Turkey's Ziraat Bank markets 5-yr dollar bond in 5.5 percent area – lead
Turkey's Ziraat Bank has given initial price guidance on a planned five-year U.S. dollar bond in the 5.5 percent area,…
Financial Results
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Firm sees big growth for financial services in UAE
The UAE continues to be a buoyant and lucrative market for financial services firms, said the head of the Dubai…
CBI reports Dh21 million first quarter net profit
Commercial Bank International (CBI) reported a net profit of Dh21 million for the first quarter of 2017 compared to Dh37…
Qatar's Masraf Al Rayan Q1 net profit falls 6.5 pct
Masraf Al Rayan , Qatar's second largest bank by market value, reported a 6.5 percent fall in first-quarter net profit…
ADIB net profit increases by 20 per cent in Q1 2017
The Abu Dhabi Islamic Bank (ADIB) Group has released its Q1 2017 results with net profit up 19.8 per cent…
Erdogan-Inspired Incentives Seen Boosting Turkish Bank Profits
Politics is proving to be a boon for Turkey’s banks that may continue for months to come. First-quarter profit…
ADIB reports rise in first quarter profit as economy picks up
Abu Dhabi Islamic Bank, the biggest Sharia-compliant lender in the emirate, said that first-quarter net profit rose 19.8 per cent…
Masraf Al Rayan posts QR510mn Q1 net profit as core earnings surge
Masraf Al Rayan, a Shariah-compliant lender, has reported a net profit of QR510mn in the first three months of this…
Funding expected to weaken, but liquidity to remain sound
Customer deposits which is a major cost effective funding source of Gulf Cooperation Council Islamic banks have been weakening during…
Foreign assets at Central Bank of Oman grow 12.4%
The gross foreign assets of the Central Bank of Oman and private sector deposits at commercial banks grew by 12.4…
UniCredit says Aabar is only investor with more than 5 pct
UniCredit Chairman Giuseppe Vita tells annual general meeting: Abu Dhabi's investment fund Aabar has 5.038 percent stake, no other…
NBAD, First Gulf profit surges 12.4pc in Q1
The National Bank of Abu Dhabi and First Gulf Bank reported Dh2.93 billion $797 million in net profits for the…