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.
07/14/2016
This increase is mainly attributable to the development of the portfolio of assets and treasury activities and an increase in fees and commissions.
07/14/2016
Q2 net profit 46.7m rials versus 46.5m rials a year ago
07/13/2016
QNB Group announced its results for the six months ended 30 June 2016.
07/13/2016
Bank Muscat did not disclose a quarterly breakdown of its earnings so Reuters calculated the figure based on previous financial statements.
07/13/2016
The report also predicts inflation will rise to 3.2 percent in 2016 and 3.4 percent in 2017 in line with global inflation hikes.
07/13/2016
National Bank of Oman has set terms for a $100m tap of its $500m 3.125% 2019s at 200bp over midswaps, which a syndicate official away from the deal said equates to a new issue premium of around 23bp.
07/07/2016
Transaction the latest facility raised by a regional bank as liquidity comes under pressure from lower oil prices, a weaker economy
07/05/2016
They demanded that the place of arbitration be moved outside of Egypt.
07/05/2016
He also discusses QNB’s dedication to incubating new businesses, its human capital development efforts, and its plans for further expansion overseas.
07/05/2016
The new entity will be called the National Bank of Abu Dhabi when the tie-up is completed in the first quarter of 2017, and is part of the emirate's plan to revamp its economy hit by lower oil prices.
07/05/2016
The chief executive officers of both banks will continue until the merger takes place, after which FGB managing director Abdulhamid Saeed will take over.
06/27/2016
Conventional banks' overall investments in securities stood at OMR2.7 billion as at the end of April 2016.
06/24/2016
Another of the emirate's banks, Commercial Bank of Dubai, is expected to sign a three-year loan of up to $500 million in the next few days to refinance existing debt, sources familiar with the matter told Reuters on Thursday.
06/23/2016
The ‘2016 Banking Awards’ distinguish those institutions that have excelled in providing an unparalleled service to their clients whilst also continuously maintaining a high level of regulatory compliance.
06/22/2016
The promotion runs from 15 June 2016 to 31 July 2016 during which the accumulated 5 percent on the principal amount transferred through Western Union will be credited into the customers’ account once every week.
06/17/2016
NBAD and FGB both said it is not their policy to comment on speculation or rumor.
06/16/2016
This is one of the major mergers for Omani banks, after the merger of HSBC Bank Oman and the Oman International Bank almost four years ago.