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ENBD marks branch-focused 50th yearUAE-based Emirates NBD, a leading bank in the region, inaugurated its retail branches-focused 50th anniversary celebrations, at the head office branch. The programme started with a cake cutting ceremony attended by Hesham Al Qassi More… |
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Iraq Trade Bank to expand into Lebanon, TurkeyState-owned Trade Bank of Iraq (TBI) plans to expand its domestic presence as well as open branches in Lebanon and Turkey to tap growing trade between the countries, the bank's top executive said on Thursday. The bank, set up More… |
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GCC firms 'can open Bahrain branches'Bahrain’s Shura Council has approved the bill that allows companies owned by GCC nationals to open branches in the kingdom in a move to help develop businesses and diversify sources of income. Under the bill, GCC companies w More… |
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RBS tries to find fresh suitors for branch networkRoyal Bank of Scotland has sent sales documents to prospective buyers of the branches it is being forced to sell, in the hope it can draw up a shortlist next month, sources said. Information was despatched this week to trade buyer More… |
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StanChart guarantees 8-minute teller serviceStandard Chartered recently introduced a new service across six of its branches in the UAE that guarantees teller service within an eight minute time frame. The ‘8-minute teller service guarantee’ will be rolled out to More… |
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Al Baraka net income jumps 10pc to $183mLeading Bahrain-based Islamic bank, Al Baraka Banking Group, achieved a net income of $183 million in the first nine months of the year, an increase of 10 per cent on the first nine months of last year. The continued expansion in More… |
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KHCB plans 3 new branches in BahrainBahrain-based Khaleeji Commercial Bank (KHCB), a major Islamic retail bank, will open two fully operational branches in the kingdom shortly, with plans for a third to be announced soon. “KHCB’s increased presence across Bahrain emphasizes More… |
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Al Baraka sees 50 more branches in 2012Al Baraka Banking Group will pursue its growth strategy up to 2016 and expect to open a further 50 branches this year as it continues to expand, said the bank’s president and chief executive Adnan Ahmed Yousif said 2012 had started well, s More… |
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Bahrain to allow Gulf firms to open branchesBahrain’s Cabinet yesterday (March 18) asked authorities concerned to draw up a draft law which allows companies owned by Gulf nationals to open branches in Bahrain. This is in line with a landmark decision taken at the 2010 GCC summit in More… |
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Emirates Money to open new branchesEmirates Money, a consumer finance company and wholly owned subsidiary of Emirates NBD Group, will double its branch network in the UAE, with three new branches in Dubai in 2012. The announcement follows approval from the UAE Central Bank More… |
