Asset quality of GCC banks expected to weaken further
The less-supportive economic environment is expected to result in further deterioration in asset quality. As of September 30, 2016,…
Retail Banking
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Jordan's Arab Bank group says 2016 net profit rose 20 percent
Jordan's largest lender, Arab Bank Group, said on Saturday its 2016 net profit rose 20 percent to $533 million, saying…
Doha Bank wins ‘Best Commercial Bank Qatar 2016’ at IFM awards
Doha Bank has won the honour for ‘Best Commercial Bank Qatar 2016’ in the ‘Commercial Bank Category’ during the 2016…
Bank credit of conventional banks in Oman increases by 6.5%
Oman’s conventional banks have achieved a 6.5 per cent growth in total credit disbursements, while credit to the private sector…
HSBC Bank Oman reports profits up 31 per cent, names new chairman
In a statement to the Muscat Securities Market, HSBC Bank Oman reported net profit increased by 31 per cent to…
Doha Bank wins “Best Commerical Bank, Qatar 2016 “at IFM Awards
Doha Bank was honoured with the “Best Commercial Bank Qatar, 2016” in the “Commercial Bank Category “at the International Finance…
Abu Dhabi Investment Council’s stake in ADCB rises after lender’s capital reduction
Abu Dhabi Commercial Bank says its main shareholder, the Abu Dhabi Investment Council, now owns 62.52 per cent of the…
Qatar's total domestic public debt rises by QR29.7bn to QR427.8bn
Qatar’s total domestic public debt, including the issuance from government; government institutions and quasi-governmental institutions, rose by QR29.7bn to reach…
Banks Steal the Limelight on Biggest Firms Rankings
Industrial Management Institute has released the list of 500 largest Iranian companies, gauging them on the basis of their generated…
Warba Bank names Clements chief Retail Banking Officer
Warba Bank has announced yesterday that, with immediate effect, Simon Clements has been named Chief Retail Banking Officer, taking over…
Al Khaliji’s 10 years mark continuous growth, strong financial indicators
Al Khalij Commercial Bank is “continuing to push forward its vision” of converging human capital, technology and business to unlock…
Doha Bank wins coveted award for CSR
The 11th International Conference on Corporate Social Responsibility & Presentation of Golden Peacock Awards was organised by Institute of Directors…