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Retail Banking

02/06/2019

Commercial Bank to issue ‘kangaroo’ bonds in 2019: Group CEO

In terms of raising funds, Abraham said Commercial Bank has a number of diversified providers of funding.

02/06/2019

ABK records KD 42.1m in net profit for 2018

Bank’s operating profit exceeds KD 100 million mark for first time

02/06/2019

Bank lending remains key financing tool in GCC: NBK

The region’s banks have more liquidity and the debt capital market for the energy sector

02/05/2019

Commercial Bank 2018 net profit jumps 175.5% to QR1.66bn

Board of Directors recommends cash dividend pay-out of 15% of par value or QR1.5 per share subject to approval at Commercial Bank's Annual General Assembly on March 20

02/05/2019

BisB ‘fastest growing’ Islamic bank in Bahrain

This marks the third win for BisB

02/05/2019

Al Rahji Bank's net profit jumps 13%, beating analysts' estimates

The rise is attributed to higher total operating income and service fees

02/04/2019

KIB records KD 21 million net profit, 18% growth in 2018

11% cash dividends and 4% bonus shares proposed for 2018

02/04/2019

Arab Bank hits USD820.5m in net profit

The lender affirmed, its total deposits saw a boost to hit USD34.3 billion from the USD33.8 billion seen a year earlier.

02/04/2019

International Bank of Qatar posts QR747.2mn net profit in 2018

“These results highlight the resilience of IBQ and the strength of its Qatar focused business model.

02/04/2019

Revealed: $27m scheme to boost SME funding in the UAE

Emirates Development Bank has announced the launch of the new Credit Guarantee Scheme

02/01/2019

Abu Dhabi’s FAB records net profit of Dh12 billion from 10% gain

Latest numbers show merger benefits accruing across operations, including on expenses

02/01/2019

RAKBank net profits surge 13.2 per cent to Dh917.5 million

Improved interest income and lower provisions boost earnings

02/01/2019

Riyad bank stocks trade higher after bank announces surge in Q4 earnings, beating estimates

Riyad Bank announced a 38.6 percent rise in Q4 profit, says result due to fall in provisions and cost of deposits

02/01/2019

FAB posts 2018 net profit 10pc up at $3.2bn

"FAB’s second year of operations witnessed a number of major successes.

01/31/2019

Burgan Bank team lifts Kuwait Cricket Bank League trophy

The Sports Committee of Burgan Bank congratulated the team on the incredible win and wished them further achievements in upcoming championships.

01/31/2019

RakBank profit rises 13% on net interest income

Bank also saw a decrease of Dh131.8 million in provisions for impairment in loans

01/30/2019

Abu Dhabi Three-Way Merger to Form $114 Billion U.A.E. Bank

Subdued growth, deposit squeeze is forcing Gulf banks to merge

01/30/2019

ADCB posts Dh4.84 billion net profit for 2018, up 13%

Board has recommended a cash dividend of Dh0.46 per share

01/30/2019

Abu Dhabi to control majority stake in new mega bank

Deal to deliver cost synergies worth Dh615m, generate additional value for shareholders

01/30/2019

Emirates NBD recognized as the best bank in Egypt for 2018

Emirates NBD – Egypt is recognized for being a pioneer in providing innovative banking and digital services to the market.

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