Tuesday 3 March 2015
 
»
Tag
 
»
Credit

UAE banks' profit growth may fall this year

Profit growth at banks in the United Arab Emirates (UAE) is expected to slip to 5-6 per cent in 2015 as macroeconomic challenges and the absence of big improvements in asset quality strangle lenders' earnings, Standard & Poor's said

More…

Saudi ranks 5th on consumer confidence scorecard

Saudi Arabia ranked fifth in Credit Suisse’s consumer confidence scorecard, with the kingdom having the highest market penetration which indicated that market opportunity lies in the trading up of goods. The fifth annual Eme

More…

Citi Bahrain launches rewards programme

Citi Bahrain has launched a rewards programme giving its local credit card customers access to merchandise from across the globe. These include product catalogue redemptions, airline/hotel points transfer capabilities and end-to-e

More…

UAE credit demand 'to rise this quarter'

Appetite for credit in the UAE has eased from the very high levels of early 2014 but remains strong and is expected to accelerate in the current quarter, a UAE central bank survey of lenders said on Tuesday. The credit sentiment s

More…

Mumtalakat signs $500m credit facility

Bahrain's sovereign wealth fund Mumtalakat has signed a $500 million credit facility with a total of six banks. The participating banks are BNP Paribas, Deutsche Bank Luxembourg, Standard Chartered Bank's Dubai Internation

More…

Financial profiles of banks to strengthen in 2015

The standalone creditworthiness of banks across the globe will continue to stabilise in 2015, a report said. At the same time, the number of negative banking system outlooks has risen, primarily reflecting the potential for a decl

More…

Credit card data theft and cyber criminals in focus

With Christmas around the corner, the shopping frenzy will begin as consumers find good deals and retailers increase their sales revenues, but they are not the only ones that benefit from the shopping craze, according to an expert.

More…

Credit card data theft and cyber criminals in focus

With Christmas around the corner, the shopping frenzy will begin as consumers find good deals and retailers increase their sales revenues, but they are not the only ones that benefit from the shopping craze, according to an expert.

More…

Qatar October credit growth lowest since 2006

Bank credit growth in Qatar slowed to 6.1 per cent year-on-year in October, the lowest rate since at least 2006, from 12.4 per cent in the previous month, central bank data showed on Sunday. Money supply (M2) growth accelerated to 13.3

More…

ANB signs $692m finance deal with Huta Marine for Saudi port

Arab National Bank has signed a credit finance package worth SR2.6 billion ($692.8 million) with Huta Marine Works to finance the construction and development of the King Abdullah Port (KAP) project in Saudi Arabia. The bank is the mand

More…
 1 2 3 4 5 >  Last ›

calendarCalendar of Events

Ads