Investment Banking
Bahrain AUB net profit up 17pc
02/22/2012
Announcing the results on Tuesday, AUB said the last quarter had contributed $70.3 million to the overall result, as compared to $64.4 million the previous year.
Dubai: banks back in town
02/22/2012
The Dubai International Financial Centre says several banks are relocating staff to the centre, helping the tax-free financial hub grow by seven per cent to 848 companies last year.
Gulf Bank bags industry accolade
02/21/2012
The Annual Banking Web Awards Competition is to determine the merit and promotion of a bank and financial institution's websites.
Burgan Bank 2011 net profit KD 50.6 mln
02/21/2012
The Board of Directors recommended a payout of 10 fils as a cash dividend and 5 % as bonus shares subject to the approval of the annual general assembly meeting.
GIB net income soars to $104m
02/20/2012
Announcing the results, GIB said the bank's year-on-year increases were recorded in all income categories, with the exception of net interest income.
HSBC wins top awards
02/20/2012
The bank has been a consistent winner of Global Finance Awards for five years running since 2007, said a statement.
EMEA honour for Doha Bank
02/20/2012
The EMEA Bank Awards are conferred after a careful scrutiny of various sustainable financial and economic parameters that are vital in assessing the performance and productivity levels of the financial
Abu Dhabi helps Dubai again with bank bailout
02/16/2012
ENBD, 55.6-percent state owned through the Investment Corporation of Dubai, was ordered by Dubai's ruler in October to take over loss-making Dubai Bank, which had been rescued by the emirate's government earlier in 2011.
Crown Prince praises financial, banking institutions
02/16/2012
His Royal Highness the Crown Prince praised Standard Chartered Bank and its management who featured subjectivity and supported the Kingdom of Bahrain's institution and carried on its business activities something that is highly appreciated from one o