Press Release

Bank Launches innovative Mobile Banking application and inaugurates fifth Electronic Banking Unit

Digitisation’ aims to extend customer’s digital lifestyle into banking
• UAE is the first country in the Middle East where ‘Breeze’ is introduced
• Standard Chartered to launch series of online and mobile banking services in 2013
• Bank inaugurates fifth Electronic Banking Unit which ...

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