05/03/2022
EDB has launched new services that support financial inclusion, including its digital solution for SMEs and start-ups, which resulted in more than 1,000 new accounts being created within the first six months of its launch
05/02/2022
The result is a 29.4 percent increase over the group’s Q1 2021 performance
05/02/2022
The basic and diluted earnings per share (EPS) stood at AED 0.02 in the first three months of 2022, against AED 0.01 in the corresponding period of 2021
04/29/2022
Mashreq Bank joins a group of four banks that are currently live on the network, including Emirates NBD, Commercial Bank of Dubai (CBD), Abu Dhabi Commercial Bank (ADCB), and HSBC
04/29/2022
Arqaam Capital had forecast a net profit of 3.05 billion dirhams for the quarter, while EFG Hermes had put it at 3.1 billion dirhams.
04/28/2022
Loans are up 15% while impairments dip slightly
04/28/2022
Sheikh Abdul Rehman bin Mohamed bin Jabor al-Thani, managing director of Doha Bank, said, the total shareholder’s equity by end of quarter reached QR14bn.
04/27/2022
The banks' loan performance remains strong despite some of the lenders having operations in countries with weaker economic conditions.
04/27/2022
The agency expects core capital held by Bahraini banks to remain broadly stable as modest loan growth is balanced by profit retention
04/26/2022
The bank has recovered from its exposure to UAE hospital operator NMC, which ran into financial difficulties and went into administration in 2020.
04/26/2022
Bank has continued to grow and diversify its loan book
04/26/2022
Net income of 12.1 million Kuwaiti dinars and operating profit of 30.2 million Kuwaiti dinars
04/25/2022
Lebanon's banks have been a major lender to the government for decades, helping to finance a wasteful and corrupt state that went into financial meltdown in 2019.
04/25/2022
Net interest margins improved to 2.1% in Q1’22 as compared to 1.7% reported in Q1’21
04/25/2022
The provisions inside Qatar (in both local and foreign currency terms) reported a 30.12% year-on-year surge to QR35.51bn, about 83% of the total provisions in the banking sector in February this year.
04/22/2022
Under the MoU, Buna and PAPSS will cooperate to achieve efficient interoperability between their respective platforms and act as payment gateways that link the Arab region to the African continent
04/21/2022
Profit highest in a quarter since 2019, says bank
04/21/2022
Operating profit for the Group increased by 18.6 percent to QR942.5m for the quarter ended 31 March 2022
04/20/2022
At a growth rate of 34%
04/20/2022
The Gulf country's biggest lender posted a profit of $382m during the first three months of the year