08/28/2012
The new law was approved in early July but is not due to come into effect for another few months while the Saudi Arabian Monetary Authority (SAMA) – the Kingdom’s central bank – finalises its regulations covering mortgage financing.
08/27/2012
BoP will launch its Dubai office in 2013 to serve 200,000 Palestinians.
08/26/2012
Report included an analysis of data of 52 main conventional banks and 20 Islamic Shariah-compliant banking institutions in the GCC countries
08/26/2012
Banking sources said that the majority of foreign banks in Kuwait have had little success since the first HSBC branch bank opened in 2005.
08/20/2012
The special offers have been devised to facilitate new entrants to the UAE or new-to-Job employees to meet their financial commitments and settle into the new environment.
08/15/2012
Total assets reached EP17.4 billion, up 5.5 per cent year-on-year. ROA increased to 1.86 per cent compared with 1.70 per cent at the end of June 2011, and ROE increased to 20.1 per cent from 17.36 per cent.
08/15/2012
The bank’s success can be attributed to a new strategy it implemented last year based on five pillars, Finansbank General Manager Temel Güzeloğlu said in an announcement following the results release.
08/15/2012
Emirates Islamic Bank (EIB), the Islamic banking arm of Emirates NBD Group, a leading financial services organisation in the region, announced today, the launch of a banking package for new entrants to the UAE.
08/14/2012
The lender operates nearly 70 branches in the North African country where political unrest last year toppled the regime of former president Hosni Mubarak.
08/13/2012
Barclays is committed to investing in the communities in which it operates.
08/13/2012
Banks lending at the fastest pace in more than three years
08/13/2012
Standard Chartered was allowed to buy the whole of Credit Agricole Yatirim Bankasi Turk AS from its Montrouge, France- based parent, the Ankara-based regulator said on its website today.
08/09/2012
SHUAA Capital has reported results for the second quarter and first half 2012.
08/08/2012
"The bank continues a prudent policy towards building up a strong provision base and consolidating its balance sheet. Further progress is noted on the bank's review of processes for efficiencies and preparation to benefit from any growth opportu
08/07/2012
The second quarter profit also rose by 60% compared to the profit of Dhs4.5m recorded during the first quarter of 2012.
08/06/2012
Some of the many products and services offered to retail customers at the new branch include account opening, deposits, investment options, prepaid cards, a suite of credit cards and personal, auto and mortgage loans.
08/06/2012
Burgan Bank has four majority owned subsidiaries: Gulf Bank Algeria - AGB (Algeria), Bank of Baghdad - BOB (Iraq), Jordan Kuwait Bank - JKB (Jordan) and Tunis International Bank - TIB (Tunisia), (collectively known as the "Burgan Bank Group").
08/01/2012
The awards ceremony was held on 23 March at the Marina Bay Sands hotel in Singapore.
08/01/2012
The bank said its loans were up 8.9 percent year-on-year in the same period to 24.4 billion lira and its net interest income rose 38.2 percent to 533.1 million lira.
08/01/2012
It is the largest bank by market capitalisation in the euro zone and the largest financial franchise in Latin America.