Turkish banking sector net profit hits all-time high
Turkish banking sector's annual net profit reached 49.1 billion Turkish liras ($13 billion) in 2017, hitting an all-time high profit,…
Financial Results
4429 articles found
NBB reports record net profit of BD 61million for 2017
National Bank of Bahrain reported strong financial results and growth for the financial year ended 31 December 2017 with record…
Rising Middle Eastern private wealth means advisers need to stay sharp
The Middle East’s economic fluidity has been running its course towards a more stable and robust investment growth despite inflection…
First Abu Dhabi Bank's 2017 profit crimped by merger costs
First Abu Dhabi Bank, the largest bank in the United Arab Emirates, on Monday reported a 3.5 percent profit fall…
Qatar's Commercial Bank reports Q4 profit jump, beating two forecasts
Commercial Bank, Qatar's third-largest lender by assets, reported a large increase in fourth-quarter net profit on Monday, according to Reuters'…
Abu Dhabi Commercial Bank Q4 net profit up 7%
Abu Dhabi Commercial Bank posted a 7 percent rise in fourth-quarter net profit on Sunday, bolstered by a rise in…
Arab Bank Group reports net profits of $533 million
Arab Bank Group closed 2017 with solid results, reporting a growth in net operating income of 8 per cent as…
Kuwait Finance House's fourth-quarter net profit flat
Kuwait Finance House, the country's biggest Islamic lender, reported flat fourth-quarter net profit, according to Reuters calculations based on the…
Jordan's Arab Bank group says 2017 net profit unchanged at $533mln
Jordan's largest lender, Arab Bank Group, said on Saturday its 2017 net profit came to $533 million, barely changed from…
Mideast investors have reasons to retain trust in City
With office investment in 2017 in the City of London hitting £12.2 billion — doubling the 10-year annual average (£6.259…
Saudi bank merger outlook to be clear by end-Q1 -central bank chief
The outlook for a proposed merger of Saudi British Bank and Alawwal Bank will become clear by the end of…
BMI Investment Arm to Sell Shares in 30 Firms
Bank Melli Iran’s large-cap investment arm, Tosee Melli Group Investment Company, is planning for a major downsizing by selling off…