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Most Innovative Card of the Year, this award wins the Commercial Bank of Dubai (CBD) in the Seamless Middle East Awards ceremony 2019.
The Award was received by Dr.Bernd van Linder, chief executive officer, Amit Malhotra, general manager Personal Banking Group, and Sujai Raina, head of Cards and Payments. This Award was for the Signature Super Saver Credit Card which offers a 10% cash b
Emirates Islamic on Wednesday reported ninety-seven according to cent year-on-yr. Growth in first-sector internet earnings due to growth in core commercial enterprise. It's miles the best-ever increase achieved by the bank considering the fact that its inception in 2004.
In an assertion, the Islamic lender said internet profit rose to Dh411 million in January-March zone while internet e
Dubai's largest financial institution Emirates NBD on Wednesday said its first-zone 2019 internet earnings grew 15 percentage 12 months-on-12 months to Dh2.7 billion, supported by means of growth in total profits and advanced margins.
Total profits of Dh4.7 billion progressed 15 percent yr.-on-yr. because of the mortgage boom, an improvement in margins and better charge earnings.
In International Network common shares from its shareholders, Emirates NBD Bank has confirmed the sale of 127,474,500.
The foundation investment at an offer price of 435 cents per share, the sale has been transferred out through a trivial listing of Network International's shares on the London Stock Exchange and to MasterCard.
Retains 25.5% Stake in Network International
UAE banks are persevering with to set the bar with regards to technology adoption in the vicinity, with a brand-new focus on providing patron offerings thru Social Media Apps.
Dubai's biggest financial institution, Emirates NBD, and its Shariah-compliant unit, Emirates Islamic, have delivered 'WhatsApp Banking', which permits customers to test their account balances, the last 5 transact
The UAE banking enterprise is nicely-capitalized and stands on stable pillars, however still requires consolidation to emerge stronger on this aggressive technology with the aid of merging smaller units with principal economic organizations, specialists say.
They are saying. "price synergies, the desire to exploit economies of scale, diversify mortgage books and investment resources at
