NCB net record revenues reach SR 8.7 billion
Another record year for NCB: Highest-ever revenues with an increase of 10.2% compared to 2013 The National Commercial Bank…
Financial Results
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Arab National Bank reports $767m net profit for 2014
Arab National Bank (ANB) has reported a net profit of $767 million for 2014 compared to $673 million in 2013.…
SR4.27bn profit for Saudi British Bank
Saudi British Bank has posted a 0.6 percent drop in fourth-quarter net profit. The bank, an affiliate of HSBC Holdings,…
Bank Muscat Q4 profit drops in absence of insurance payout
Bank Muscat, Oman's largest lender, posted a 26.6 percent decrease in its fourth-quarter net profit on Thursday, missing analysts' estimates…
Saudi's Al Rajhi Bank Q4 net profit falls 1.8 pct, misses forecast
Al Rajhi Bank , Saudi Arabia's second-largest listed lender, posted a 1.8 percent drop in its fourth-quarter net profit, it…
Abu Dhabi's banks eye new pastures
The banking sector performed strongly in 2014, led by Abu Dhabi's raft of big-ticket projects, which have proved to be…
The Saudi Investment Bank reports 2014 net profits up 11.63 per cent
Total profit was up 25.51 per cent at SAR 2,531.2 million. Earnings per share rose from SAR 2.14 to SAR…
Banque Saudi Fransi posts robust net profit for 2014
Banque Saudi Fransi (BSF) has announced a robust net profit for 2014. BSF’s net profit for the year ended…
QNB Q4 net profit up 5.5 pct
QNB Group, one of the World’s Strongest Banks and the leading bank in the Middle East and North Africa, continued…
Launch of the MidEast's first online-only retail bank
Gulf International Bank (GIB) has launched the Middle East's first online-only consumer banking business, seeking to diversify after almost collapsing…
Bank AlBilad unveils plan to increase share capital
The board of directors of Bank AlBilad recommended on 8 January that the bank’s share capital be increased by 25…
Saudi's Riyad Bank Q4 net profit up 2.9 pct, beats forecasts
Riyad Bank, Saudi Arabia's third-largest lender by assets, posted a 2.9 percent rise in its fourth-quarter net profit on Sunday,…