Sunday 5 July 2015
 
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AFS achieves certification for credit, debit platforms

Bahrain-based Arab Financial Services (AFS), a provider of electronic payments and consumer finance outsourcing services, has achieved the Payment Card Industry (PCI) Security Standards Council Certification 3.0 for its credit and debit platform

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Viva Bahrain unveils international credit transfer

Viva Bahrain is offering its prepaid customers a chance to transfer prepaid credit to their family and friends in their home country and receive free international calling minutes. This special Ramadan offer, enables Viva prepaid

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Etisalat, Assel offer 10GB free data to UAE businesses

Etisalat, the UAE’s largest telco and Aseel Islamic Finance, the islamic banking arm of FGB, have signed a partnerships deal to offer small and medium businesses (SMB) in the emirates 10GB free business data every month with subscription t

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Etisalat, Assel offer 10GB free data to UAE businesses

Etisalat, the UAE’s largest telco and Aseel Islamic Finance, the islamic banking arm of FGB, have signed a partnerships deal to offer small and medium businesses (SMB) in the emirates 10GB free business data every month with subscription t

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StanChart Credit card wins key award

The Standard Chartered Falconflyer credit card has been named winner of the 'Most Improved Payment Card' in the Middle East. This was announced at the Smart Card and Payments Awards ceremony at the Conrad Hotel in Dubai, s

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UAE loan demand growth moderating

Demand for credit in the UAE remains healthy but growth in demand for loans is moderating and credit standards for companies are tightening, the UAE central bank said on Sunday in its first-quarter credit sentiment survey. "S

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Gulf banks tighten credit for small firms as cheap oil bites

Banks are tightening lending conditions for small, private companies in the Gulf - a sign that the region's economies are not escaping damage from the plunge of oil prices. Mostly, the six rich nations of the Gulf Co-operation

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Bahrain to set up credit information centres

Bahrain is setting up credit information centres as part of efforts to streamline financial procedures and encourage funding solutions. The new bureaus will complement the work of banks and government-related financial departments

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KFH-Bahrain launches sharia-compliant credit card

Kuwait Finance House - Bahrain has launched "Visa Signature", a sharia-compliant credit card. It was launched after comprehensive study and research to identify the financial needs and lifestyles of KFH-Bahrain clients,

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UAE banks' profit growth may fall this year

Profit growth at banks in the United Arab Emirates (UAE) is expected to slip to 5-6 per cent in 2015 as macroeconomic challenges and the absence of big improvements in asset quality strangle lenders' earnings, Standard & Poor's said

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