ABK records KD 30.4 mn net profit for 2015
Al Ahli Bank of Kuwait today announced Operating Profits of KD 87.3 million for 2015, up 5.8 percent from last…
Retail Banking
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Bahrain Middle East Bank net profit up 12 per cent to $5 million
Total assets fell by just under $1 million to $171.87 million while total liabilities contracted further; down from $141.8 million…
KHCB opens 11th branch in Bahrain
Khaleeji Commercial Bank, one of Bahrain’s Islamic retail banks, has formally inaugurated the opening of a new branch located in…
Warba Bank consolidates its position in the local market and expands its operations in the regional and international markets.
Warba Bank, which is one of the fastest growing banks in Kuwai toffering the entire spectrum of world-class Sharia‑compliant banking…
Jordan Islamic Bank pre-tax profits up 17 per cent
Jordan Islamic Bank achieved pre-tax profits of $ 105.4 million for 2015, up almost `17 per cent on year ago…
Debt write-offs lead to loss at CBI
The Dubai-based lender Commercial Bank International said it booked a loss last year after it more than halved its non-performing…
Bank Nizwa achieves operational break-even
Bank Nizwa, Oman’s first dedicated Islamic bank, achieved operational break-even point between revenue and expenses, reporting a total revenue growth…
Al- Dawli realizes 17% growth in net profit for 2015 – KIB’s financial income grew to 63.2 million: Al-Jarrah Al-Sabah
Sheikh Mohammed Al-Jarrah Al-Sabah, Chairman of Kuwait International Bank (Al-Dawli) announced that during 2015, the Bank’s profits have grown by…
Challenging times for Qatar banks, but outlook positive, says KPMG
Listed banks in Qatar have delivered a modest set of results for the year ended 31 December 2015 when compared…
Trade Bank of Iraq selects Misys to provide world class banking solutions
Misys had announced that it has been selected by Trade Bank of Iraq as a strategic partner to assist the…
Al khaliji wins 'Banker Middle East' awards
Al Khaliji Commercial Bank has earned four accolades from the 'Banker Middle East Qatar Product Awards 2015.' It includes…
RAKBANK reports net profit of AED 1.4 billion for 2015
RAKBANK Group has announced AED 1,405.3 million in Net Profit for the year ended 31 December 2015, a marginal decrease…