KPMG | News | Financial Services

An overview of KPMG news in the Middle East in the Financial Services industry:

KPMG delivers training to compliance officers of Bahraini banks Experts from KPMG have delivered a training program to compliance officers of Islamic banks in Bahrain.
23 November 2022
Payments-focused fintechs offer opportunities for banking The rise of new payment services and technology providers has been nothing short of disruptive, driven by an era of consumer centricity, and accelerated by the Covid-19 pandemic.
25 August 2022
The role of banks in financial literacy and savings consciousness In the wake of swift technological advancements, the continued growth of middle-class income and the role of social media, the world is witnessing a growing spending culture.
18 July 2022
UAE retail banks fail to meet online customer service expectations Retail banks across the United Arab Emirates continue to struggle with curbing customer complaints on online channels, according to the latest Banking Sentiment Index conducted by KPMG in partnership
27 June 2022
Tadawul-listed banks continue their solid performance (in 5 charts) Tadawul-listed banks have continued their solid performance over the past quarter, according to KPMG Saudi Arabia’s latest Banking Pulse report.
06 December 2021
UAE banks need to step up their customer service game Banks in the UAE have struggled to manage the sudden and widespread shift to online customer service over the last year. This is according to a new study by KPMG and BrandsEye.
20 August 2021
Platform banking: the imperative to reshape the business model Banks are facing stiff competition from challengers that have been quick to adopt innovative technologies and embed them into the heart of their operations.
18 August 2021
Six trends sweeping through Middle East's insurance industry Global accounting and consulting giant KPMG has released the latest edition of its ‘Future of Insurance’ report for the Middle East.
05 August 2021
How a new way to think about ESG can create value for banks Governments around the world are rapidly evolving laws and regulations to stimulate the adoption of environmental, social and governance (ESG) practices.
20 July 2021
Future of Saudi banking demands digital maverickism The rapid growth of fintech and the consequences of the Covid-19 pandemic have accelerated the demand for a strong digital leadership for banks, necessitated by both customers who require a touchless
22 June 2021
Accompany banking digital transformation with a people strategy The new digital-first ways of conducting business in the banking industry create a knowledge gap that must be bridged.
18 May 2021
Strategic imperatives for UAE banks amid pandemic-stricken change Innovation, digitalization, customer-centricity, compliance and better management of cost and risk are some strategies that banks in the UAE can employ – as they emerge from a year of shrinking profi
12 April 2021
Saudi Arabia's banking sector is ripe for further consolidation M&A activity in Saudi Arabia’s banking market is anticipated to continue to unfold in 2021. Ali Maabreh, Head of M&A at KPMG in Saudi Arabia, outlines why the sector appears to be ripe for further consolidation.
01 April 2021
How Saudi Arabia’s Tadawul-listed banks fared in pandemic-hit 2020 In a new report by KPMG, the firm’s financial services experts have cracked the numbers on the audited 2020 financial results of Saudi Arabia’s eleven Tadawul-listed banks, shedding light on how the
22 March 2021
KPMG leaders on Saudi's Q3 banking sector performance KPMG Saudi banks has released the third quarter edition of its ‘Banking Pulse’, a quarterly study that sheds lights on the key trends and financial developments in the Kingdom’s banking industry.
14 December 2020
A&M, KPMG and Oliver Wyman start work at Banque du Liban Two months after announcing the deal, consultants and auditors from Alvarez & Marsal, KPMG and Oliver Wyman have finally hit the ground running in Beirut.
19 October 2020
How banks and insurers in Saudi Arabia are faring during Covid While Covid-19 has understandably had a significant impact on Saudi Arabia’s financial services industry, the banking and insurance sectors have proven resilient this year.
07 October 2020
Investor appetite in Middle East’s FinTech sector remains strong An increasingly vibrant hub for tech startups, the Middle East is drawing significant early stage investments in the FinTech space, according to a new global report from KPMG.
17 September 2020
Lebanon calls in trio of leading management consulting firms The Lebanese government has hired a trio of leading management consulting firms to audit the country’s embattled central bank.
22 July 2020
Restructuring in Saudi Arabia: Imperative or an opportunity? Regardless of which school of economics you belong to, the consensus in the 21st century is that the economic prospects of a country lie primarily in its ability to offer entrepreneurs and business o
06 May 2020
Saudi banks should embrace fintech strategies and collaborate The number of fintechs emerging in Saudi Arabia’s financial services landscape is changing the face of the banking industry.
23 March 2020
GCC states missing from annual Deloitte and KPMG tech lists The Big Four professional services firms Deloitte and KPMG have released their annual tech and fintech benchmarks – with firms from the GCC failing to make an impact.
20 November 2019
ADGM launches Abu Dhabi Fintech Awards in collaboration with KPMG Abu Dhabi Global Market has launched the FinTech Abu Dhabi Awards – with applications open until the 23rd of September.
04 September 2019
MENA Fintech Association launches with KPMG among founders A number of organisations have come to together to launch the MENA Fintech Association – with KPMG among the corporate founding members.
27 June 2019
KPMG and ADGM fintech innovation challenge finalists to showcase in a fortnight The second edition of the FinTech Abu Dhabi Innovation Challenge hosted by KPMG and the Abu Dhabi Global Market will reach its culmination in under a fortnight, with start-up contenders this year pai
04 September 2018

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