07/28/2016
This compared to 1.45 billion dirhams in the same period a year earlier, while the average forecast of four analysts polled by Reuters was for a net profit in the quarter of 1.32 billion dirhams.
07/28/2016
Comfortable liquidity position well within regulatory requirements: Advances to Stable Resources Ratio at 91.5% and Liquidity Coverage Ratio above 70%
07/26/2016
Burgan Bank has one of the largest regional branch networks across Kuwait, Turkey, Algeria, Iraq, Tunisia
07/25/2016
The bank successfully completed the issuance of KD 100 million in Tier 2 capital in May 2016, pushing its Capital Adequacy Ratio under Basel III to 18.3% against the minimum regulatory requirement of 14.0%.
07/25/2016
The bank employs around 200 people in Lebanon.
07/25/2016
Emirates NBD's strategic focus on offering an enhanced customer experience in recent few years has significantly contributed to the massive growth of the bank.
07/25/2016
Commenting on the occasion, the Vice Chairman CEO of LGB BANK
07/22/2016
The Commercial Bank Q.S.C. and its subsidiaries and associates announced today its financial results for six months to 30 June 2016.
07/21/2016
The bank’s cost to income ratio was contained at 31.2% for the first half of this year.
07/20/2016
Appetite for GCC debt is expected to remain healthy, though it may be dampened by external risk factors.
07/20/2016
The Gulf Arab state's third-largest lender by assets earned a net profit attributable to equity holders of 212.3 million riyals in the three months to June 30, it said in a statement.
07/20/2016
The second biggest lender by assets in Abu Dhabi reported a net profit of Dh1.126 billion, up 10 per cent in April-June quarter 2016.
07/20/2016
The proposed merger will create a bank with the financial strength, expertise, and global network that is expected to support the UAE's economic ambitions both locally and globally.
07/19/2016
Seven financial institutions have participated in the transaction.
07/19/2016
Upon winning the awards, César González-Bueno, Chief Executive Officer, Gulf Bank, said, "We are very proud to receive these two prestigious awards
07/19/2016
Seven lenders participated in the deal, with Mizuho Bank acting as sole co-ordinator, sole bookrunner and mandated lead arranger.
07/18/2016
The Group’s balance sheet continues to remain strong, coupled with adequate liquidity and capital buffers as the region continues to adjust to an environment of lower oil prices.
07/18/2016
Al-Maiman added that the Bank's total assets reach SR 453 billion compared to SR 461 billion at the end of the same period of the previous year.
07/15/2016
The average forecast of four analysts polled by Reuters was for a quarterly profit of 420 million dirhams.
07/15/2016
Bad debt has been plaguing UAE banks since the slide in oil prices that began two years ago.