Banking news in the Middle East | Page 3

An overview of news, trends and research in the Banking industry in the Middle East:

Cedar Consulting helps banks with business process re-design Cedar Consulting has an extensive track record in helping clients with re-engineering their operating models and business processes.
26 July 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
Tobias Schönberg relocates to Roland Berger's Dubai office One of Roland Berger’s more senior partners in Europe – Tobias Schönberg – has joined the Middle East team, relocating from his native Germany.
14 July 2021
Cybersecurity considerations for banks in a digital world In the wake of sudden and massive remote working environment accelerated by the Covid-19 pandemic, cybersecurity has been placed among the top concerns of banking executives.
30 June 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
Meeting UAE's new Consumer Protection Standards for banks The UAE’s Central Bank issued a set of Consumer Protection Regulations and Standards in the first quarter of 2021 – to ensure that licensed financial institutions provide safe and responsible service
31 May 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
Abu Dhabi Global Market partners with OCO Global for US FDI OCO global is set to help US-based businesses invest in Abu Dhabi Global Market (ADGM) – an international financial centre home to nearly 3,000 global businesses and $85 billion in assets under manag
19 March 2021
Seven essentials to digital transformation in banking Digitalisation is top of the agenda for banks across the world, although implementing a successful transformation has its challenges.
09 March 2021
PwC's Experience Centre hosts region's top FinTech start-ups A cohort of eleven start-ups has graduated from a FinTech bootcamp, with the grand finale hosted at PwC’s Dubai based Experience Centre.
03 March 2021
Open banking can transform payments scene in Saudi Arabia With open banking going into effect next year in Saudi Arabia, incumbent banks may lose their tight control of customer data and their near monopoly over payment services.
25 February 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
Top US consultancy withdraws from 'crucial' central bank work Alvarez & Marsal has exited its role as consultant to Lebanon’s central bank, after a sustained standoff saw the financial institution withhold data citing bank secrecy.
26 November 2020
Eight technology trends that will disrupt the banking industry Technology is rapidly transforming the way how banks operate and how they serve their customers, and becoming a key enabler of competitive edge.
19 November 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
Lebanon's FFA Private Bank teams up with Ankura FFA Private Bank, a Lebanese bank specialised in capital markets and wealth management, has teamed up with global management consultancy Ankura to launch a new offering for the country’s banking indu
11 August 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
One fifth of Middle East bank holders now use FinTech solutions A Deloitte survey across nine key markets in the Middle East has found that despite a growing willingness to adopt FinTech solutions, only just over 20% of banking services customers currently use Fi
08 July 2020
Women in the Middle East will soon hold $1 trillion in wealth Women in countries across the Middle East are getting wealthier.
16 June 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
Oliver Wyman warns of coronavirus hit to banking in Middle East Management consultancy Oliver Wyman has warned of the impact of coronavirus on banks, which will have a bearing on corporate and personal finance in Dubai and the Middle East.
16 March 2020
Financial crime on the up in the Middle East, shows PwC survey Fraud and financial crime is on the rise in the Middle East, according to the latest survey from professional services firm PwC, but there may be some broader local issues hidden in the data.
06 March 2020
Synechron on board for Banking Innovation Summit in Dubai The 9th Annual Middle East Banking Innovation Summit kicks off this week – with global tech advisory Synechron among the event sponsors.
02 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
Emerging market banks need to act now to attract less loyal millennials With young consumers increasingly favouring online banking, banks can gain considerable advantage from digital tools says a new Oliver Wyman report, but challenges remain.
12 June 2019
Kuwait and Morocco complete first cross-border blockchain securities settlement
23 April 2019
UAE banking and finance educators sign MoU with PwC's Academy ME
12 March 2019

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