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Retail Banking

08/11/2023

GFH reports a 29.5% increase in net profit

Attributable to shareholders for the first half of 2023 totaling $54.62mln

08/11/2023

Bahrain Al Salam Bank's Q2 net profit up 47%

Profit growth driven by core activities

08/10/2023

ADIB achieves strong growth with over £100mln in UK commercial real estate financing in the first half of the year

ADIB has been able to offer selective Islamic structured financing solutions to clients

08/10/2023

Lesha Bank reports QAR 44.7 million profit in the first half of 2023

During the first half of 2023, fee and dividend income reached QAR 37.3 million.

08/09/2023

Bahrain's NBB posts 4% rise in H1 net profit to $108mln

The rise in net profit was driven by higher income from loans and investment securities, the bank said

08/09/2023

Bahrain's NBB posts 4% rise in H1 net profit to $108mln

The rise in net profit was driven by higher income from loans and investment securities, the bank said

08/08/2023

Ajman Bank’s Dhs550m rights issue receives strong response

The rights issue was oversubscribed 7.4 times, with a total demand of Dhs4.1bn

08/08/2023

Gulf International Bank annouces outstanding first half results

With 108% increase in net income attribuatable to shareholders of the bank, exceeding the full year results of 2022

08/07/2023

Ajman Bank AED 550mln rights issue oversubscribed 7.4 times

The initiative attracted many international investment banks and local investors

08/04/2023

Kuwait International Bank launches online corporate banking

It also paves the path for further promising applications to make the customer’s banking experience even more personalised and unique.

08/04/2023

Qatar’s banking sector total assets up 1.4% MoM in June

Qatar banking sector loan provisions to gross loans stood at 3.8% in June 2023

08/03/2023

CBI net profit increases by 44% in H1 2023

CBI reported a net profit increase from Dhs55m in H1 2022 to Dhs79m in H1 2023

08/03/2023

UAE banks processed Dh6.74 trillion in remittances during first five months of 2023

Cash deposits with the Central Bank amounted to Dh69.52 billion

07/31/2023

Arab Bank Group profits grow by 59% to $401mln for the first half of 2023

The Group’s strong performance was driven by robust growth in its core banking business across different markets

07/28/2023

ADIB’s H1 2023 profit grows by 61% to Dhs2.3bn

The bank reported strong growth numbers as its retail and corporate businesses reflected growth and diversification in business

07/28/2023

UAE's banking sector demonstrates remarkable resilience

Unwavering appetite for borrowing has further strengthened the position of UAE banks

07/28/2023

SAB generates SAR3.3bln of net income in H1 2023, up 59% from H1 2022

SAB’s H1 2023 profit before zakat and tax is recorded at SAR3,991 million, up 61% from H1 2022

07/27/2023

Emirates NBD’s H1 2023 profit surge 130% to a record AED 12.3bln

Quarterly profit of AED 6.2 billion is highest ever

07/27/2023

Oman Arab Bank recognized as Domestic Retail Bank of the Year for its SME payment solutions

The bank acquired a total of 116 new merchants in the first three months from launch.

07/26/2023

KFH reports record net profit of KD 333.4m in H1

Earnings per share for the first half of 2023 reached 22.03 fils

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