BankDhofar net tumbles 58% on RO26m provision
BankDhofar’s net profit plummeted 58 per cent to RO14 million for 2011, from RO33.28 million posted in the previous year,…
Financial Results
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First Gulf Bank reports 8 per cent growth in net profit
First Gulf Bank PJSC (FGB) said, it has posted 8 per cent growth in net profits reaching Dh3.70 billion in…
ADCB reports Dh3b net profit for 2011
Abu Dhabi Commercial Bank on Thursday reported Dh3 billion net profit for 2011 compared to Dh391 million reported in 2010.…
Profits up more than sevenfold at major UAE bank
Abu Dhabi Commercial Bank reported profits for 2011 more than seven times higher than a year earlier, with provisions falling.…
Commercialbank nets QR1.9bn gain
Commercialbank has reported a 15% jump year-on-year in its net profit to QR1.88bn on stronger core earnings and robust contributions…
Rakbank 2011 profits jump 20pc
Leading UAE bank Rakbank, also known as the National Bank of Ras Al-Khaimah, has posted a net profit of Dh1.203…
NBB sees profits increase by 6.1pc
National Bank of Bahrain (NBB) has announced financial results for the year 2011. The Bank achieved a Net Profit of…
National Bank of Fujairah's net profit surges 64.4%
National Bank of Fujairah reported Dh280.9 million net profit for 2011, up 64.4 per cent from Dh170.9 million in 2010.…
Bank Audi records modest 3.7 percent growth
The Lebanese economy went through slowdown in 2011 but seems to have avoided a recessionary environment. According to IMF, real…
Qatar Islamic Bank Q4 earnings slip 33 pct, miss views
Qatar Islamic Bank posted a 32.6 percent dip in fourth-quarter net profit on Wednesday, missing analysts' forecasts. QIB made a…
Saudi British meets market forecasts with 65pc jump in 4Q results
Saudi British Bank, the lender 40 percent owned by HSBC Holdings Plc, reported a 65 percent jump in fourth-quarter profit,…
Saudi Arabia’s largest bank posts 27% rise in net profit
National Commercial Bank, Saudi Arabia’s largest bank by assets, on Saturday posted a 27 percent increase in profit for last…