Wednesday, September 18, 2019

Bank Nizwa reports 64% growth in net profit for Q2 2019

Bank Nizwa has reported OMR 4.3 million in net profit representing a 64% growth after tax for the period ended 30 June 2019, making...
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Credit Suisse Defies Bank Gloom With New Money, Trading Beat

(Bloomberg) -- Credit Suisse Group AG brushed off the gloom in European bank earnings as wealthy clients added new money and revenue from securities trading...
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New Age Banking Awards 2019 presented at NABS Dubai on 30th...

BusinessLive Middle East’s New Age Banking Summit and Awards 2019, held on 30th July at Armani Hotel Dubai received an overwhelming response. The summit...
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New Age Banking Summit, Dubai 2019: Digital Transformation in Banking &...

BusinessLive Middle East’s New Age Banking Summit 2019 drew an exceptional response from the banking and fintech sectors. Held on 30th July at Armani...
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New Age Banking Summit 2019: What’s Next for the Banking Sector?

The banking sector is going on phenomenal change, giving banks and financial institutions an opportunity to relook at its business models and launch new,...
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Oman’s Banking & Finance Sector Outlook

Oman's banking sector remained strong while supporting the growth of diversified economic activities in the Sultanate in 2018. The credit extended by ODCs (conventional...
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How Data Fabric is Helping Banks Against Data Challenges in the...

Gartner predicts that a whopping 80% of traditional banks will go out of business by 2030. The financial services industry is at the cusp...
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Abu Dhabi’s ADCB Quarterly Profit Drops 11% on Cost of Funding

(Bloomberg) -- Abu Dhabi Commercial Bank, which completed a three-way merger in May, reported an 11% decline in second-quarter profit as the cost of funds...
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New Age Banking Summit 2019 to Convene Most Powerful Industry leaders

BusinessLive Middle East’s New Age Banking Summit, Dubai 2019 will convene the most powerful finance and industry leaders for candid conversations about the important...
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FAB Shares Gain as Bank Seeks to Remove Foreign Ownership Limit

(Bloomberg) -- First Abu Dhabi Bank's board proposed removing the foreign ownership limit after the United Arab Emirates started loosening rules to attract international investors....
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