Saudi Riyad Bank's Q4 profit up on lower impairment charges
Riyad Bank, Saudi Arabia’s fourth-largest lender by assets, posted a huge rise in fourth-quarter net profit on Tuesday, beating analysts’…
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Barclays Bank faces fresh SFO charges over 2008 fundraising
The Serious Fraud Office has charged Barclays Bank over a $3bn (£2.2bn) loan given to the State of Qatar as…
Bank ABC 2017 net profit up 6pc to $193m
Bahrain-based Bank ABC (Arab Banking Corporation) has posted consolidated net profit of $193 million for the year 2017 as against…
Emirates NBD main sponsor of Indian trade fair in Jeddah
Saudi Arabia successfully participated in the Indian trade fair held recently in Jeddah. Mohammed Shahid Alam, India’s deputy consul…
Saudi's Al Rajhi Bank Q4 net profit rises 20%
Al Rajhi Bank, Saudi Arabia's second-largest lender by assets, reported a 19.8 percent rise in its fourth-quarter net profit on…
CBD 2017 profit surges 9.4pc to $474m
Commercial Bank of Dubai has reported a 9.4 per cent increase in operating profit of Dh1,742 million ($474 million) for…
Growth momentum to stimulate FDI, head of Turkish investment agency says
Turkey's growth rate in the first three quarters of 2017 was above expectations, with 5.3 percent growth from January to…
Banking's new horizon
The future. It’s always interesting to imagine new possibilities and how things might change tomorrow, or many years ahead. …
QNB scoops five top IR Excellence awards
Qatar National Bank (has won five top awards, including the best Qatari company award and best large cap company award,…
QNB Group Announced the Successful Closing of the Syndication for Its USD 3.5 Billion Three Year Senior Unsecured Term Loan Facility
QNB Group,announced the successful closing of the syndication for its USD 3.5 billion three year senior unsecured term loan facility.…
Saudi NCB net profit up 11.8 pct as expenses, impairments drop
Saudi Arabia’s National Commercial Bank (NCB), the kingdom’s largest lender, reported an 11.8 percent rise in fourth-quarter net profit on…
ABG Egypt net profits rises 42pc
Al Baraka Bank Egypt, a subsidiary banking unit of Al Baraka Banking Group and its investment arm in Egypt, yesterday…