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UAE earmarks Dhs1.49bn to settle, reduce citizens loans
The UAE's Higher Committee of the Nationals Defaulted Debts Settlement Fund has allocated Dhs1.... Read full article »
NCB joins Islamic Banks and Financial Institutions council
Saudi lender National Commercial Bank (NCB) has announced it has become a member of the General... Read full article »
Jordanian banks encouraged to increase dinar deposits
The Jordanian central bank has announced its decision to raise interest rate on overnight window... Read full article »
Oman's Alizz listed on MSM
Muscat Securities Market (MSM) has announced its decision to list Alizz Islamic Bank's shares for... Read full article »
HSBC Bank Oman completes full systems integration
HSBC Bank Oman, which in June was formed after merging Oman International Bank (OIB) with HSBC's... Read full article »
Lebanese insurers post 25.6% rise in 2011 income
According to Lebanon's Association of Insurance Companies, net profits of insurance companies in... Read full article »
UAE lenders well-prepared for Basel III: Al Suwaidi
The governor of the UAE central bank, Sultan Bin Nasser Al Suwaidi has said the country's banking... Read full article »
GIB names lenders for possible dollar bond
Bahrain-based Gulf International Bank (GIB) has selected six lenders to arrange investor meetings... Read full article »
Lebanon's remittance inflows to remain steady
The World Bank has said Lebanon is set to witness a steady inflow of remittances this year,... Read full article »
Bank Audi, Byblos looking to expand in Iraq, Libya
Lebanon's largest bank, Bank Audi, is planning to launch operations in Iraq next year, while... Read full article »
SABB introduces online foreign currency platform
Saudi lender SABB has announced the launch of a foreign currency portal for corporate clients to... Read full article »
Saudi Hollandi issues $373m sukuk
Saudi Hollandi Bank (SHB), the oldest banking franchise in the kingdom, has announced the... Read full article »
Sharjah Islamic Bank to provide Dhs1bn funding to SMEs
Sharjah Islamic Bank (SIB) has signed an agreement with Ruwad Establishment that will see the... Read full article »
KFH to seek shareholders' nod for 20% capital raise
Kuwait Finance House (KFH), the Gulf country's largest Islamic lender, has announced it is to... Read full article »
Qatar sold Barclays warrants
Qatar Holding has sold the last of the Barclays warrants it had acquired during the financial... Read full article »
