SNB claims the Arab world’s top spot as post-Covid regional profitability rebounds.
Tarabut Gateway CEO, Abdulla Almoayed, talks to John Everington about the prospects for open banking in the Middle East and the lessons regional lenders can learn from around the world.
African nations are at the vanguard of the new movement towards central bank digital currencies, in a desperate bid to regain the initiative in the wake of rising cryptocurrency usage across the continent.
Banque du Liban governor Riad Salamé claims the bank's controversial engineering scheme is not responsible for the country’s economic meltdown.
After a mixed performance last year, 21 of the Middle East's 25 largest lenders have achieved improved positions in The Banker’s Top 1000 World Banks ranking for 2022.
All but one of the largest 25 African lenders in The Banker’s Top 1000 World Banks ranking for 2022 posted an increase in Tier 1 capital.
Saudi lenders continue to advance thanks to economic improvements and government housing initiatives.
Saudi’s new megabank has displaced Qatar National Bank at the top of this year’s regional table.
Standard Bank retains its status as Africa’s biggest bank, even as rival FirstRand closes in.
Zenith Bank held off strong gains by Access Bank to retain its position as Nigeria’s top lender.
African lenders regained ground in 2022’s rankings, even as challenges mount in key markets.
Despite banking reforms, an end to the country’s economic trauma remains a distant prospect.
This year’s awards celebrate increased product innovation, digital transformation and the widespread recovery from the Covid-19 pandemic, together with the growing intersection between ESG and sharia-compliant financing.
Reports are growing of toxic work cultures across Nigeria’s fast-growing fintech sector.
The central African government’s move to embrace bitcoin highlights the growing importance of cryptocurrencies across the continent, with central banks playing catch up.
Higher oil prices mean a return to budget surplus, even as investment challenges remain.
SABB CEO Tony Cripps talks about the impact of higher interest rates, the bank’s digital ambitions and how it plans to increase its foothold in Saudi Arabia’s retail market.
Further growth in retail mortgages will continue to underpin credit growth for banks as the economy improves.
The flawed launch of Nigeria’s eNaira holds lessons for other African central bank digital currency projects.