Gulf Times - banks
Banks need to revamp cross-border business amid rising competition: BCG

Banks need to revamp cross-border business amid rising competition: BCG

Banks need to revamp their cross-border business as competition emerges in cross-border payments space; Boston Consulting Group (BCG) has said in a report.

Barwa Bank rebrands into Dukhan Bank; eyes ambitious business and digital transformation

Barwa Bank rebrands into Dukhan Bank; eyes ambitious business and digital transformation

The rebranding announcement comes nearly a year after the official completion of the legal merger between Barwa Bank and IBQ.

Provisioning costs rise to QR4.1bn in H1 as Qatari banks build pandemic-related buffers: Moody's

Provisioning costs rise to QR4.1bn in H1 as Qatari banks build pandemic-related buffers: Moody's

Qatari banks’ provisioning costs have risen as they have built pandemic-related buffers with provisioning increasing to QR4.1bn in H1, 2020, Moody’s Investor Service has said in a report.

Qatari banks' first-half profit 'strong' despite higher provisioning: Moody's

Qatari banks' first-half profit 'strong' despite higher provisioning: Moody's

Qatari banks continue to have strong income-generating capability with their first half profit remaining strong despite higher provisioning costs related to the coronavirus outbreak, Moody’s Investor Service has said ...

Qatar banks investing in AI-powered protections to filter malware, phishing threats: KPMG

Qatar banks investing in AI-powered protections to filter malware, phishing threats: KPMG

Banks in Qatar are starting to invest in artificial intelligence-powered protections to filter malware and phishing threats as they are considered to be at the forefront of all businesses in terms of e-services ...

Qatar shares edge lower to settle below 9,200 on banks, industrials

Qatar shares edge lower to settle below 9,200 on banks, industrials

The Qatar Stock Exchange on Wednesday lost 72 points to settle below 9,200 levels, mainly dragged by banks and industrials equities.

Banks ‘key enablers’ to successful restart of local economy: QIB chief

Banks ‘key enablers’ to successful restart of local economy: QIB chief

Banks in Qatar are acting as key enablers for the successful restart of the local economy, supported by the Governments’ stimulus programme and QCB’s initiatives, says QIB chief executive officer Bassel Gamal.

Qatar banks post more than 9% jump in total assets in March: QCB

Qatar banks post more than 9% jump in total assets in March: QCB

The credit line of Qatar's commercial banks, especially for the private sector, appears to be strong, thus helping in a more than 9% year-on-year growth in their total assets in March 2020 ...

Indian property slump leaves beleaguered banks exposed

Indian property slump leaves beleaguered banks exposed

India might have thought the worst of a bad loans crisis was past, but a severe cash crunch in the real estate industry could augur fresh strife for its banks.

SME accounts surpass general credit accounts in Qatar banks in 2018: QCB

SME accounts surpass general credit accounts in Qatar banks in 2018: QCB

The number of credit accounts opened by "small business and individuals" bettered all credit accounts opened by Qatar's banking sector last year, a Qatar Central Bank report has shown.

QCB announces Eid holidays for banks

QCB announces Eid holidays for banks

Qatar Central Bank (QCB) has announced that Eid al-Adha holidays for all banks operating in the country will start on Sunday, August 11.

Eid holidays for banks and financial institutions

Eid holidays for banks and financial institutions

Banks and financial institutions will have their Eid al-Fitr holidays for three working days from June 4, and will resume normal operations ...