10/24/2018
Al-Baraka sweeps global awards
ABG and its four banking units received these awards for their prominent role in the Islamic banking sector
Retail Banking
10/24/2018
Saudi Arabia’s National Commercial Bank Q3 profit rises 10.2 pct
SICO Bahrain forecast NCB would make a quarterly profit of 2.46 billion riyals.
10/24/2018
Commercial Bank’s nine-month net profit jumps 386%
By aligning itself with the economic objectives of the nation and providing a strong, stable and innovative financial institution to support Qatar’s economy, Commercial Bank is pleased to continue to be a part of Qatar’s growth story.
10/23/2018
FAB's profit up 12% on loans, advances
FAB's 9-month operating income rose 1 per cent to of Dh14.6 billion as loans and advances went up 3 per cent sequentially and 8 per cent year-on-year to Dh354 billion, the Abu Dhabi based lender said in a statement.
10/23/2018
National Bank of Bahrain seeks to buy shares in rival
Bahrain’s second-largest bank by market capitalisation mulls offer for shares in Bahrain Islamic Bank
10/22/2018
Ahlibank net profit rises 3.8% to QR538mn in first 9 months
Ahlibank is now looking to build on the steady performance through investment in new technologies.
10/22/2018
Bank of Sharjah’s nine-month net profits up 13%
Net operating income up 10 per cent to Dh538 million
10/22/2018
ADCB profits rise 5% as impairment costs drop
Bank says ‘no certainty’ yet on possible merger with UNB or Al Hilal Bank
10/22/2018
Mashreq reports 1.7b 9-month net profit
Impairment allowance declined by 8.6 per cent year on year
10/22/2018
QNB wins 3 MTN awards
QNB also won the ‘Deal of the Year’ award for its $2.4bn FRNs Series due 2020 .
10/22/2018
ADCB reports third quarter earnings increase
The bank reported a "par result with moderate earnings growth', analyst says
10/22/2018
AAIB opens six new branches in Greater Cairo, governorates, aims to increase number to 100
The series of branches includes Souhag, Sukhna port, Mandara, Abbasia, Shams Club, Obour Buildings
10/21/2018
SIB’s 9-month net profits rise by 10.5 per cent
Net operating income increased 17.1 per cent
10/19/2018
Doha Bank posts QR737mn profit
Doha Bank's total assets stood at QR 90.4bn as of September 30. Net loans and advances reached QR59.2bn in September, registering a growth of 0.3%.
10/19/2018
Riyad Bank's Q3 profit rises 8.2 pct, in line with forecasts
The bank attributed the stronger performance to a rise in special commission income and fee and commission income.
10/18/2018
National Bank of Bahrain Jan-Sept net profit jumps 11%
Strengthened results were supported by more prudent asset liabilities management
10/17/2018
Three Qatari banks report higher Q3 earnings, remaining banks' results needed to "draw larger conclusions", analyst says
QNB, QIIB and Masraf Al Rayan disclosed a rise in Q3 net profit, investors await other banks to report this week
10/17/2018
National Bank of Fujairah Launches ‘Ajyal’, a Bespoke Banking Service for Young Emiratis
The survey uncovered that when choosing their banking services partner, a bank’s reputation and zero-balance requirement helps define their decision.
10/16/2018
Commercial Bank bags ‘Best Bank in Qatar’ award
Commercial Bank has had a successful 2018 to date, indicating that the execution of its five-year strategic plan to be the best bank in Qatar is on track.
10/16/2018
Masraf Al Rayan records 9-month profit of QR1.63bn
Masraf Al Rayan continues to lead the banking sector with “one of the best” operational efficiency ratios of 23.12% compared to its peers in the market.