QFB reports 7% increase in income to QR34.2m in Q1
Qatar First Bank (QFB) has reported a profit of QR12.3m for the first quarter of this year (Q1, 2020) attributable…
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Turkey push for cheap credit pays off as banks turn on taps
Turkey’s push for cheap credit to mitigate the fallout from the coronavirus is bearing fruit, as companies and consumers take…
Qatar Wealth Fund seeks $7.6 billion loan backed by stock
Qatar’s sovereign fund is borrowing around 7 billion euros ($7.6 billion) against its stock holdings, as the top liquefied natural…
National Bank of Bahrain launches enhanced virtual training programme
The National Bank of Bahrain has announced a first-of-its-kind Virtual Training Calendar driven by EMIC Training and in collaboration with…
Lebanese banks draft national rescue plan that keeps some of their capital
Lebanese banks are working on a national financial rescue plan that would preserve some of their capital rather than writing…
Two UAE banks cut credit card limits as COVID-19 crisis deepens
If you activate several new cards, apply for a personal loan or carry a high debt, your limit could be…
Qatar National Bank expected to sell $750 mln-$1 bln in bonds -sources
Qatar National Bank, the Gulf’s biggest lender, is expected to sell between $750 million and $1 billion in five-year bonds…
EBRD provides US$ 175 million financing package to Turkey’s DenizBank
EBRD US$ 175 million loan helps DenizBank ramp up lending to clients under stress US$ 100 million dedicated to support…
Ahlibank named ‘Best Bank for Treasury Services Qatar 2020’
Ahlibank, a leading Qatariowned financial institution, has been named the winner of the Global Banking & Finance Review Awards 2020…
Qatar National Bank sells $1bln in five-year bonds – sources
Qatar National Bank, the Gulf's biggest lender, sold on Tuesday $1 billion in five-year bonds, two sources said, the first…
Results Review : Commercial International Bank 1Q20
Bottom line down on surge in COR and hefty tax margin; solid NII remains a key positive Commercial International…
Ahlibank wins major award
Ahlibank was named the winner of the ‘Global Banking & Finance Review Awards 2020’ for the “Best Bank for Treasury…