Resolving bank fraud a lengthy process for UAE customers

SuzIf you fall victim to credit card or bank account fraud, it can take several months for the bank and card issuer to investigate. And, as two victims who wrote into The National found, you have to foot the bill, however large, until that investigation is ... ( read original story ...)

Islamic banks and Takaful sectors likely to witness more mergers

Dubai: The high-profile merger of National Bank of Abu Dhabi (NBAD) and First Gulf Bank (FGB) in the UAE last year had triggered a number of unconfirmed reports of impending bank mergers across the GCC, however, most of these reports were eventually denied ... ( read original story ...)

Strong banking sector to support credit growth

Dubai: Kuwait’s banking sector is well regulated and has remained sound and credit conditions favorable amid challenging economic conditions. In the first half of 2017, credit to the private sector recorded healthy average growth, after taking a hit in ... ( read original story ...)

Digital bank Mashreq Neo unveiled in the UAE

Mashreq Neo is targeted towards the connected generation who are digitally savvy, use mobile devices extensively, and will immerse users in a brilliant digital experience. “With the launch of Mashreq Neo, we have entered a new era in the digitisation of ... ( read original story ...)