NBAD Appoints Head of Investor Relations
The National Bank of Abu Dhabi (NBAD), the Number One Bank in the UAE, has appointed Michael A. Miller as the Head…
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Banks
Citi Sees 90 Percent Chance Of Greece Leaving The Euro
The chances of Greece leaving the euro in the next 12-18 months have risen to about 90 percent, U.S. bank Citi said…
NBO Launches Small Business Loan Product
National Bank of Oman, to support the growth plans of small scale business firms, has launched a distinctive and…
Bank Sohar’s H1 Profit Surges 49.55pc To RO 10.361 Million
Delivering yet another quarter of sustained growth, Bank Sohar’s net profit for the six months ended June 30, 2012…
Bankmuscat Board Okays H1 Results
BankMus-cat, the flagship financial services provider in the Sultanate, yesterday announced the H1 financial…
Turkish Central Bank Cuts 2012 Inflation Forecast To 6.2%
Turkey’s central bank reduced its estimate for inflation this year to 6.2 percent from 6.5 percent, saying the rate…
BNP Joins Credit Agricole To Seek Escape From Euro-Exit Risk
France’s biggest banks are rushing to cut the more than 140 billion euros ($171 billion) they provide their…
ECB Says Tightening Of Credit Standards Stable In Second Quarter
The European Central Bank said euro- area banks tightened credit standards in the second quarter at the same pace…
Ahlibank’s Net Profit Soars By 36 Pc In H1 2012
Ahlibank SAOG, the recently voted No1 Best Bank and No1 Best Performing Company in the Sultanate announced its…
Iraq Banks Chevron Over Kurdistan Deal
Chevron has been banned from bidding for exploration licences by Iraq's federal government following its…