Arab Bank’s profit for first 9 months up nearly 50% on higher interest, loans
Arab Bank Group’s profits have jumped by nearly 50% on the back of higher interest and commission income, as well…
Retail Banking
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Capital Bank’s profits hit JD 80mln by the third quarter of 2022, a 52% increase
Capital Bank Group announced JD80 million in net profits at the end of September 2022, compared with JD52.7 million during…
Saudi Arabia's SNB’s shares dip as it seeks to own 10% stake in Credit Suisse worth $1.5bn
Saudi National Bank, known as SNB, is all set to invest up to $1.5 billion in Switzerland-based Credit Suisse, as…
Credit Suisse Becomes Part of Saudi Crown Prince's Vision
Credit Suisse is bringing Saudi National Bank on board as one of its largest shareholders to increase capital. At the…
BBK discloses its financial results for the period ended 30th September 2022
BBK (trading code BBKB.BH) announce its financial results for the nine months ended 30th September 2022, including the third quarter…
Dubai’s biggest lender Emirates NBD posts 51% rise in Q3 net profit
Emirates NBD, Dubai’s biggest lender, has posted a 25% year-on-year (YoY) rise in net profit on the back of strong…
National Bank of Fujairah posts 155.1% rise in nine-month net profit
National Bank of Fujairah recorded Dhs230.7m in net profit for the first nine months of the year, growing 155.1 per…
QNB named Best Private Bank in Middle East
QNB Group, the largest financial institution in the Middle East and Africa, has topped its regional competitors as the “Best…
Gulf Bank of Kuwait and Mastercard revolutionise checkout experience
The new advanced version of Hosted Checkout technology will enable businesses to benefit from embedded Click to Pay experience Mastercard…
FAB's nine-month profit jumps 19% on lower provisions and higher interest income
First Abu Dhabi Bank, the UAE’s largest lender by assets, said net income for the first nine months of the…
First Abu Dhabi Bank CFO James Burdett retires
The UAE’s biggest lender First Abu Dhabi Bank said its group chief financial officer, James Burdett, has decided to retire…
Mashreq Bank Q3 profit jumps to $326.7mln
Dubai-listed Mashreq Bank has reported a profit of AED 1.2 billion ($326.7 million) for the third quarter of 2022, up…