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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 »
BankMuscat has over $1bn in assets under management
BankMuscat has said its asset management division (AMD) has marked a milestone achievement on... Read full article »
NSGB reports 10% rise in Q3 net profit
Egyptian lender National Societe Generale Bank has said its third quarter net income rose 10%,... Read full article »
NBAD set to enhance region's first ETF
The National Bank of Abu Dhabi (NBAD) has announced plans to implement enhancements to the... Read full article »
ADIB launches $1b Tier 1 Islamic bond
Abu Dhabi Islamic Bank (ADIB), the emirate's largest Shari'ah-compliant lender, has launched a $... Read full article »
CBK posts 5.4% decline in Q3 net profit
Kuwait's seventh largest listed bank by market value, Commercial Bank of Kuwait (CBK) has... Read full article »
