10/26/2022
FAB's nine-month profit jumps 19% on lower provisions and higher interest income
Net impairment charges for loan losses fell 11 per cent to $472m
Retail Banking
10/26/2022
Mashreq Bank Q3 profit jumps to $326.7mln
CEO said despite global financial headwinds, the bank is in a position to build on “robust” results
10/25/2022
Abu Dhabi Commercial Bank reports record quarterly net profit of $433mln
Solid earnings growth as UAE economy remains resilient against challenging global backdrop
10/25/2022
Dubai Islamic Bank Nine Months 2022 Group Financial Results
The Board has full confidence in UAE’s efforts in demonstrating effectiveness to the Financial Action Task Force
10/24/2022
Omani banks’ profits rise 13% to RO308mn in first nine months of 2022
The preliminary financial results showed that the total banking sector assets increased to RO36.2bn at the end of September 2022 from RO35.4bn recorded a year ago.
10/21/2022
Boubyan Bank records Net Profit of KD 49mln for the period ended September 2022
Profit growth of 52%
10/21/2022
Qatar's Commercial Bank revenues exceed $600m in 9 months
"The Bank also continues to benefit from Qatar's strong economy and this should only increase with the onset of the 2022 FIFA World Cup and its positive impact on the country."
10/21/2022
Al-Mansour Bank share price increases 14%
During Last Month, Over-performing RSISX index by 7%
10/21/2022
Al-Marzouq: KFH Achieved KD 205.8 Million Net Profit up to the end of Q3 2022; an increase of 22.4%
Total assets for Q3 of 2022 reached KD 22.67 Billion; an increase of KD 880.1 million or 4% compared to end of last year.
10/20/2022
National Bank of Kuwait logs $1.2bln 9M net profit
Net profit for the three-month period ended 30 September 2022 reached $438.9 million, a year-on-year increase of 45% from the comparable period in 2021
10/20/2022
United Arab Bank launches ‘Tomouh' to empower Emirati graduates
The program will offer more opportunities to skilled and talented Emirati graduates in the banking sector
10/19/2022
Emirates Development Bank approves Dhs4.4bn in loans in first nine months of 2022
Emirates Development Bank approved Dhs1.3bn towards financing mSMEs and Dhs3.1bn to fund industrial development and infrastructure projects
10/18/2022
Burgan Bank takes part in KBA’s 80 years of banking event
The Burgan team joined the rest of the high-level invitees to the exclusive event, including the Kuwait delegation to the Annual Meetings, Kuwait’s Ambassador to Washington, DC, Jasem Mohamed Albudaiwi and key decision makers from across Kuwait
10/18/2022
QIB posts profit of QAR 2,850mln for the nine months’ period ended 30 September 2022
Total assets at QAR 184bln
10/17/2022
Commercial Bank delegates receive ‘Best Bank in Qatar’ award at Global Finance’s ceremony
Commercial Bank has been selected as the winner of the “Best Bank in Qatar” Award for the third time in five years by Global Finance’s editorial board based on extensive consultation with bankers, consultants and industry analysts.
10/17/2022
Commercial Bank participates in IIF and IMF meetings in Washington DC
With this participation, Commercial Bank enhances its leading position as a pioneer in innovation banking on the local and global level.
10/14/2022
Bank Muscat posts net profit of over $385mln till end of September
The Bank posted a net profit of RO 148.29 million for the period compared to RO 140.16 million reported during the same period in 2021, an increase of 5.8 per cent.
10/14/2022
Bahrain’s innovation ecosystem facilitates rapid digital transformation
Forward-thinking financial regulations in Bahrain not only allow fintech innovation to flourish, they are also increasing the sophistication of the country’s financial ecosystem.
10/12/2022
Ahli United Bank and Montran Corporation to Deliver Virtual Accounts Management to Ahli United Bank Corporate Clients
Ahli United Bank will enhance its value propositions for its various corporate client segments in the Middle East and North Africa via Montran's next-generation solutions
10/12/2022
Bank of Bahrain and Kuwait B S C : Invest and live in Dareena Dilmunia with Mortgage Loans from BBK
On this occasion, BBK and Ithmaar Development Company, the main developer of Dilmunia Island, have inked a partnership agreement at Ithmaar Development Company headquarters located at the Bahrain Financial Harbour.