Recent Posts

ABG net profits up by 4%

Manama / Emirates Business The Bahrain-based leading Islamic banking group, Al Baraka Banking Group B.S.C (ABG), announced that its total operating income reached one billion dollars in 2015 for the first time since the start of the Group activities 12 years ago due to continued growth in income-generated business at all the Group units, while the net income for the ...

Read More »

Bank Sohar wins STP recognition from JP Morgan

Muscat / EMIRATES BUSINESS Marking its third award of the year, Bank Sohar was recently recognised as one of the best ‘Straight Through Processing’ (STP) banks in Oman by JPMorgan Chase Bank, National Association, a subsidiary of JPMorgan Chase & Co. and a globally renowned financial firm. Award was handed over to Bank Sohar at its headquarters in MBD by Karim ...

Read More »

Smartphones to replace cards at bank machines

Washington / AP Here’s another use for the smartphone as it invades daily life: in place of your debit card at your bankcash machine. The “cardless” automatic teller machine (ATM) is gaining ground in the US and around the world, with smartphone technology allowing for speedier and more secure transactions. Dozens of US banks are installing new ATMs or updating ...

Read More »
Send this to a friend