Saudi’s NCB’s Net Profit Raise With 30%
Saudi Arabia's National Commercial Bank said on Friday that its first-quarter profit rose 30 percent from a year…
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Banks
AAIB Targets Raising Retail banking Portfolio To EGP 3 Bln In 2012
Arab African International Bank (AAIB)’s retail banking portfolio rose to EGP 1.5 billion, registering a good…
Bank for Agricultural Credit Allocates EGP 1.140 Bln To Buy Wheat Crops
Branches of Bank for Development and Agricultural Credit started on Sunday morning receiving wheat crops from…
HSBC’s Douglas Flint Warns Of A Possible Harm To UK Lending
Douglas Flint, chairman of HSBC, said that the new committee - chaired by Bank Governor Mervyn King - is likely to…
Saudi Arabian Regulator investigates Banks For Violations
The Saudi Arabian Monetary Agency (SAMA) is investigating local banks for tampering with the terms of Saudis’…
US Banks To Comply With Volcker Rule By July 2014
U.S. banks will have two years to implement the so-called Volcker rule so long as they make a “good faith” effort…
Emirates NBD Launches ‘Pay Yourself First’ Initiative
Emirates NBD announced the launch of "Pay Yourself First," an innovative financial education campaign designed to…
National Bank of Bahrain’s Net Profit Posts BD14 Mln In Q1
National Bank of Bahrain recorded a net profit of BD14.11m ($37.53m) for the first quarter of 2012 compared to…
World Bank: 75% Of The World’s Poor Are ‘Unbanked’
Three quarters of the world's poor, living on less than $2 a day, have no bank account, further driving the vicious…
Fitch Affirms UAE’s Union National Bank at ‘A+’
Fitch Ratings has affirmed Union National Bank's (UNB) Long-term Issuer Default Rating (IDR) at 'A+' with a Stable…
