02/12/2016
Bahrain Middle East Bank reported profits for 2015 of $5.079 million, up 12 per cent. The results were helped by a reduction in net impairment provisions, down from $2.5 million in 2014 to just under $2 million in 2015.
02/11/2016
Full-year revenue grows 33% to Dh13.661 billion
02/11/2016
Growth in total assets reached around 8.2 per cent amounting to about $5.88 billion.
02/11/2016
The bank said after the stock market closed yesterday that it booked a loss of Dh466.6 million after it reduced its non-performing loans by Dh1.38bn to Dh983m last year.
02/10/2016
Founded in 1982, making it one of the oldest Middle Eastern private equity houses, Investcorp is best known in the global space for listing luxury goods brands
02/09/2016
On the other hand, total expenditures reached KD26.8 million compared to KD25.4 million, i.e an increase of 6 percent compared to the previous year.
02/07/2016
There have to be precautions and provisions if the situation continues with declining asset prices and declining stock markets that would lead to bad results
02/07/2016
Tough operating conditions to dent banking sector profitability
02/04/2016
RAKBANK reports net profit of AED 1.4 billion for 2015
However, provisions for Loan Impairments increased by AED 460.1 million over last year due to higher loan provisioning
02/04/2016
The bank has recorded a net profit of BD 1.9 million in the fourth quarter of 2015 compared to a net profit of BD 1 million reported in the fourth quarter of last year.
02/02/2016
In an interview with CNBC Arabiya NPLs shrank to 1.98%
02/02/2016
Earnings per share was calculated at 15.04 fils for 2015, compared to 13.05 fils for 2014
02/01/2016
Net profit up 6%, marking 16th consecutive year of increased profitability
02/01/2016
Three analysts polled by Reuters had forecast an average net profit for the quarter of 1.46 billion dirhams.
02/01/2016
The bank said its total profits before tax and provisions topped $1.1 billion in 2015.
01/31/2016
Two analysts polled by Reuters had forecast net profit for the quarter of 986 million dirhams and 1.12 billion dirhams respectively.
01/29/2016
The growth in deposits was 5%, increasing the total deposits at the bank to KD 4,563 million.
01/28/2016
It is almost 70 percent owned by an Abu Dhabi state investment fund.
01/28/2016
The board of directors propose 10% cash dividend.
01/28/2016
Bank Muscat has proposed 30 per cent dividend for the year 2015. Continuing the bank’s strong dividend payment track record