Credit Agricole Egypt Q1 profit up 15 per cent
Credit Agricole Egypt (CAE) reported 1Q2013 net profit of EGP 146 million, up 15 per cent YoY and 47 per…
Retail Banking
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International Bank (Bahrain) reports USD 1.8 in net profit for Q1, 2013
The International Bank's CEO, Dr. Zakariya Higris, in a statement published today said that these profits reflect the Bank's strategy…
Burgan Bank Group reports net profits for Q1 2013
Burgan Bank Group reported today KD 15.6 million net profits for the first quarter of 2013 after taking KD 5…
Union National Bank opens 7 new branches in UAE
In a major push towards business expansion, Abu Dhabi-based Union National Bank (UNB) on Wednesday announced the opening of seven…
Turkish banks Q1 net profit up 16.3 pct to 6.95 bln lira
The Turkish banking sector's net profit jumped 16.3 percent year-on-year to 6.95 billion lira ($3.9 billion) in the first quarter,…
Bank loyalty low among UAE customers
When it comes to banking, customers in the UAE are a pretty dynamic bunch. Residents in this part of the…
HSBC Bank Oman shuuters 4 branches
Following its formation in June 2012, the bank's senior management carried out a comprehensive branch review resulting in the segmentation…
Interview: United Arab Bank CEO
The UAE lender has not opened a new branch in Dubai for almost 14 years and yet it reported a…
Gulf banks seeking to expand regionally
For years, Dubai’s top bank Emirates NBD relied on its home base and cosy relationship with leading government-related entities in…
Qatar bank steals top spot from OCBC as world's strongest bank
Singapore is no longer home to the world's strongest bank, according to Bloomberg Markets Magazine's third annual ranking of the…
HSBC Bank Oman’s first-quarter net profit rose 91%
HSBC Bank Oman, a unit of HSBC, on Tuesday said its first-quarter net profit rose 91 percent from a year…
Turkish government to take action against high banking fees
The Turkish government has adopted a new approach to banking fees and commissions, Customs and Trade Minister Hayati Yazıcı said…