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Banks
Oman’s Bank Dhofar Q3 Profit Down 10.7%
Bank Dhofar, Oman's third-largest bank by market capitalization, posted a 10.7-percent drop in third-quarter net…
Commercial Bank Of Dubai Launches Updated Version Of Mortgage
Commercial Bank of Dubai (CBD) has launched an updated version of its mortgage loan solution, bolstered by a…
Foreign Loans Temporary Solution To Foreign Reserves’ Recovery: Bankers
A number of bankers stressed the importance of compensating the loss of foreign cash reserves. The international…
Misr Iran Development Bank’s LTD Ratio Hit 77% In September
Misr Iran Development Bank’s loan-to-deposit ratio stood at 77% at the end of last September as loan portfolio…
CBE Fixated Interest Rates On Modest GDP Growth, Declining Inflation
The Central Bank of Egypt’s (CBE) Monetary Policy Committee has kept overnight deposit and lending rates unchanged…
Citigroup Agreed To Carve Out Hedge Funds Before Pandit’s Exit
Citigroup Inc. (C) agreed to move a stable of internal hedge funds to an entity controlled by bank managers in a…
Qatar Islamic Bank Announces First Nine Months Net Profit Reaches QR1.13bn
Qatar Islamic Bank (QIB), the largest Islamic Bank in Qatar has announced the financial results for the nine months…
NBO Nine Months’ Net At RO 30.47 Million
National Bank of Oman ( NBO ) has achieved a net profit after tax of RO 30.47 million for the nine months ended…
EU Summit: Compromise Deal On Eurozone Bank Supervisor
EU leaders have agreed to set up a single eurozone banking supervisor - a major step towards a banking union. A…
Egypt’s Central Bank Leaves Benchmark Rates Unchanged
Egypt's central bank kept its benchmark interest rates unchanged on Thursday, in a move that will help the…