04/21/2016
Ahlibank registers net profit of QR165mn in Q1
Stable funding, which includes medium-term liquidity, improved to 7.9% in March 2016, as a percentage to total liabilities vis-à-vis 6.6% in March 2015 as the bank continues to improve its liquidity structure.
04/21/2016
Middle Eastern equity and equity-related issuance totalled $228.0 million during the first quarter of 2016, a 92 per cent decline from the first quarter of 2015 and the slowest opening period for equity capital markets issuance since 2011.
04/21/2016
The bank was also able to successfully cope with “internal and external factors” affecting the market during the previous months.
04/21/2016
Middle East M&A reach $4.7 billion in Q1 2016
Nadim Najjar, Managing Director, Mena, Thomson Reuters, said: “The value of announced M&A transactions with any Middle Eastern involvement reached $4.7 billion during the first quarter of 2016
04/21/2016
ADIB is further enhancing its strategic positioning as one of the top retail Banks in the UAE
04/21/2016
The regulatory eligible liquid asset ratio at the end of the quarter was 17.8%
04/20/2016
The Index reveals that despite a turbulent quarter for the global economy and capital markets see-sawing amid volatile risk asset sentiment, cross-border M&A proved surprisingly resilient.
04/20/2016
Commenting on the first quarter 2016 performance, Fahad Al Khalifa, al khaliji's Group Chief Executive Officer said: "Our performance in Q1 demonstrates the strength and resilience of our business.
04/20/2016
EFG Hermes forecast the lender would make a quarterly net profit of 35.44 million dinars
04/20/2016
Our strategy is to compete on the basis of innovative product offerings and superior service quality.
04/20/2016
The increased growth in GWP was attributed to the Group's effective and strong underwriting capabilities.
04/20/2016
Sabb Takaful has reported net profits before Zakat for Q1 2016 of SAR 3.765 million, up 19.71 per cent. Earnings per share rose to SAR 0.11 from SAR 0.09.
04/20/2016
Commercial Bank of Dubai’s net profit for the first quarter of 2016 was 18.4 per cent lower, at Dh241 million, than its Dh295 million net profit in the first quarter of 2015
04/20/2016
Earnings per Share 6.61 Fils an increase of 14% Total Assets Growth by 1.5% reaching KD 16.77 Billion Total deposits increase by 1.9% reaching KD 14 Billion
04/19/2016
Deposits showed a year on year increase of 13.7% from QAR 45.2 billion to QAR 51.4 billion as at 31 March 2016 which is evidence of the strong liquidity position of the Bank.
04/19/2016
Analysts at EFG Hermes and SICO Bahrain had forecast the bank would make a net profit for the quarter of 1.87 billion dirhams and 1.93 billion dirhams respectively.
04/19/2016
Doha Bank also offered various limited period offers such as ‘0% payment plans’, ‘free cabin bag’ and ‘complementary gift vouchers’ in coordination with popular merchants for all its credit card customers.
04/19/2016
Tighter liquidity conditions and a strong dollar will continue to pose headwinds to non-oil growth, particularly in the services sectors.
04/19/2016
In line with the bank's prudent provisioning policy, BBK set aside BD 3.7 million as net provision for its exposures
04/19/2016
The new enhanced version of Doha Bank mobile banking application offers users the option of using fingerprints to authenticate identities to sign in to mobile banking - instead of user ID and password.