BANKING

February 12, 2019

NBK awarded ‘Top 10 GCC Businesses Award’ by SCCI

KUWAIT: National Bank of Kuwait (NBK) National Bank of Kuwait was awarded “Top 10 GCC Businesses Award” by Sharjah Chamber of Commerce and Industry (SCCI). The award is in recognition of the bank’s efforts, vital role and positive contributions in promoting the private"...

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February 7, 2019

Deputy Amitiq meets with governor of central bank and directors of commercial banks

Tripoli, 6 February 2019 (Lana) Deputy at Presidency Council, Ahmed Amitiq met Wednesday with governor and head of departments of Central Bank of Libya and several directors of commercial banks.

The"...

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February 6, 2019

Bank lending leading financing tool for large projects in GCC

KUWAIT: During his participation at the Fifth GCC Energy Strategy Forum held in Kuwait, the General Manager of Foreign Corporate, Oil and Trade Finance Group of the National Bank of Kuwait, Pradeep Handa, said that bank lending remains the leading financing tool for large projects in the"...

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February 6, 2019

Kony Helps CFG Bank Deliver Digital-First Banking

(AETOS Wire)-- Kony, Inc., a leading provider of digital banking solutions, and CFG Bank, an innovator in retail commercial banking in Morocco, today announced their collaboration on CFG Bank’s digital banking application. With customers expecting a simple yet robust digital banking experience, CFG Bank has selected Kony to partner on its long-term digital transformation strategy built on the pillars of simplicity, transparency and sustainable customer relationships. Central to that strategy is CFG Bank’s dynamic app built on Kony’s digital banking platform, Kony DBX, which provides a more modern digital banking experience.......

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February 5, 2019

Qatar's QNB withdraws from Libya's Bank of Commerce & Development

The Bank of Commerce & Development announced that it has acquired the foreign partner's share in the bank, Qatar National Bank (QNB) at 49% of the total shares.

The bank clarified in a statement that the"...

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February 5, 2019

Afreximbank provides Tunisia with 2 lines of credit of $ 800 million

(TAP) - The African export-import bank (Afreximbank) has opened two lines of credit with a total value of $ 800 million (the equivalent of 2.4 billion dinars) for Tunisia, the Prime Ministry said in a statement Monday.

The"...

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January 30, 2019

Third Middle East and Africa Fintech Forum in Bahrain

The Third Middle East and Africa Fintech Forum announces that some of the world’s leading figures, academic thinkers and innovators in disruptive technology will be speakers at the region’s premier FinTech conference, which is held in Bahrain on February 20-21 under the patronage"...

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January 29, 2019

The World Bank team met in the Ministry of Planning a number of sectors

Minister of Planning of the National Government of Accord met at the headquarters of the Ministry of Planning in Tripoli, the World Bank team headed by the responsible official for North African and Maghreb region of the World Bank.

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January 24, 2019

Governor of Central Bank of Libya Meets Chief of World Bank Middle East and North Africa.

Tripoli, 23 January 2019(Lana) The Governor of the Central Bank of Libya Al Sidiq Al Kabir has met the Chief of World Bank Middle East and North Africa Marie Francois, and the Bank's Libya Representative Michael Shiffer.

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January 24, 2019

PC: Banks in southern region receive new batch of cash

Spokesman of the Presidential Council's head, Mohammed El Sallak confirmed the arrival of new batches of cash on Monday to several areas in the southern region, including Ubari and Murzuk.

El Sallak explained"...

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