SGBL’s Net Profits Surge 29 Percent In First Six Months
SGBL, one of the leading banks in Lebanon, recorded a net profit of $59 million in the first six months of 2012,…
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Banks
CBB Sukuk Al-Ijara fully subscribed
The Central Bank of Bahrain (CBB) announces that the monthly issue of the short-term Islamic leasing bonds, Sukuk…
China Construction Bank Will Suffer Losses In Bankrupt Firm-Paper
China Construction Bank , the world's No.2 bank by market value, will suffer "some losses" from its 3 billion yuan…
Oman’s Bank Dhofar Swings To H1 Profit
Bank Dhofar, Oman's third-largest bank by market capitalisation, swung to a net profit in the first half, after…
Credit Suisse Plans $15.6 Billion Capital Increase
Credit Suisse Group AG (CSGN), Switzerland’s second-biggest bank, said it plans to boost capital by 15.3 billion…
Hsbc Probe Brings Promises Regulator, Bank Will Clean Up Act
HSBC Holdings Plc (HSBA) executives apologized for opening their U.S. affiliate to a river of Mexican drug lords’…
Al Khaliji Extends Financing To Doha Festival City
Al Khaliji Commercial Bank (Al Khaliji) QSC has extended financing to Qatar's much-anticipated Doha Festival City…
NBD Launches E-Government Payment for taxes and Customs through 70 Branches
As a result of the National Bank for Development’s (NBD) keenness to provide advanced banking services, the bank…
Foreign Banks Plan To Expand China Workforce By 56%, Pwc Says
HSBC Holdings Plc (HSBA) and Citigroup Inc. (C) are among foreign banks in China that plan to boost their combined…
Citigroup’s Stoker Misled Investors, Sec Tells Jury
The former director of Citigroup Inc. (C)’s collateralized debt obligation structuring group misled investors in…