Bank Of Japan Adopts Firm Target Of 2% Inflation
The Bank of Japan on Tuesday announced a major change in its policy stance, adopting a target to achieve a 2%…
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Banks
QIB Profits At QAR1.24bn; Assets Rise By 25.6%
Qatar Islamic Bank ( QIB ) has announced a net profit of QR1.24bn for the year 2012. QIB Board of Directors has…
NBK Reports Net Profits Of USD 1,085 Million In 2012
National Bank of Kuwait ( NBK ), the largest Kuwaiti bank and the highest-rated in the Middle East, reported net…
NBO Launches Muzn Islamic Banking Operations
National Bank of Oman (NBO) opened its Muzn Pure Islamic banking branch to customers on Wednesday. The bank in a…
Islamic Banking To Witness Robust Growth This Year
Islamic banking services in the Sultanate will witness robust growth during 2013, says Ahmed al Musalmi, Deputy…
Bank Sohar Unveils Hi-Speed Banknote Processing System
Bank Sohar , under the auspices of Munira bint Abdulnabi Macki, DGM (Human Resource & Corporate Support), has…
Moody’s Places Egypt’s B2 Government Bond Rating On Review For Possible…
Moody's Investors Service has today placed Egypt's B2 government bond ratings on review for possible downgrade.…
Arab International Bank’s Foreign Currency Rating Lowered Following Egypt Sovereign…
Capital Intelligence (CI), the international credit rating agency, announced that it has downgraded Arab…
National Societe Generale Bank’s Foreign Currency Rating Lowered Following Egypt…
Capital Intelligence (CI), the international credit rating agency, announced that it has downgraded National…
Saudi’s Al Rajhi Bank Posts Small Q4 Net Profit Rise
Al Rajhi Bank, Saudi Arabia's largest listed lender, posted a small rise in fourth-quarter net profit on…