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Experts say Omanis borrowing more than they can afford
Financial experts have said Omani citizens are saddled with more banks loans than they can afford... Read full article »
GCC domestic liquidity surges to $778bn
According to a report by QNB Group, higher energy prices and increased hydrocarbons production... Read full article »
NBO says nine-month net profit jumped to OR30.5m
The National Bank of Oman (NBO) has reported a 12% rise in its net profit for the nine-month... Read full article »
Audi Bank reports 14% increase in nine-month net profit
Lebanese lender Audi Bank has said its nine-month net profit rose 14% to $309m, despite the "... Read full article »
KIB posts KD9.4m nine-month net income
Kuwait International Bank (KIB) has posted a 21% rise in its operating profits in the first nine... Read full article »
Qatar banks may raise bond sales
Barclays has said that Qatari banks may increase bond sales as they seek long-term funding for... Read full article »
Turkish lender to return to Egypt
Turkey's İşbank has taken steps to obtain a banking license in Egypt and plans to start... Read full article »
Saudi banks' loan-to-deposits ratio reaches three-year high
Saudi Arabia's National Commercial Bank (NCB) has said increase in lending by local lenders has... Read full article »
QNB nine-month net profit jumps 15%
QNB Group has posted a net profit of QR6.2bn ($1.7bn) for the first nine months of the year, up... Read full article »
UNB net income climbs to $143.8m in Q3 2012
Abu Dhabi's Union National Bank (UNB) has reported a 7% increase in third-quarter net profit,... Read full article »
QIIB's $700m fixed rate trust certificates rated at 'A-'
Fitch Ratings has assigned Qatar International Islamic Bank's $700m five-year trust certificate (... Read full article »
Masraf Al Rayan posts 7% increase in profit in first nine months
Qatari lender Masraf Al Rayan has posted a 7% increase in its net profit to QR1.08bn in the first... Read full article »
Zawawi raises HSBC Oman stake to 25%
HSBC Oman has announced Omar Al Zawawi has increased his shareholding in the sultanate's second-... Read full article »
OUI reports OR2.2m nine-month profit
Oman United Insurance (OUI) has posted a net profit of OR2.23m in the first nine months of this... Read full article »
Burgan Bank to issue $711m bond
Kuwait's Burgan Bank plans to issue a bond worth up to KD200m ($711m), Alqabas Arabic daily has... Read full article »
