Retail Banking

08/04/2014

KSA bank deposits hit SR1.5 trillion in June

The huge deposits have reportedly helped the Saudi banks to increase their lending capacity and, eventually, led them to achieve record profits year after year reaching some SR 38bn by the end of last year.

08/04/2014

Oman's ahlibank net profit jumps

While operating income has increased by 4 per cent to OMR25.3 million as compared to the same period last year, operating expenses were controlled at OMR 8.2 million resulting in a lower cost to income ratio of 32.3 per cent.

08/01/2014

Bank Audi net profit reaches $190 million for H1 2014

At the MENA banking level deposit growth over the first five months of the year maintained last year's corresponding period level of circa $67.8 billion, loan growth reported a net improvement from $30.7 billion to $43.3 billion between the two perio

07/27/2014

Jordan bank's profit up 16pc

"The results reflect a strategy based on attracting more sources of capital and utilising them more effectively," said chairman Michel Marto, adding that customer deposits rose 3.6pc to $7.5bn compared with the end of last year.

07/27/2014

SICO's net profit surges 166pc

For the second quarter of this year, net profit increased to BD2.5m compared with BD901,000 in the corresponding period last year while operating income rose by 86pc to BD4m from BD2.2m in the same period last year.

07/23/2014

Commercial Bank of Qatar Q2 net profit dips 3 pct

Commercial Bank of Qatar , the Gulf Arab state's second-largest lender by assets, suffered a 3 percent decline in second-quarter net profit, Reuters calculations based on half-year figures from the bank showed on Wednesday.