05/14/2014
The rating is constrained by the bank's higher than average cost structure, its declining average capital ratios, and to some extent the levels of concentration in its loans and in its funding
05/14/2014
National Bank of Greece SA, the country’s biggest lender, plans to sell a stake in Istanbul-based Finansbank AS as demand for Turkish bank assets increases.
05/14/2014
Emirates Money, the consumer finance arm of Emirates NBD, a leading bank in the region, today announced that it had been named the “Best Non-Bank Consumer Finance Business” at the Asian BankerMiddle East Banking Products and Projects 2014Award
04/29/2014
Arab Banking Corporation (ABC) today announced that its consolidated Group net profit for the first quarter of 2014 was $71 million, 27 per cent higher than the profit of $56 million reported in the first quarter of last year.
04/29/2014
Many UAE banks have recorded impressive growth in the first quarter, continuing a trend from 2013 as the economy rebounds from a real estate crash and debt problems at Dubai government-linked entities.
04/28/2014
HSBC Bank Oman, an affiliate of HSBC Holdings, posted a 46 percent slump in net profit in the first quarter, as the lender didn't repeat gains registered in the same period last year
04/27/2014
Emirates NBD, a leading bank in the region, today announced that it has won the 'Best Consumer Credit Product award' and 'Best Risk Management award’ for its Personal Loan business at the 2014 Asian Banker’s ‘International