#bank

Cloud

World’s first cloud-native platform for banks launched in the UAE

The platform enables transaction banks to accelerate their digital transformation on cloud and onboard their SME and corporate clients in weeks rather than months

Abu Dhabi Commercial Bank recommends Dhs1.878bn in cash dividends for 2020

The dividend payout equals to 49 per cent of the lender’s net profit for 2020

Saudi police nab man who stole SAR25,5000 from a bank using ‘fake’ gun

The perpetrator allegedly stole the amount after threatening a bank employee that he would harm a customer with a gun

Mashreq-Bank

Dubai bank Mashreq may move nearly half its jobs to cheaper hubs

The relocation plan is expected to be completed in three phases by October this year

LLB_Headquarters_Vaduz

Here’s how European private bank LLB is looking to grow in the GCC

Gulf Business speaks to Ludovic Pernot, head of Private Banking Middle East at LLB, on the Covid crisis and plans ahead

Dubai’s Emirates NBD lists $750m bond on Nasdaq Dubai

The perpetual bond is callable after six years and pays a coupon of 6.125 per cent