IMF Economist Accuses Fund Of Suppressing Information
A veteran economist at the International Monetary Fund has accused the global lender of suppressing information on…
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Banks
Certificates Of Deposit Tender Results
Certificates of deposit (Issue No 777) tender was held at the Central Bank of Oman (CBO) last week. The total…
Islamic Bank Of Britain Boosts Efforts To Attract Ethical Savers
As consumer dissatisfaction with the UK banking sector continues, the Islamic Bank of Britain plc (IBB) has…
National Bank Of Kuwait Reports Net Profits Of $431.M In The First Half Of 2012
National Bank of Kuwait (NBK), the largest Kuwaiti bank and the highest-rated in the Middle East, reported net…
Commercialbank Delivers Half-Year Net Profit Of QR1.017bn
Commercial Bank of Qatar announces its financial results for the half-year ended 30 June 2012. The Bank delivered a…
Deutsche Bank, HSBC Traders Investigated In Libor Probe
Traders at Deutsche Bank AG (DBK), HSBC Holdings Plc (HSBA), Societe Generale SA (GLE) and Credit Agricole SA (ACA)…
Lloyds To Sell 632 Bank Branches To Co-Operative Group
Lloyds Banking Group Plc (LLOY) agreed to sell 632 branches to Co-Operative Bank Plc for an initial 350 million…
Deutsche Bank To Cut 1,000 Jobs
Deutsche Bank is planning to cut 1,000 investment banking jobs in response to tough conditions in capital markets,…
IMF To Assess Economic Spillovers In New Monitoring Rules
The International Monetary Fund approved changes to its annual economic surveillance rules on Wednesday that now…
NBO H1 Net Jumps 17pc
National Bank of Oman’s (NBO) net profit after tax rose 17 per cent to RO 19.92 million for the six months ended…