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
05/12/2014
Burgan Bank Group announced today its first quarter earnings for 2014. Net profit reported at KWD 17.1 million reflecting a growth of 10 per cent from KWD 15.6 million reported for the first quarter in 2013.
05/12/2014
RAKBANK Wins Best Internet Banking Initiative Award in the Middle East for 2014&Best Core Banking Implementation Award in the Middle East for 2014
05/12/2014
Banks in the United Arab Emirates have reported strong earnings growth for the first quarter as they benefit from the improving economic picture in the Gulf Arab nation
05/06/2014
Subtracting the one-off gain from calculations, Ahli United said its first-quarter profit increased 41 percent
05/06/2014
The bank saw an impressive retail loan book growth and expansion of cheaper funding
05/06/2014
Customers to benefit from finer pricing, more value added services
04/30/2014
Arab Banking Corporation announces 27% increase in first quarter profit to $71m
Business volumes grew in line with ABC’s expansion plans, resulting in improved revenues across all the geographies that ABC operates in.
04/29/2014
National Bank of Abu Dhabi 1Q Profit Inches Lower On Expenses
The U.A.E.'s other main banks in the past week saw profits increasing with Dubai's top lender Emirates NBD posting a 25% rise in profit while Abu Dhabi's First Gulf Bank reported a 27% profit boost.
04/29/2014
Arab Banking Corporation announces 27 per cent increase in Q1 2014 Profit
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
04/28/2014
Commercial Bank delivers first quarter net profit of QAR 548 million
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
04/24/2014
Q1 2014 operating income, customer loans, deposits and advances increase By Staff
04/24/2014
First quarter net profit 39.76m rials vs 24.99m rials a year ago
04/23/2014
The second award was made for Innovation in Retail Banking, Kenya.
04/23/2014
The National Bank of Fujairah has earned a net profit of Dh 115.3 million in Q1, 2014 compared to Dh90.7 million in the corresponding period of 2013, showing an improvement of 27.1 per cent.