Results for
banks
102 Results-
Sanctions-scarred banks may hold back Iran’s economic relief
About a dozen international banks, mostly European, have been stung by U.S. penalties for sanctions-busting totaling nearly $14 billion since 2009 Banking & Finance -
GCC banks' double-digit growth stays
Gulf Cooperation Council (GCC) banking revenues continued to grow in 2014 Economy -
The evolution of monetary policy: a new era for central banks?
The European Central Bank’s recent announcement that it would purchase-asset backed securities and bonds World -
Saudi Arabia to consider bounced checks as a crime
The Council of Ministers directed some institutions to issue a decision in any case involving bad checks within 30 days Banking & Finance -
Saudi banks post mixed profits in second quarter
Saudi banks recorded mixed net incomes in the second quarter of this year as reflected in their recent financial statements. Saudi Arabia's largest ... Banking & Finance -
Saudi banks to monitor accounts of expats
Banks will have to inform about deposits incommensurate with salaries and other sources of income of account holders Banking & Finance -
Arab banks see Mideast opportunities
Big Arab banks with money to spend are expanding across the Middle East in markets such as Egypt and Iraq Banking & Finance -
Second-in-line to Saudi throne denounces banks
Prince Muqrin says banks contribute too little to society compared to what they take, local media report Banking & Finance -
Western banks cold-shoulder Iran trade finance scheme
Tehran is pressing world powers to speed up trade finance arrangements on humanitarian deals involving both Western and Iranian banks Business -
U.S. government lets banks, marijuana sellers do business
It’s not clear banks will get on board Economy -
Report: Monte Paschi foundation in talks with Qatar on stake sale
Qatari fund might be willing to subscribe to a portion of unsubscribed shares in Monte Paschi’s cash call Economy -
Dubai’s Emirates NBD net profit up 8 percent
A net profit of $192m was forecasted for Emirates NBD’s fourth quarter Banking & Finance -
Credit Agricole’s Saudi affiliate Q4 profit slumps on costs
The lender made a net profit of $73.1m in the fourth quarter of 2013 Banking & Finance -
UAE's credit bureau to start operating in Q1
The bureau will allow banks to check customer's financial health before extending new debt Banking & Finance -
Bank Muscat says to recover pre-paid card fraud amount
Bank Muscat fell victim of a globally coordinated pre-paid card fraud Banking & Finance -
Saudi banks urged to be active on CSR projects
Saudi banks are being examined concerning their participation in supporting corporate social responsibility (CSR) programs. Banking & Finance -
Dubai’s Shuaa Capital posts Q3 profit of $980k
Shuaa Capital, the Dubai-based investment bank, reported a third-quarter net profit on Wednesday driven by growth in its core asset management and ... Banking & Finance -
Gulf banks in expansion push as recovery kicks in
After weathering the global financial crisis and local debt restructurings in the last few years, Gulf banks are expanding their regional footprint ... Banking & Finance -
SAMA chief: Saudi banks ready for Basel III, doubtful loans
Saudi Arabian lenders currently meet Basel III requirements and have doubtful loans covered, according to the head of the kingdom’s central bank ... Banking & Finance -
JPMorgan said to reach tentative $13bn U.S. deal over bad loans
JPMorgan Chase & Co has reached a tentative $13 billion deal with the U.S. Justice Department and other government agencies to settle ... Banking & Finance -
Government spending to further strengthen Saudi banks
The outlook for the Saudi Arabian banking system is stable, driven by high government spending and robust domestic consumption, Moody’s ... Banking & Finance -
Malaysia and UAE tie up to boost economic ties, Islamic finance
The central banks of Malaysia and the United Arab Emirates signed a pact on Friday to foster closer economic ties between the two countries, including ... Economy -
Dubai’s financial district plans $4.1bn expansion
Dubai International Financial Center (DIFC) announced plans on Tuesday for a 15 billlion-dirham ($4bn) expansion, as the tax-free business zone looks ... Property -
UAE bourses hire advisors as merger gathers steam
Abu Dhabi and Dubai have hired banks to advise on a possible merger of their two main stock exchanges, a state-backed deal that could energise ... Financial Markets -
High Saudi loan growth sustainable, says SABB managing director
High loan growth to the private sector in Saudi Arabia is likely to continue in the next two to three years as government spending supports a surging ... Banking & Finance -
Bahrain’s Al Salam Bank to buy BMI Bank in stock deal
Bahrain’s Al Salam Bank has agreed to acquire fellow Bahraini lender BMI Bank, an affiliate of Oman’s Bank Muscat, through a share-swap ... Banking & Finance -
Ex-Argentina central banker tipped for Bank of Israel post
A former head of Argentina’s central bank Mario Blejer has emerged as a top candidate to run the Bank of Israel after two nominees dropped out ... Banking & Finance -
Saudi’s Zain restructures $2.3bn loan
After more than a year and a half, and a total of 11 times of deferring payment to creditors, Zain KSA has finally reached an agreement with the ... Telecoms -
Dubai’s heavyweight Emirates NBD may gain after Q2 beat
Dubai’s heavyweight Emirates NBD (ENBD) is likely to gain on Monday after the lender reported a 50 percent surge in second-quarter net profit, ... Banking & Finance -
Global banks eye Iraq but questions remain
Interest by Citibank and Standard Chartered to expand into Iraq highlights the vast potential of the country’s banking sector, but the ... Banking & Finance