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‘Boys versus men’ says NBAD’s Sarkar

‘Boys versus men’ says NBAD’s Sarkar

Suvo Sarkar, the new head of retail banking at National Bank of Abu Dhabi, has high hopes for the bank. He aims to double retail banking revenue and the bank’s cross-sell ratio within three years. Capitalising on the bank’s ‘trust premium’ is also high on Sarkar’s agenda. Farah Halime reports


Latest Headlines

Scotiabank retail strength boosts profit

Canada’s Scotiabank reported third quarter net income of C$1.06bn ($1bn), up 14% compared to the year-ago income of C$931m

829 US banks at risk of failure

The Federal Deposit Insurance Corporation (FDIC) has revealed that more than a tenth of the US’s 7,830 banks are at risk of closure in the second quarter of 2010.

Rosbank taps Serverside’s custom card technology

Russia’s Rosbank has signed a deal with Serverside, the global technology vendor that will allow its customers to personalise their payment cards.

Airdrie Savings Bank expansion plans met with optimism

A 175-year old Scottish savings bank has already attracted depositor interest after it said it was looking at expanding its 7-branch network.

UBS teams up with motor racing’s F1

Swiss Bank UBS has signed one of the biggest sponsorship deals of the year, teaming up with the organisers of motor racing’s Formula 1 (F1) championship.

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Latest Features

Middle East interim results highlight disparities

Banks in the Middle East and the Gulf Corporation Council states have almost all reported interim results for fiscal 2010. But differing results from one market to the next highlight disparities in the strength of the banking sector. Farah Halime reports on the performance of 25 of the leading banks in the region

European interims offer moderate cheer

Europe’s leading banking groups have reported a mixed set of results, with standout performances notable from a number of lenders including HSBC, BNP Paribas and Soci?t? G?n?rale. But the common theme of the interim results was one of caution as regards growth prospects for the rest of 2010. Douglas Blakey reports

Unity eyes prepaid success with ALTO

Since its foundation in 1984, UK-based Unity Trust Bank has carved out a reputation as a bank for which social responsibility and responsible lending is at the heart of its business model. As Unity Trust sales and marketing director John Brooks tells Douglas Blakey, it also makes good business sense

 

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