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.
04/12/2016
Lenders’ loan-to-deposit ratio climbed to 125.9 percent from 121.8 percent in January, according to Bloomberg calculations.
04/10/2016
Barwa Bank’s customer deposits totalled QR25.5bn at a growth rate of 16.5% in 2015.
04/07/2016
The Group maintained an efficiency ratio (cost to income ratio) of 22.7 percent, which is considered one of the best ratios among financial institutions in the region, a statement said.
04/06/2016
This is a result of QNB Group's strong financial position, high quality of its assets and its leading position in the financial sector.
04/05/2016
Data showed that on a quarter on quarter basis the deal value declined in the first quarter of this year from $10.23 billion from 161 deals in the final quarter of 2015
04/05/2016
Regional markets correlation with oil prices remained high as oil, deficits and economic reforms continued to be key topics for the GCC countries.
04/05/2016
The increase in income is mainly attributable to fees on the acquisition and structuring of new investments and gains from exits completed during the year.
04/04/2016
Qatar-based banks' lending growth as driven by an increase in public sector spending backed by several initiatives taken by the government in the run up to FIFA World Cup 2020.
04/04/2016
Global markets have been witnessing exceptional volatility owing to factors such as consistently low oil prices, economic slowdown across the globe and changes in various exchange rates.
04/04/2016
Those profits have been achieved from the Corporation's main activities in the financial markets and direct investments in projects.
03/31/2016
The issuance price includes an issuance premium of 300 fils per share on top of the par value of 100 fils per share.
03/30/2016
Looking ahead, QFB management team is very well aware that there is still a great deal of work to be done on the bank's journey to success.
03/30/2016
During 2015, the Asset Management business remained resilient with KWD1.1 billion of assets under management.
03/28/2016
Net profit of Qatari banks declined 2.1 per cent, Global Investment House said in its Banking Sector Quarterly report.
03/27/2016
The attached financial statements provide detailed information on results and disclosures required by the law, regulatory authorities and address issues that are of concern to the various stakeholders of the Bank.
03/22/2016
This increase comes on the back of an increase in net financing income which reached KD 393 million
03/20/2016
An analyst at HSBC forecast the Kuwaiti lender would make a quarterly net profit of 18 million dinars.