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.
Retail Banking
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
07/26/2023
Saudi National Bank’s second-quarter profit jumps more than 9% to $1.3bn
Kingdom's largest lender reports $2.26 billion in operating income during the three month period
07/26/2023
QIIB net profit rises 7.7% to QR615m in H1
QIIB posted a net profit of QR615m with a growth rate of 7.7 percent compared to the same period of 2022, while earnings per share reached QR0.41.
07/26/2023
United Arab Bank net profit up 45% for first half of 2023
Growth in net profit is a result of improved net interest income and lower provision charges