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UAE credit growth rose 1.3% in September
According to figures from the UAE central bank, domestic credit by banks operating in the country... Read full article »
Jordan's Housing Bank joins EBRD's Trade Facilitation Programme
Jordan's Housing Bank for Trade and Finance has announced it has joined the Trade Facilitation... Read full article »
Banque Misr to open office in Turkey
Egyptian lender Banque Misr has obtained the central bank's approval to open an office in Turkey,... Read full article »
Barclays made no 'illegal payments' for Saudi licence
Barclays Plc has denied making any "illegal payment" to win a banking license in Saudi Arabia,... Read full article »
Moody's rates Qatar Islamic Insurance 'Baa2'
The insurance financial strength rating (IFSR) of Qatar Islamic Insurance Co (QIIC) has been... Read full article »
Fitch revises BMB 'stable' outlook
Fitch Ratings has affirmed the Long-term Issuer Default Rating (IDR) of Bahrain-based BMB... Read full article »
FGB signs $900m facility
The UAE's second-largest lender by market value, First Gulf Bank, has signed a three-year $900m... Read full article »
QNB set to acquire stake in SocGen's Egyptian arm
French lender Société Générale is close to concluding the sale of its majority stake in an... Read full article »
GIB to issue dollar bond
Bahrain-based Gulf International Bank (GIB) has mandated banks to arrange a dollar-denominated... Read full article »
Bahrain's Eskan Bank posts BD6m profit
Bahrain's Eskan Bank has said net profit for the nine months ended September 30, 2012 jumped 10%... Read full article »
Credit Bank to support Saudi tourism entrepreneurs
The Saudi Credit and Savings Bank has said it would finance viable tourism projects of young... Read full article »
Intesa Sanpaolo plans Mideast expansion
Intesa Sanpaolo, Italy's largest retail lender, has unveiled plans to expand its footprint by... Read full article »
Saudi Arabia's CMA says not aware of Barclays investigation
The Saudi Capital Markets Authority (CMA) has said it was not aware of any investigation into a... Read full article »
Omani lenders witness drop in credit growth
Oman's six listed banks have reported a 1.9% drop in third-quarter credit growth in the retail... Read full article »
Visa reports 23% rise in Eid Al Fitr transactions
Visa Inc. has reported a 23% year-on-year increase in the number of international sales... Read full article »
