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India's Corp Bank seeks regulatory nod to open Dubai branch

Indian public sector lender Corporation Bank is awaiting regulatory approvals to upgrade its... Read full article »
United Arab Emirates: Tuesday, October 30 - 2012 at 02:44

Ahli Bank renews services agreement with AUB

Ahli Bank has extended the technical and management service agreement with Bahrain's Ahli United... Read full article »
Oman: Tuesday, October 30 - 2012 at 02:43

UAE banks to struggle to revive lending

Analysts expect UAE lenders to struggle to revive the GCC's lowest loan growth as central bank... Read full article »
United Arab Emirates: Tuesday, October 30 - 2012 at 02:43

Bank of Beirut posts 3.42% increase in profits

Lebanon-based Bank of Beirut has said its unaudited net profits in the first nine months of this... Read full article »
Lebanon: Monday, October 29 - 2012 at 07:54

Qatari banks may sell shares to boost lending

Doha Bank and Ahlibank are among lenders seeking to compete with government-controlled Qatar... Read full article »
Qatar: Monday, October 29 - 2012 at 07:54

Qatar in talks to acquire major shares in seven European lenders

Qatar is considering buying major stakes in investment banks in Europe, Al Arabiya has reported.... Read full article »
Qatar: Monday, October 29 - 2012 at 07:53

UBS to trim 16% of global workforce

Swiss lender UBS is set to cut up to 16% of its workforce, or 10,000 jobs, as it contends with... Read full article »
Switzerland: Monday, October 29 - 2012 at 07:52

Byblos Bank says third-quarter profits dropped 4%

Byblos Bank has said its unaudited net profits in the first nine months of 2012 dropped by 3.98%... Read full article »
Lebanon: Sunday, October 28 - 2012 at 03:51

HSBC Oman reports decline in nine-month income

HSBC Bank Oman has posted 4.2% decline in net profit for the nine-month period ended September... Read full article »
Oman: Sunday, October 28 - 2012 at 03:51

Moody's: Outlook for Lebanese banking sector remains negative

Moody's Investors Service has said the outlook for Lebanon's banking system remains negative,... Read full article »
Lebanon: Sunday, October 28 - 2012 at 03:51

BLOM Bank registers 6.1% rise in nine-month profits

Lebanese lender Blom Bank has said its unaudited net profits for the first nine months of 2012... Read full article »
Lebanon: Sunday, October 28 - 2012 at 03:50

Saudi lenders' nine-month net income rose 12.4%

The combined net income of the 12 banks operating in Saudi Arabia has reached SR27bn in the first... Read full article »
Saudi Arabia: Thursday, October 25 - 2012 at 03:32

BMI reports fifth consecutive net income

Bahraini lender BMI Bank has reported its fifth consecutive quarterly profit, as it showed signs... Read full article »
Bahrain: Thursday, October 25 - 2012 at 03:32

Housing Bank posts 4.6% increase in pretax profit

Jordan-based Housing Bank has posted a 4.6% rise in profit before tax and after allowance during... Read full article »
Jordan: Thursday, October 25 - 2012 at 03:32

NBAD's AAA financial institution rating affirmed

Malaysia's RAM Ratings has said it has reaffirmed National Bank of Abu Dhabi's (NBAD) respective... Read full article »
United Arab Emirates: Thursday, October 25 - 2012 at 03:31
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