Saudi banks grow despite economic threat
In spite a slowdown in world economy, the performance of Saudi banks remained sound in 2014. Fitch Ratings says…
Financial Results
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Bank Dhofar net profit rises 14.23 percent to OMR40.45 million in 2014
Revealing yet another year of continuous success and tremendous growth, BankDhofar recently announced its financial statements and the auditors’ report…
Qatar Insurance Company (QIC) reports record net profit of $275 million
The Group has grown its asset base to $4.4 billion from $3.2 billion in 2013, while maintaining robust levels of…
NBAD Reports Record 4th Quarter and Full Year 2014 Results.
The National Bank of Abu Dhabi reported net profits of AED 1.372 billion in the first quarter of 2014, marginally…
FGB 2014 net profit at AED 5.66 billion, up 18 per cent from 2013
FGB, one of the leading Banks in the UAE and the largest by market capitalisation continued to achieve record results…
Commercial Bank of Dubai’s 2014 profit rises 19% to Dh1.2b
Dubai lender’s personal banking loan portfolio grew 35% to Dh4.5b while customer deposits went up 3.9% to Dh32.2b. Commercial…
Bank Audi Consolidated Activity Highlights as at End-December 2014
In 2014, the Lebanese economy has witnessed a relative improvement in performance, though much lower than its potential capacity, within…
HSBC Bank Oman announces its results for the year ended 31 December 2014
HSBC Bank Oman S.A.O.G. announced a net profit of RO12.2m for the year ended 31 December 2014, which represented an…
Union National Bank announces profit of AED 2,021 million, up by 16 per cent
Union National Bank (UNB, reported another year of record profit with the UNB Group profit being AED 2,021 million for…
Gulf Bank Q4 net profit climbs 10.7 pct, proposes stock dividend
Kuwait's Gulf Bank , the Gulf State's fourth-largest lender by assets, reported a 10.7 percent rise in fourth-quarter net profit…
Gulf Bank Posts a 10% increase in Net Profit to KD 35.5 Million in 2014
Operating Profit reaches KD 106.8 Million. Net Profit at KD 35.5 Million up by 10%. Loan book growth…
Results point to a challenging year ahead for Saudi banks
Preliminary results of Saudi banks showed that the profits of the listed banks grew by about 10 per cent to…