Khaleeji Commercial Bank reports net loss
The Bahrain-based bank reported total assets rose by 14.6 per cent to BHD 542.242 million while total liabilities rose 9.3…
Retail Banking
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QNB is the Middle East's Most Valuable Bank Brand
The Brand Finance Banking 500, released today, is an annual study conducted by Brand Finance plc, the world's leading brand…
Al Salam Bank and BMI Bank conclude business combination
Al Salam Bank Bahrain BSC and Bahraini retail and commercial banking institution, BMI Bank B.S.C. (c), concluded their business combination…
Profits rise 8% at Egypt's largest bank
Egypt's largest bank saw an eight percent rise in its net income in the fiscal year 2012/13 compared to the…
Bank of Sharjah net profit up 27pc
Bank of Sharjah, a leading bank in the UAE, has registered a net profit of Dh353 million ($96 million) in…
GCC Banks Rebound As Economy Recovers
Off the back of steadier results Gulf banks have been helped by a more in the previous year, 2013 was…
OAB appoints new CEO
In a step to further boost growth and as part of its strategic plan, Oman Arab Bank has announced the…
Union National Bank announces profit of AED 1.75 billion, up by 9%
o Operating income for the UNB Group increases by 4% to AED 3,212 million in 2013 o Sustainable growth in…
Dubai Islamic Bank Q4 Net Profit Up 66.2%
Dubai Islamic Bank, the largest sharia-compliant lender in the emirate, posted a 66.2 per cent jump in fourth-quarter net profit,…
Abu Dhabi's First Gulf Bank Q4 net profit up 19 pct
Abu Dhabi's First Gulf Bank on Wednesday said its fourth-quarter net profit rose 19 percent aided by strong investment returns…
RAKBANK announces AED 1.43 billion in profit for 2013
Rakbank announced AED 1,430.8 million in net profit for 2013. In its first year, the Bank's Islamic Finance division -…
Bank Nizwa Posts RO12.3MN Net Loss
Bank Nizwa, Oman's first Islamic bank, has reported a net loss of RO12.3mn for the period ended December 31, 2013,…