بنكي | BANKY

Iran’s Ayandeh Bank declares bankruptcy

Ayandeh Bank, one of Irans largest private banks, has declared bankruptcy, with its assets being absorbed by the state-owned Melli Bank.

Three Danish Banks merge to form AL Sydbank

In Denmark, Sydbank A/S, Arbejdernes Landsbank, and Vestjysk Bank A/S have announced their intention to merge, forming a new entity under the name AL Sydbank A/S. The merger agreement, signed by the boards of all three institutions, proposes Sydbank as the continuing legal entity, with headquarters in Aabenraa.

Emirates NBD Group strengthens regional partnership with El Sewedy Electric group by extending EGP 20 billion

Emirates NBD Group, the leading banking group in the Middle East, North Africa, and Türkiye MENAT, announced the signing of a credit facility agreement with Elsewedy Electric Group worth over EGP 20 billion. The facility aims to support the Groups expansion plans across Egypt, the Kingdom of Saudi Arabia, and the United Arab Emirates, reaffirming Emirates NBDs commitment to supporting major industrial projects, particularly in the energy and infrastructure sectors, which are considered key pillars of regional economic development.

QNB reaffirms Its market leadership as MEED’s Best Private Bank in Qatar 2025

QNB has reaffirmed its leadership in private banking by being named Best Private Bank in Qatar at MEEDs MENA Banking Awards for Wealth and Private Banking 2025.

IMF: U.S. Government Debt Set to Surpass Italy’s for the First Time This Century

The burden of U.S. government debt is on track to exceed that of Italy and Greece for the first time this century, according to the latest International Monetary Fund IMF forecasts a signal highlighting the growing fragility of Americas public finances.

Gold Prices Fall as Dollar Strengthens and US-China Trade Tensions Ease

Global gold prices declined on Monday, weighed down by a stronger US dollar and signs of easing trade tensions between the United States and China, while investors await key central bank meetings later this week.

QNB’s Operations Control – Policies & Procedures Department Achieves ISO 9001:2015 Certification

QNB, the largest financial institution in the Middle East and Africa, is proud to announce that its Policies and Procedures Department within the Operations Control Division has been officially awarded the ISO 9001:2015 certification for Quality Management Systems.

CBE: 47.2% Rise in Remittances from Egyptians Abroad during the First Eight Months of 2025

Doha Bank and PayTabs Group Sign Strategic Partnership to Empower Qatar’s Digital Commerce Sector

Doha Bank, one of Qatars leading financial institutions, and PayTabs Group, MENAs award-winning payment orchestration solutions provider, have signed a strategic partnership to provide value-added services that enhance the e-commerce ecosystem for merchants in Qatar. The collaboration marks a significant milestone in advancing Qatars cashless economy, supporting small and medium-sized enterprises SMEs, and promoting innovation in digital payment solutions in line with Qatar National Vision 2030.

UAE leads in financial inclusion as digital push kicks in

The UAE is emerging as a standout performer in financial inclusion, posting strong recent gains driven by fintech growth, digital-finance uptake and robust policy commitment.

Saudi National Bank Reports 20.6% Rise in Q3 2025 Net Profit to SAR 6.46 Billion

Saudi National Bank SNB, the Kingdoms largest bank by assets, recorded a strong 20.6% year-on-year increase in net profit during the third quarter of 2025, reaching SAR 6.46 billion, according to a disclosure published on the Saudi Exchange Tadawul on Monday.

DLD, Emirates NBD redefine tenant experience with Next-Gen Digital Solutions at GITEX Global 2025

Dubai Land Department DLD has signed a cooperation agreement with Emirates NBD to digitalise the leasing ecosystem and enhance the overall tenant experience. The partnership seeks to develop integrated solutions for managing security deposits and introduce innovative financing products that simplify customer journeys and improve the efficiency of real estate operations.