Mizrahi Tefahot Bank, the country’s third largest lender by assets, saw its mortgage book expand by 24% year on year in 2020.
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World
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Mortgages at Israeli banks rise amid ongoing house price boom
October 25, 2021
Vision 2030 projects drive Saudi loan growth
October 13, 2021The country’s two largest banks saw gross total loans increase by about 37% between 2016 and 2020.
GCC capital markets hope for watershed year
October 4, 2021After a period of decline and delisting for the region’s exchanges — apart from Saudi Arabia — hopes are now high of a rebound.
World
/ Middle East
/ Oman
Double whammy hits Omani banks’ ROE
September 27, 2021The National Bank of Oman saw return on equity fall to 3.4% last year from 9.3% in 2019.
Incentivising UAE’s fintech boom
September 15, 2021Financial services foreign direct investment rose in 2020 despite the pandemic and has remained robust this year on the back of generous state support.
Loan growth steady at UAE banks
August 25, 2021The central bank implemented targeted support measures last year to ease pressure on companies and provide banks with liquidity.
A new era for GCC digital banking
August 19, 2021Digital-only banks in the Gulf Co-operation Council are experiencing a boom.
Building UAE's blockchain KYC platform
August 13, 2021Astyanax Kanakakis, chief executive of norbloc, on how its digital onboarding system has simplified the account-opening process.
World
/ Middle East
/ Israel
Bank Leumi CEO looks ahead to post-Covid growth
July 29, 2021Hanan Friedman talks about digital strategy in the lockdown age and the opportunities created by the Abraham Accords.
Saudi Arabian lenders make gains in the Top 1000
July 26, 2021Gulf country's banks are the main regional gainers in this year’s ranking, as loan books continued to rise healthily.
