ADCB’s fourth-quarter net profit falls 16%
Abu Dhabi Commercial Bank reported a 16 per cent fall in fourth-quarter net profit on Tuesday as impairments rose. …
Financial Results
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NBAD posts higher profit on low expenses and impairments
National Bank of Abu Dhabi (NBAD), which is merging with Abu Dhabi lender FGB, reported a 28 per cent rise…
Abu Dhabi Commercial Bank Q4 profit drops 16% on impairments
Abu Dhabi Commercial Bank on Tuesday posted a 16 per cent drop in fourth-quarter profit, in line with analysts’ forecasts,…
Jordan's Arab Bank group says 2016 net profit rose 20 percent
Jordan's largest lender, Arab Bank Group, said on Saturday its 2016 net profit rose 20 percent to $533 million, saying…
HSBC Bank Oman reports profits up 31 per cent, names new chairman
In a statement to the Muscat Securities Market, HSBC Bank Oman reported net profit increased by 31 per cent to…
GCC bank profits expected to improve in 2017
Profitability of Gulf Cooperation Council banks are expected to improve this year after going through a slowdown last year according…
Dubai Islamic Bank profit up 6pc to $1.1bn
Dubai Islamic Bank, the first Islamic bank in the world and the largest Islamic bank in the UAE by total…
Mashreq Bank 2016 net profit at Dh1.9b
Mashreq Bank said on Wednesday net profit for 2016 fell to 1.9 billion, compared to the Dh2.4 billion recorded in…
QIIB records QR1.7bn total revenue in 2016
Leading Islamic lender QIIB has recorded a total revenue of QR1.7bn for the full-year 2016. The bank’s net profit…
Banks Steal the Limelight on Biggest Firms Rankings
Industrial Management Institute has released the list of 500 largest Iranian companies, gauging them on the basis of their generated…
Qatar Insurance posts FY profit of 1.03 bln riyals
* FY net profit 1.03 billion riyals versus 1.04 billion riyals year ago * Board recommends FY cash dividend…
Kuwait International Bank's profit jumps 14 per cent in 2016
Financing income increased by 12 per cent reaching KWD 71 million, compared to KWD 63.2 million during 2015. Revenue…