2009
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Bank Muscat to write down Silkbank investment
Oman's biggest lender, Bank Muscat has announced that since it has no plans to subscribe to the... Read full article »
Commercial Bank of Qatar raises$1.6bn bonds
Commercial Bank of Qatar has raised $1.6bn in bonds by selling $1bn in five-year notes yielding... Read full article »
Akbank gets DIFC licence
Turkey's largest bank in terms of market capitalization, Akbank has said that it has received a... Read full article »
Venture Capital Bank 9-month profit falls
Bahrain-based lender, Venture Capital Bank has reported $2.1m in net profits for the third... Read full article »
Kuwait's Gulf Bank rating lowered to 'BBB-/A-3'
Standard & Poor's Ratings Services has lowered its long- and short-term counterparty credit... Read full article »
Global Investment House posts Q3 loss
Kuwait-based investment bank, Global Investment House (GIH) has reported a third-quarter loss of... Read full article »
SocGen names ME private banking CEO
France-based Société Générale has announced the appointment of Eddy Abramo as the new chief... Read full article »
Pioneers to buy Beltone Financial
Egyptian financial services firm Pioneers Holding said it would buy investment bank Beltone... Read full article »
Gulf Bank 9-month provisions hit $466m
Kuwait's second- biggest lender by assets, Gulf Bank has said it had made provisions of ($466m)... Read full article »
Broker raises Union National target price
HC Securities has raised its target price for Union National Bank to Dhs4.90 from Dhs4.70, and... Read full article »
Alinma Bank launches education financing programme
Saudi Arabia-based Alinma Bank has launched an 'Education Financing' program, which enables... Read full article »
Bahrain's GIB sets initial price for bond issue
Bahrain's Gulf International Bank (GIB) has said its initial price guidance for its Saudi bond... Read full article »
Visa launches money transfer in UAE
Visa Inc. has announced the launch of its money transfer service in the UAE, the Associated Press... Read full article »
Gulf Bank posts profit
Egypt-based lender, Gulf Bank has reported a net profit for the first nine months of 2009 of... Read full article »
CBQ dollar bond issue would list on LSE
Commercial Bank of Qatar has said that any potential US dollar bond issue would be listed on the... Read full article »
