04/24/2013
RAKBANK rports 13% growth in first quarter profit
This increase is due to several streams of fee income stemming.
Retail Banking
04/24/2013
FGB recognised as the “Best Local Bank in the UAE”
The bank demonstrates a commitment to grow its market share and presence in Islamic finance.
04/24/2013
Bahrain’s Ahli Posts Q1 Profit Jump After Qatar Sale
Bahrain’s Ahli United Bank posted a big jump in first-quarter net profit
04/23/2013
Turkish government to take action against high banking fees
Turkish government is set to introduce a new scheme that tasks Turkey’s banking watchdog BDDK to regulate banking fees and commisions, which have been slammed by consumers
04/23/2013
National Bank of Abu Dhabi Q1 net profit up 36 pct
Q1 profit 1.40 bln dhs vs 1.04 bln dhs
04/20/2013
Bank Sohar income grew 9.3 per cent in Q1
Bank Sohar announced that its net profit grew 14.1 per cent year-on-year to RO6.08mn in the first quarter ended March 31, 2013.
04/18/2013
Commercial Bank of Qatar reports 7% increase in first quarter profit
They will focus on growing its international operations
04/18/2013
Bank Audi profit falls on costs of Turkish unit launch
One of the few promising sectors in a region hit by the turmoil of the Arab uprisings.
04/17/2013
National Bank of Kuwait First-Quarter Profit Beats Estimates
This year “holds a promising outlook for the operating environment in Kuwait in contrast to last year
04/17/2013
Union National Bank's Q1 net profit rises 4.2 pct
Q1 net profit 495 mln dhs vs 475 mln dhs yr-ago
04/16/2013
Oman’s Bank Muscat misses profit forecast on fraud provision
Bank Muscat made a 15-million-rials one-off provision after some of its prepaid travel cards were hit by fraud
04/13/2013
NBK opens a new branch in Abu Dhabi
NBK-Abu Dhabi comes as part of the Bank's expansion strategy in the UAE which started with its first branch in Dubai in 2008
04/11/2013
Denizbank to buy Citibank consumer business in Turkey
the acquisition was expected to close in the third quarter, subject to regulatory approvals.
04/10/2013
HSBC Bank Egypt Continues its Growth Plans in Egypt
HSBC Bank Egypt Inaugurates Two New Branches in Cairo in the presence of MENA Regional Head of Retail Banking and Wealth Management
04/10/2013
Saudi Hollandi Q1 net profit up 19.4% to SAR346.3m
The SHB stated that its total operating income during Q1 stood at SR 583.9 million compared to SR 539.9 million for the same quarter last year, an increase of 8.1 percent
04/10/2013
Saudi British Bank Q1 net profit rises 11% to SR 948 m
This is an increase of SR 94 million or 11.0 percent compared to SR 854 million for the same period in 2012
04/09/2013
Gulf Bank appoints new General Manager of Consumer Banking
He was previously with Standard Chartered Bank in Singapore where he was Chief Operating Officer for Products and Segments and Consumer Finance.
04/09/2013
Bank chief says Lebanon’s banking situation “good”
Lebanon is one of the countries that wasn’t affected by the financial crises hitting the world since 2008
04/07/2013
Qatar National Bank Q1 net profit up 6.7 pct on loan growth
Qatar National Bank, the acquisitive Gulf Arab lender, posted an 6.7 percent jump in first-quarter net profit
04/07/2013
Doha Bank opens Sydney representative office
IMF’s World Economic Outlook update in January forecasted that the global economy would grow by 3.5% in 2013