10/22/2018
Ahlibank net profit rises 3.8% to QR538mn in first 9 months
Ahlibank is now looking to build on the steady performance through investment in new technologies.
Retail Banking
10/22/2018
Bank of Sharjah’s nine-month net profits up 13%
Net operating income up 10 per cent to Dh538 million
10/22/2018
ADCB profits rise 5% as impairment costs drop
Bank says ‘no certainty’ yet on possible merger with UNB or Al Hilal Bank
10/22/2018
Mashreq reports 1.7b 9-month net profit
Impairment allowance declined by 8.6 per cent year on year
10/22/2018
QNB wins 3 MTN awards
QNB also won the ‘Deal of the Year’ award for its $2.4bn FRNs Series due 2020 .
10/22/2018
ADCB reports third quarter earnings increase
The bank reported a "par result with moderate earnings growth', analyst says
10/22/2018
AAIB opens six new branches in Greater Cairo, governorates, aims to increase number to 100
The series of branches includes Souhag, Sukhna port, Mandara, Abbasia, Shams Club, Obour Buildings
10/21/2018
SIB’s 9-month net profits rise by 10.5 per cent
Net operating income increased 17.1 per cent
10/19/2018
Doha Bank posts QR737mn profit
Doha Bank's total assets stood at QR 90.4bn as of September 30. Net loans and advances reached QR59.2bn in September, registering a growth of 0.3%.
10/19/2018
Riyad Bank's Q3 profit rises 8.2 pct, in line with forecasts
The bank attributed the stronger performance to a rise in special commission income and fee and commission income.
10/18/2018
National Bank of Bahrain Jan-Sept net profit jumps 11%
Strengthened results were supported by more prudent asset liabilities management
10/17/2018
Three Qatari banks report higher Q3 earnings, remaining banks' results needed to "draw larger conclusions", analyst says
QNB, QIIB and Masraf Al Rayan disclosed a rise in Q3 net profit, investors await other banks to report this week
10/17/2018
National Bank of Fujairah Launches ‘Ajyal’, a Bespoke Banking Service for Young Emiratis
The survey uncovered that when choosing their banking services partner, a bank’s reputation and zero-balance requirement helps define their decision.
10/16/2018
Commercial Bank bags ‘Best Bank in Qatar’ award
Commercial Bank has had a successful 2018 to date, indicating that the execution of its five-year strategic plan to be the best bank in Qatar is on track.
10/16/2018
Masraf Al Rayan records 9-month profit of QR1.63bn
Masraf Al Rayan continues to lead the banking sector with “one of the best” operational efficiency ratios of 23.12% compared to its peers in the market.
10/16/2018
Al Salam Bank launches Visa credit card offers
Customers can redeem their earned miles directly towards Gulf Air’s Falconflyer loyalty programme for a number of benefits
10/12/2018
Middle East banks decide bigger can be better
Sharp fall in oil prompted reforms and spurred interest in tie-ups
10/05/2018
Two Omani banks announce agreement to merge
It has also been agreed that Alizz Islamic Bank will continue to operate as a dedicated Islamic banking franchise of the merged entity and will maintain management autonomy ensuring that there will be no negative impact on existing customers or stakeholde
10/04/2018
Commercial Bank ‘committed’ to Turkey on long term: CEO
Turkey is a very important market in terms of its geopolitical positioning, importance as an economy, size of its population and importance to the Gulf region.
10/03/2018
Arab National Bank named best retail bank in Kingdom
World Finance grants annual awards to banking and investment sectors around the globe