10/30/2018
CBI reports Dh142m 9-month profit
Q3 profits surged 83%; expense control, higher fee and commission incomes supported profit growth
Retail Banking
10/30/2018
Qatar- QFB posts QR425.5mn loss
The bank is continuing its programme of creating liquidity from private equity portfolio while working with partners on new opportunities in developed markets that will be seeded and managed by QFB.
10/28/2018
Arab Bank 9-month profits grow 7pc to $643m
He also highlighted that the Group has healthy asset quality metrics with credit provisions held against non-performing loans exceeding 100 per cent.
10/28/2018
Ahli United Bank and KFH say merger talks 'still ongoing'
Parties appointed banks in July to undertake valuations for a deal
10/28/2018
Jordan’s Arab Bank Group 9-month net profit rises 7 percent
Chairman Sabih al Masri said he expected the bank to continue to perform well due to its diversified operations and geographic spread across five continents that minimized risk.
10/28/2018
FaceOf: Rania Nashar, CEO of Samba Financial Group
Rania Nashar is the first female chief executive of a listed Saudi commercial bank
10/28/2018
IBQ 9-month net profit jumps 13% to QR487.5mn
All business segments generated a positive year-on-year total income performance, which contributed to the overall net profit increase and a significant improvement in cost income ratios.
10/26/2018
Qatar’s bank deposits grow 2.5% in September - QCB
Total deposits amounted to QAR 817.85 billion ($226.78 billion) in September
10/26/2018
Qatar banking assets rise 4% to hit QR1.4tn in September: QCB
The higher growth in credit to the private sector shows the resiliency in the overall economy outside the hydrocarbons even amidst the economic blockade and the increasing cost of credit
10/25/2018
NBF’s nine-month net profit up 15.1% to Dh462.1m
Rise in volume of business resulted in higher margins
10/25/2018
Qatar's Commercial Bank Q3 profit leaps on lower bad loan losses
The bank’s net impairment losses on loans and advances dropped to 188.7 million riyals in the quarter, down from 489.3 million riyals in the same period a year ago.
10/25/2018
Kuwait Finance House third quarter net profit rises 31.4%, beating estimates
Sharia-compliant lender is in merger talks with Bahrain's Ahli United Bank
10/25/2018
Burgan Bank Sponsors the First 'Awaken Festival' in Collaboration With en.v
The three-day Festival intends to support civil society organizations become more effective in addressing societal challenges, unite diverse community members to unleash the potential of everyone in Kuwait, ultimately contributing to a better future.
10/24/2018
RAKBank Group’s nine-month net profits up 10.8 per cent
Growth in net interest income and lower impairments support higher profitability
10/24/2018
First Abu Dhabi Bank to start commercial banking in Saudi Arabia this year
FAB is the latest foreign bank attracted by openings in Saudi Arabia
10/24/2018
Al-Baraka sweeps global awards
ABG and its four banking units received these awards for their prominent role in the Islamic banking sector
10/24/2018
Saudi Arabia’s National Commercial Bank Q3 profit rises 10.2 pct
SICO Bahrain forecast NCB would make a quarterly profit of 2.46 billion riyals.
10/24/2018
Commercial Bank’s nine-month net profit jumps 386%
By aligning itself with the economic objectives of the nation and providing a strong, stable and innovative financial institution to support Qatar’s economy, Commercial Bank is pleased to continue to be a part of Qatar’s growth story.
10/23/2018
FAB's profit up 12% on loans, advances
FAB's 9-month operating income rose 1 per cent to of Dh14.6 billion as loans and advances went up 3 per cent sequentially and 8 per cent year-on-year to Dh354 billion, the Abu Dhabi based lender said in a statement.
10/23/2018
National Bank of Bahrain seeks to buy shares in rival
Bahrain’s second-largest bank by market capitalisation mulls offer for shares in Bahrain Islamic Bank