10/22/2014
Abu Dhabi Commercial Bank met analyst expectations as it reported a 16.4 per cent increase in third-quarter net profit on Wednesday, with a big reduction in impairment allowances helping to boost earnings.
10/22/2014
Top line growth powers Net Profit up 51% to AED 3.91 billion supported by strong economic growth in Dubai Pre-impairment Operating Profit up 34% to AED 7.68 billion
10/22/2014
The boost in profits was predominantly attributable to the bank’s robust cost control measures and the growth in core business income.
10/22/2014
Alinma Bank in Saudi Arabia has reported net profits of SAR 331 million for Q3 2014, up 26.34 per cent on year ago levels and up 7.47 per cent quarter-on-quarter.
10/22/2014
The bank began a two-week subscription period on Sunday for its 22.5 billion riyals ($6.0 billion) share sale.
10/22/2014
Dubai Islamic Bank, the first Islamic bank in the world and the largest Islamic bank in the UAE by total assets, announced its Nine Months 2014 results for the period ended September 30, 2014.
10/22/2014
Sharjah Islamic Bank announced its nine month of 2014 results with Net Profits reaching Dhs295 million, compared to 221 million achieved in the same period last year, a 33.5% growth rate
10/22/2014
The bank increased its net operating income by 14% to reach QR2.2bn. Fees and commission income for Q3, 2014 showed an impressive growth of 27%, reaching QR363mn compared to QR286mn for the same period in 2013.
10/21/2014
The total assets reached QR77.8bn compared to QR 66.90bn as of September 30 , 2013, a growth of 16.3 percent.
10/21/2014
Qatar Islamic Bank (QIB) announced net profit reached QAR 1.13 billion for nine months ended 30 September 2014 representing a growth of 16 per cent compared to the same period last year.
10/21/2014
The bank attributed its profit rise to a 6 percent increase in total operating income to 1.85 billion riyals, without elaborating.
10/20/2014
The Saudi British Bank has reported a net profit of SR3,297 million for the nine months ended Sept. 30, an increase of SR499 million or 17.8 percent compared to SR2,798 million for the same period in 2013.
10/17/2014
Banks operating in the Qatar Financial Centre saw rapid growth in 2013.
10/16/2014
Non-interest income at OMR104.1 million was higher by 33.2 per cent as compared to OMR78.16 million for the nine months ended September 2013
10/15/2014
The lender made a net profit of OMR3.8 million in the three months to September 30, compared with OMR3.5 million in the same period of 2013.
10/15/2014
The bank made a net profit of 59.1 million dinars ($204.7 million) in the three months to the end of September, down from 70.1 million dinars a year ago, a bourse filing said.
10/15/2014
Boubyan Bank earned KD 20.2 million, at a rate of 10.3 fils per share, in nine months ending on September 30
10/14/2014
In Q3 the Saudi Investment Bank (SAIB) saw net profit show a quarter-on-quarter rise of 5.19 per cent to SAR 371.2 million, a gain of 14.07 per cent on year-ago levels. For the first nine months of 2014 as a whole, profits were up 10.57 per cent to SAR 1
10/14/2014
Loans and advances stood at 2.3 billion rials at the end of September, 7 percent higher year-on-year
10/13/2014
The net profit attributable to shareholders for the third quarter was up six-fold and stood at AED 26.2 million compared to AED 3.6 million in Q3 2013.