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Banks
ERC Concludes Negotiations Over US$ 300 Mln Letters Of Credit Next Week
Egyptian Refining Company (ERC), subsidiary of Citadel Capital Company, will conclude the negotiations by next week…
AlexBank: Personal Loans Portfolio Reaches EGP 6 Bln
Alex Bank Intesa Sanpaolo said the personal loans registered 66% of the total retail banking portfolio that reached…
Qatar’s Masraf Al Rayan Net Profit Jumps 7.8% In Q1
Qatari lender Masraf Al Rayan posted a first quarter net profit of QR353mn, up 7.8% on the same period last year,…
Oman’s AhliBank Reports 47% Increase In Q1 Net Profit
Omani lender Ahlibank S.A.O.G. reported a 47 per cent increase to RO 5.92 million in net profit for the period…
UAE’s Mashreq Bank Q1 Profit Rises 2%
United Arab Emirates’ Mashreq Bank reported a 2 per cent increase in its net profit in the first quarter of 2012 to…
Credit Suisse Profit Falls 96% On Debt Losses
Credit Suisse Group AG (CSGN), the second- largest Swiss bank, reported a 96 percent decline in first- quarter…
Abu Dhabi Commercial Bank Q1 Net Profit Surges 38%
Abu Dhabi Commercial Bank (ADCB), the emirate's third-largest lender by market value, said its fiscal first quarter…
UAE’s NBAD Profit Reports 12% Growth In Q1
National Bank of Abu Dhabi (NBAD) posted a 12 per cent rise in quarterly profit, beating analysts' forecasts,…
Qatar National Bank Raises stake in Iarq’s Mansour Bank to 51%
Qatar National Bank (QNB) Group announced that it has obtained the approval of the Central Bank of Iraq to increase…
Byblos Bank Partners With American Express Middle East
Byblos Bank, one of the top three banks in Lebanon, and American Express Middle East (AEME) have announced a new…
