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Samba posts 2.3% rise in net profit
Saudi's Samba Financial Group has reported a 2.3% year-on-year increase in its third-quarter net... Read full article »
Bank Sohar receives licence to operate in securities
Oman's market regulator has issued an administrative decision granting Bank Sohar a licence to... Read full article »
SABB posts 4.1% increase in Q3 net income
Saudi British Bank (Sabb) has reported a 4.1% increase in its third quarter net profit, as... Read full article »
Islamic window ban could be extended to include QFC firms
Qatar's regulator has proposed extending the ban on onshore banks operating Islamic windows to... Read full article »
Deposits in UAE banks climb 1.1% in August
The UAE central bank has said deposits at local banks rose 1.1% during the month of August 2012... Read full article »
ANB reports 10.3% increase in Q3 net income
Saudi Arabia's Arab National Bank has posted a 10.3% rise in its third-quarter net profit to... Read full article »
Riyad Bank posts 5.8% rise in Q3 profit
Saudi lender Riyad Bank has announced its third-quarter profits rose 5.8%, on higher total... Read full article »
Omani lender given until Jan. 2013 to comply with Basel III
Oman's central bank has set January 2013 as the deadline for lenders operating in the sultanate... Read full article »
ADCB settles lawsuit against Zabeel
Abu Dhabi Commercial Bank (ADCB) has settled a $107.13m legal claim it filed against indebted... Read full article »
UAE lending cap extended by six months
The National Bank of Abu Dhabi (NBAD) has said the UAE central bank has extended by six months... Read full article »
Saudi banking sector outlook remains stable: Moody's
Moody's Investors Service has said the outlook for Saudi Arabia's banking system remains stable,... Read full article »
QNB Group nine-month income rises 15%
QNB Group has posted a 15% year-on-year increase in net profit of QR6.2bn for the first nine... Read full article »
Saudi Hollandi to issue SR1.4bn Islamic bond
Saudi Hollandi Bank shareholders have approved a proposal to issue an Islamic bond worth SR1.4bn... Read full article »
Credit growth in Oman could slow down in Q2
Analysts have said growth in bank credit in Oman is expected to slow down in the second half of... Read full article »
OHB sees surge in demand on housing loans
Oman Housing Bank (OHB) has said it has received 1,703 housing loan applications between August... Read full article »
