Some of the many products and services offered to retail customers at the new branch include account opening, deposits, investment options, prepaid cards, a suite of credit cards and personal, auto and mortgage loans.
Burgan Bank has four majority owned subsidiaries: Gulf Bank Algeria - AGB (Algeria), Bank of Baghdad - BOB (Iraq), Jordan Kuwait Bank - JKB (Jordan) and Tunis International Bank - TIB (Tunisia), (collectively known as the "Burgan Bank Group").
The UAE bank reported a net profit of Dh141.3 million for the first six month period ended June 30, 2012 as compared to Dh55.7 million reported during the corresponding period in 2011. As a three month period of second quarter of 2012, the bank also annou
"The new entity now has one of the largest branch networks in the Sultanate, and will serve the needs of retail, corporate and institutional customers. With the successful completion of this transaction, customers can now benefit from both HSBC Group
Bank of Bahrain and Kuwait BSC plans to expand into India after obtaining licenses to open two branches with a target to add two more in the future, Alwasat reported, citing chief executive officer Murad Ali Murad.
Emirates NBD, Dubai's biggest bank by market value, posted a 13 per cent drop in second-quarter earnings, its fourth consecutive quarterly drop. The earnings fell as costs increased and the lender made further provisions on state-linked debt.
Bank Sohar has performed well in all key financial parameters. Net interest income jumped 19.51 per cent to RO20.009 million in the first half of this year, from RO16.742 million for the period ended June 30.
Ahlibank SAOG, the recently voted No1 Best Bank and No1 Best Performing Company in the Sultanate has announced its un-audited results for the six months ended June 30, 2012
As the operations and technology systems of two leading banking players, Oman International Bank and HSBC, gradually integrate to become one, customers will have access to a full range of award-winning retail banking and wealth management products and ser