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Lebanon's Bank Audi posts 31.6% net profit in Q1
Lebanon's Bank Audi has reported a 31.6% increase in net profit at to $80.2m in the first quarter... Read full article »
BankMuscat opens branch in Kuwait
Oman's BankMuscat has announced the opening of a new branch in Kuwait that aims to support... Read full article »
NBAD mulls buyback of bonds
The National Bank of Abu Dhabi has said it may buy back some of its bonds listed on the Abu Dhabi... Read full article »
UAE bank loans grew 0.4% in March
The UAE central bank has said that lending in March grew by 0.4% to Dhs1.02 trillion ($278bn)... Read full article »
Arab National Bank's Q1 profit dips 9%
Saudi lender, Arab National Bank has said its first-quarter net profit had dropped 8.8% to SR634m... Read full article »
Qatari banks provisions rise 1.5% in March
Qatar's central bank has said that provisions made by Qatari banks rose 1.5% month-on-month in... Read full article »
RAK Bank seeks to raise Euro-note programme limit to $1bn
The National Bank of Ras al-Khaimah has said it is seeking to raise the limit of its Euro medium... Read full article »
ABN AMRO to move Mideast private banking business to DIFC
Abn Amro Bank has received to the required license from the Dubai International Financial Centre... Read full article »
Al-Rajhi Bank Q1 profit dips 2.8%
The Gulf region's largest Islamic bank by market value, Saudi Arabia's Al-Rajhi Bank, said it... Read full article »
Sharjah Islamic Bank posts Dhs67.5m profit in Q1
Sharjah Islamic Bank has reported net profit of Dhs67.5m for the first quarter of 2010, compared... Read full article »
Saudi Fransi Q1 profit down 3.6%
The Saudi lender part-owned by Credit Agricole, Banque Saudi Fransi has said that its Q1 2010... Read full article »
Samba Q1 net income falls
Saudi Arabia's second-largest lender by market value, Samba Financial Group, has reported a 4.8%... Read full article »
NBK Q1 net profit up 20%
Kuwait's largest lender, the National Bank of Kuwait, has reported a 20% rise in Q1 net profit,... Read full article »
InvestBank posts Q1 profit results
Sharjah-based InvestBank has said that its Q1 2010 net profit stood at Dhs85.6m, Emirates... Read full article »
Qatar Islamic Bank posts QR300m profit in Q1
Qatar Islamic Bank has announced a net profit QR300m for Q1 2010, while operating income has... Read full article »
