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Euro zone lending falls for 8th monthLoans to companies and households in the euro zone contracted for the eighth month running in December, showing low official borrowing costs are having little success in reviving investment and spending. The European Central Bank More… |
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Oman loan growth at 9-month lowThe bank lending in Oman registered a 17.4 per cent growth on an annual basis in September, the slowest pace since December last year, compared to an 18.1 per cent jump in August, central bank data showed on Tuesday. The Sultanate's More… |
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Saudi money supply growth surges in AugSaudi Arabia's M3 money supply growth accelerated to 9.7 per cent year-on-year at the end of August after a 9.5 per cent rise in the previous month, according to central bank data. The increase in bank lending to the pr More… |
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Saudi money supply growth hits new lowSaudi Arabia's M3 money supply growth eased to a 17-month low of 7.7 per cent year-on-year at the end of May, after an 8 per cent rise in the previous month, central bank data showed on Tuesday. Bank lending to the private sector decelerat More… |
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Saudi sees slow money supply growthSaudi Arabia's M3 money supply growth accelerated to 13.6 per cent year-on-year at the end of January from 13.3 per cent in the previous month, central bank data showed on Sunday. The Kingdom's bank lending to the private sector rose 11.7 More… |
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Mashreq partners with Kaspersky LabUAE-based Mashreq Bank has partnered with Kaspersky Labs, a leading developer of secure content and threat management solutions, to provide its online customers with special offers on the anti-virus products. As per the deal, Kaspersky wil More… |
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China loan, money supply growth pick upChinese banks ratcheted up the pace of lending in the last month of 2011 to 640.5 billion yuan ($101.51 billion) from 562.2 billion yuan in November as the central bank eased policy to cushion the domestic impact of the global economic slowdown. More… |
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Qatar Nov money supply growth slows to 13pcMoney supply (M2) in Qatar grew by 12.7 per cent year-on-year at the end of November, after a 18.9 per cent rise in the previous month, the Gulf country's central bank data showed on Sunday. Bank lending to the private sector jumped by More… |
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Oman money supply growth at 24-month highOman's M2 money supply grew 11.6 per cent year-on-year at the end of July, its fastest pace in 24 months, after a 9.7 per cent rise in the previous month, the Gulf country's central bank data showed on Saturday. More… |
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Bahrain money supply growth races in JulyBahrain's M3 money supply growth accelerated to 2.7 per cent year-on-year at the end of July, rebounding from a 20-month low of 1.6 per cent seen in the previous month, the Gulf country's central bank data showed on Thursday. Growth in M3 More… |
