04/20/2016
Earnings per Share 6.61 Fils an increase of 14% Total Assets Growth by 1.5% reaching KD 16.77 Billion Total deposits increase by 1.9% reaching KD 14 Billion
04/19/2016
Deposits showed a year on year increase of 13.7% from QAR 45.2 billion to QAR 51.4 billion as at 31 March 2016 which is evidence of the strong liquidity position of the Bank.
04/19/2016
Analysts at EFG Hermes and SICO Bahrain had forecast the bank would make a net profit for the quarter of 1.87 billion dirhams and 1.93 billion dirhams respectively.
04/19/2016
Doha Bank also offered various limited period offers such as ‘0% payment plans’, ‘free cabin bag’ and ‘complementary gift vouchers’ in coordination with popular merchants for all its credit card customers.
04/19/2016
Tighter liquidity conditions and a strong dollar will continue to pose headwinds to non-oil growth, particularly in the services sectors.
04/19/2016
In line with the bank's prudent provisioning policy, BBK set aside BD 3.7 million as net provision for its exposures
04/19/2016
The new enhanced version of Doha Bank mobile banking application offers users the option of using fingerprints to authenticate identities to sign in to mobile banking - instead of user ID and password.
04/18/2016
Quarterly operating income rose 8 percent versus the corresponding period of 2015 to 3.7 billion riyals, while profit from special commissions increased 4.5 percent over the same timeframe to 2.57 billion riyals.
04/18/2016
Bank Muscat's net loans and advances from conventional operations rose by 6.9 per cent to RO6.92bn from RO6.47bn a year ago.
04/18/2016
In terms of registered residential transactions, median residential prices were 10.4% lower YoY and 2.5% lower QoQ.
04/18/2016
Al-Sayer affirmed that the strong set of results in 1Q 2016 are driven mainly by the solid growth of the core banking activities.
04/18/2016
Net interest income and net income from Islamic financing and fees both increased during the latest quarter, the bank noted in the bourse filing.
04/18/2016
Four analysts polled by Reuters had forecast on average the lender would make a first-quarter net profit of 685.8 million riyals.
04/18/2016
Non-oil sector now accounts for more than 80% of real GDP Value of non-oil goods traded has increased by 19% since 2010 Domestic credit growth reaches 10% annual pace in final quarter of 2015
04/14/2016
Yet they are still yielding the same or less than Brazilian or Zambian debt with a higher credit rating.
04/14/2016
QIB’s total Income for the three-month period ended in March reached QR1.28bn compared with QR950mn in the same period last year.
04/14/2016
The bank had recorded a significant outflow of deposits during 2015
04/13/2016
Banking shares helped lift Saudi Arabia’s stock market on Tuesday as two lenders beat analysts’ earnings forecasts, helping boost investor sentiment across the region, while Egypt extended its correction.
04/13/2016
The result was an increase in cash holdings due to a lack of sukuk options to invest into.
04/13/2016
The bank's investment portfolio of SAR 28.6 billion at 31 March 2016 - a decrease of SAR 18.7 billion, or 39.5 %, from SAR 47.3 billion at 31 March 2015.