Lebanese BankMed Q1 Net Profit Up $29 Mln
Lebanese BankMed’s consolidated net profit increased to $29.1 million in the first quarter of 2012, up by 13.9%…
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Banks
Lebanese Banks To Meet Basel III Regulations
Lebanese Central Bank Governor Riad Salameh said Wednesday that Lebanese banks will fully comply with Basel III…
China’s ICBC, Citic Group Violated Rules
The Industrial Bank of China (ICBC) and Citic Group Corp. have violated several financial regulations in their…
CI Affirms Lebanon’s Byblos Bank FSR At ‘BBB-‘
Capital Intelligence (CI), the international credit rating agency, announced that it has affirmed Byblos Bank-SAL's…
Qatar-Based Directors Quit Syrian Bank On Sanctions
The Qatar-based directors of Syria International Islamic Bank (SIIB) resigned their roles at the behest of the…
Volcker Seeks Overhaul On Global Capital Flows
Former Federal Reserve Chairman Paul Volcker, the namesake of U.S. rules designed to rein in banks’…
CI Affirms KSA’s Al Rajhi Bank Rating At ’AA-‘
Capital Intelligence (CI), the international credit rating agency, announced that it has affirmed the ratings of Al…
AUB: Second Stage Of IPO Starts Today
Ahli United Bank has launched today an initial public offering (IPO) of the 259946 shares which were unsubscribed…
Visa Outperformed JPMorgan As Cards Wage War On Cash
Visa Inc. (V) and MasterCard Inc. (MA), the biggest bank-card networks, produced better risk-adjusted returns than…
Oman International Bank To Elect HSBC Oman’s Board On Thursday
Oman International Bank (OIB) will conduct an ordinary general meeting of shareholders on May 31 to elect a new…