08/15/2012

Omani investor takes 25 pct in Bulgaria Investbank

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

Dubai's bank offers finance to people new to the UAE

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.

08/08/2012

Commercial Bank of Kuwait Q2 net profit drops 5.4 pct ‎

"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

08/06/2012

RAKBANK expands its network of branches

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 posts profit

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").

07/31/2012

3 Jordanian banks report higher profits

The bank's profit before tax amounted to JD33.8 million. Cairo Amman Bank also announced that net profit increased to JD24.1 million during the first half of 2012 compared with JD23.4 million during the first six months of last year.

07/30/2012

UAE- CBI posts 154% jump in H1 profit as deposits, loans up

The UAE bank reported a net profit of Dh141.3 million for the first six month period ended June 30, 2012 as compared to Dh55.7 million reported during the corresponding period in 2011. As a three month period of second quarter of 2012, the bank also annou

07/29/2012

HSBC Bank Oman logs profit

"The new entity now has one of the largest branch networks in the Sultanate, and will serve the needs of retail, corporate and institutional customers. With the successful completion of this transaction, customers can now benefit from both HSBC Group