UAE national banks post Dhs7.7 billion net profit in first quarter of 2021
According to data issued by the these banks, six ADX-listed banks booked around Dhs4 billion in profits during the first…
Retail Banking
8801 articles found
Du secures $1bln financing deal with a group of banks
Emirates Integrated Telecommunications Company PJSC (Du) has confirmed long-term financing of more than $1 billion to use for general corporate…
HSBC launches Green Deposits for corporate and institutional clients in the UAE
HSBC has launched Green Deposits in the UAE, which will give corporate and institutional clients a mechanism to make USD…
Arab Bank Group reports first quarter 2021 net profit of $128.3 million
Arab Bank Group has consolidated the financial statements of Oman Arab Bank under Group accounts in the first quarter of…
Dukhan Bank first-quarter net profit jumps 10.3%
Dukhan Bank has posted a first-quarter net profit of QR267mn, up 10.3% on the first quarter of 2020. The…
SABB reports profit of SAR 970 million
The Saudi British Bank (“SABB”) recorded a net profit after Zakat and income tax of SAR 970 million for the…
Commercial Bank of Dubai ’s profit up 3.1% at $88.55mln
Commercial Bank of Dubai (CBD) has reported a 3.1 per cent increase to Dh325 million in first-quarter net profit year…
Mashreq posts $11.71mln net profit in Q1
Leading UAE financial institution Mashreq reported on Thursday a Dh43 million net profit for the first quarter of 2021. …
Ebdaa Bank: Almoayyed's a prominent Arab model for successful businesswomen
Ebdaa bank for Microfinancing – Bahrain, stated that the achievement of its chairman, H.E. Mona Yousuf Khalil Almoayyed, in maintaining…
Omani banks face rising bad loans amid slow economic recovery
Omani banks’ intrinsic credit profiles face pressure throughout 2021 due to economic disruption caused by the pandemic and the government’s…
Saudi National Bank posts 20 percent rise in quarterly profit
Saudi National Bank, the country’s biggest lender, posted a 20.3 percent rise in first-quarter net profit with lower impairments and…
Dubai Islamic Bank profit down year-on-year but quarterly growth brings cheer
Dubai Islamic Bank posted a strong rebound in first-quarter 2021 profit compared to the preceding three months, bringing cheer to…