Qatar bank lending growth accelerates in June
Annual growth in Qatar's bank lending accelerated in June, central bank data showed on Sunday. QATAR MONEY SUPPLY END-JUNE…
Financial Results
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Arab Bank Group reports first half 2017 net income after tax of USD 415.2 million
Arab Bank Group announced its results for the first half of 2017 reporting net income after tax of USD 415.2…
UAE's First Abu Dhabi Bank posts Q2 net profit of 2.56 bln dirhams
First Abu Dhabi Bank , created by a merger of National Bank of Abu Dhabi and First Gulf Bank on…
Saudi's Alawwal Bank reports 40 pct drop in quarterly profit
Alawwal Bank, Saudi Arabia's oldest bank, reported a 40 percent fall in second-quarter net profit on Thursday as impairment charges…
NCB’s net income up 1% in H1
The National Commercial Bank announced that net income for the first half 2017 reached SR5,120 million compared to SR5,068 million…
Qatar’s banking system witnesses double-digit deposit growth since end-2016: says NBK report
Qatar’s banking system has witnessed double-digit deposit growth since last December as oil prices have firmed up over that period,…
Al Rajhi Bank reports SAR 403 million for the second quarter
Abdullah Bin Sulaiman Al Rajhi, Chairman of the Board of Directors at Al Rajhi Bank announced that during the second…
Banque Saudi Fransi reports strong results in first half of 2017
Banque Saudi Fransi (BSF) has achieved strong results for the first half of the year, with a net profit of…
Foreign Bank Deposits in Qatar Fall Most Since 2015 on Spat
Foreign deposits at Qatar’s banks fell the most in almost two years last month as customers withdrew funds following a…
UAE Surplus Reserves Jump 77.6 Percent in June
Surplus reserves at UAE banks and other financial institutions surged to AED 42.8 billion ($11.6 billion) by the end of…
Saudi bank SABB says Q2 net profit falls 1.9 pct on bad debt charges
Saudi British Bank , the kingdom's sixth-largest bank by assets, posted a 1.9 percent drop in its second-quarter net profit…
Saudi Arabian Monetary Agency says foreign assets close to SAR 2 trillion
Foreign assets of the Saudi Arabian Monetary Agency and the commercial Saudi banks reached SR1.996 trillion by the end of…