02/28/2014
The chief executive of the bank Abdul karim Bucheery, in a statement seen by “Twilight News”, that the expansion in the Kurdistan Region of Iraq will be the next step to the bank, if there is a market study that led to positive results.
02/27/2014
First Gulf Bank, Abu Dhabi’s most profitable lender, said it expects to continue reporting double-digit growth amid a growth spurt in the UAE economy, which grew more than 4 per cent last year.
02/27/2014
HSBC has sold its bank in Kazakhstan to the country's second biggest lender, Halyk Bank HSBK.KZ, for $176 million in cash, continuing a retreat from countries that are unprofitable or where it lacks scale.
02/25/2014
ABC Islamic Bank, a subsidiary of Bahrain-based Arab Banking Corporation, has posted a net profit of $12.2 million for 2013, up 48 per cent compared to the previous year.
02/11/2014
Commercial Bank of Qatar , the country's second-largest lender by assets, reported a drop in fourth-quarter net profit on Monday, missing analysts' forecasts as provisioning for bad loans rose substantially.
02/10/2014
Commercial Bank of Qatar , the Gulf Arab state's second-largest lender by assets, reported a third successive quarterly decline in net profit on Monday as higher provisions for bad loans once again hurt its earnings.