Gulf banks see record profits as region’s net interest income increases
With a 6.3% increase in net interest income to USD 2.5 billion, Kuwaiti banks led this growth...
Category : Banking
VIB dominates Vietnam’s credit card market with diverse product range
VIB pays special attention to creating a superior cashless shopping experience for Vietnamese travellers...
Central Bank of Nigeria continues to enhance foreign exchange market liquidity
According to a recent bank statement, the Central Bank of Nigeria's policy goals are to support market confidence and produce observable outcomes...
Dubai’s Emirates NBD beats 2024 Q2 profit estimates, rebrands private banking unit
At the end of the 2024 second quarter, Emirates NBD's total assets increased to 931 billion dirhams, up 15% from 2023, while lending increased by 6% during the first half of the year...
MB Bank advances ESG strategy with green credit initiatives
MB Bank's brand reputation continues to be affirmed in prestigious rankings and awards both domestically and internationally...
Saudi banks’ credit profiles remain strong amid high oil prices
Saudi Islamic banks have a strong position in the banking industry thanks to their larger retail franchises, which enable them to offer superior asset quality, reduced funding costs, and higher margins...
CBQ: Spearheading Qatar’s digital banking solutions
Commercial Bank of Qatar is the market leader in bringing cutting-edge technology to its customers...
IF Insights: Central Bank of Egypt’s prudent monetary policies lead to stability & growth
Establishing itself in January 1961, the Central Bank of Egypt replaced the National Bank of Egypt in note issuance and central banking operations...
BOJ will approach inflation-targeting frameworks cautiously, clarifies Governor Kazuo Ueda
According to Kazuo Ueda, the long period of nearly zero short-term interest rates in the Bank of Japan over the previous three decades makes it particularly difficult to determine a neutral interest rate...
UBS marks first profit since Credit Suisse takeover, to go ahead with proposed job cuts
In August 2023, UBS said it would axe 3,000 jobs in Switzerland alone after swallowing up its stricken rival Credit Suisse, a move expected to help the bank make significant cost savings...