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
Retail Banking
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.
01/30/2019
Three UAE Banks Merge Into Fifth-largest Among Gulf Countries
Abu Dhabi Commercial Bank, Union National Bank and Al Hilal Bank collectively have nearly $115 billion in assets
01/29/2019
National Bank of Bahrain net profit jumps 14.8% to $186mln
For the Q4 of 2018, the bank’s net profit increased 29.3% to $39.9mln
01/27/2019
Banque du Caire to expand funds in all economic sectors to assist in economic development: Chairperson
‘We achieved 80% growth rate in financing SMEs, 95% in micro funding, 60% in financing large companies in 2018’: Fayed