The Saudi British Bank first half 2013 results
The Saudi British Bank First Half 2013 RESULTS Net profit of SAR1,953 million (US$521 million) for the six months ended…
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Bank Hapoalim Improves Customer Satisfaction
Genesys has announced that Bank Hapoalim, Israel’s largest bank with a global reach in three continents, has successfully transformed its…
Independent Private Bank Dips a Toe in Meraki Waters
The Bank, established in the UK for over 180 years, offers tailored private banking, wealth planning and investment management services…
Bahrain's GFC formulates new business model
In an attempt to clean its balance sheet, the Gulf Finance House is banking on new investments to revive its…
BBK makes new management appointments
The Bank of Bahrain and Kuwait made additional appointments to its executive management team in line with its new…
QNB profit jumps 15.7% in H1 to QR4.7bn on strong revenues
On the back of strong revenues and efficient cost to income ratio, QNB Group posted a first-half net profit…
Bank Nizwa, Sohar Islamic sign Wakala agreement
Oman's first Islamic bank, Bank Nizwa and Sohar Islamic, have entered into a Wakala agreement for Interbank placement activities between…
Turkish Regulator Probes Currency Trades
Turkey started an investigation of foreign-currency transactions, building on a probe of stock trading, as the central bank broadened…
DIB voted ‘Best Islamic Retail Bank’ at Banker Middle East Industry Awards 2013
Awards 2013. The award was received by Dr. Adnan Chilwan, Deputy Chief Executive Officer, DIB, on behalf of the…
Transformational change sweeps wealth managers as they reconfigure to win back client trust
Despite the resurgence of global wealth to nearly pre-2008 levels, the wealth management industry is facing significant margin pressure caused…
Have tax havens had their day in the sun?
Until recently investors could make a cardinal distinction between tax evasion and tax avoidance.Evasion was, by definition, illegal. It meant…
Nakheel profit up 57%
The company recorded a net profit of Dh1.2 billion as revenues surged 36 per cent to Dh4.23 billion in the…