Cash-rich Gulf banks grab top spots in region's loan market
Cash-rich Gulf banks are grabbing a growing share of the region's loan market as they cut fees and ease terms,…
Retail Banking
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Banque Du Caire Registers Profits in H1
An official source in Banque Du Caire said his bank achieved around EGP700million profits during the first half of the…
Jordan bank's profit up 16pc
Jordan's Housing Bank for Trade and Finance, the country's second largest lender, posted a 16.4 per cent increase in first-half…
SICO's net profit surges 166pc
Securities & Investment Company (SICO), licensed by the Central Bank of Bahrain as a conventional wholesale bank, announced its financial…
UAE bank results point to strengthening profitability and asset quality
Gulf International Bank B.S.C. (GIB) reported consolidated net income after tax of US$50.2 million for the six months ended 30th…
Middle East companies face $91b in refinancing needs
Middle East investment grade companies face refinancing needs of about $91 billion (Dh334 billion) from bank and bond debt due…
Egypt’s Commercial International Bank unveils record results
Chairman and managing director Hisham Ezz Al-Arab said, "Quarterly revenue of over EGP2bn showed year-on-year growth of 18%, with Egyptian…
Dubai lender ENBD Q2 net profit jumps 34.8pc, beats estimates
Emirates NBD the largest bank in UAE by Total Income and branch network, delivered an impressive set of financial results…
Key Dubai banks beat profit estimates
Leading Dubai based banks exceeded analyst’s expectations to report strong 2014 first half results on Thursday. While Emirates NBD…
RAKBank posts Dh700m H1 net profit
RAKBank on Tuesday reported a net profit of Dh700.4 million for the first half of 2014, dow Dh59.6 million over…
Commercial Bank of Qatar Q2 net profit dips 3 pct
Commercial Bank of Qatar , the Gulf Arab state's second-largest lender by assets, suffered a 3 percent decline in second-quarter…
NBQ posts Dh186.32 million first half net profit
National Bank of Umm Al Quwain (NBQ) on Wednesday reported Dh186.32 million net profits for the first six months of…