Wednesday 24 September 2014
 
»
Tag
 
»
banks

Conventional banks' sukuk to push limits of Islamic finance

Islamic bond programmes from a trio of big conventional banks are set to expand the boundaries of Islamic finance, helping open the market to first-time issuers while testing the banks' ability to win over industry purists. Si

More…

Tough US laws offer opportunity for Bahraini banks

Bahrain-based banks need to treat tougher US action on non-compliance with sanctions as an opportunity, an expert has said. Growing use, more active enforcement and harsher fines for non-compliance with US sanctions not only pose

More…

AFS launches new products for banks

Arab Financial Services (AFS), a regional payment processor, has launched three new products that will be offered to all member banks.   The products will improve the current

More…

Saudi banks offer $32.9bn real estate loans in Q1

Saudi banks provided loans totalling SR123.4 billion ($32.9 billion) to the real estate sector in the kingdom during the first quarter of this year, a report said. Real estate loans to individuals rose by 33 per cent in Q1 2014 to

More…

Bahrain banks' balance sheet rises to $192.6bn

The consolidated balance sheet of the banking system in Bahrain, comprising retail and wholesale banks, stood at $192.6 billion at the end of March this year, according to Central Bank of Bahrain data.   This was

More…

Gulf banks start to muscle in on global bond deals

When the Kenyan government issued a debut $2 billion Eurobond last month, most of the lead arrangers were top Western and African banks. But there was a standout: Qatar's QNB Capital. After decades during which banks from the

More…

Global bank profits surge to record $920bn

China's top banks accounted for almost one-third of a record $920 billion of profits made by the world's top 1,000 banks last year, showing their rise in power since the financial crisis, a survey showed on Monday. China&#

More…

Bahrain banks' loans set to grow 10 pc

A spurt in industrial and commercial activity in the first half of the year suggests that bank lending in Bahrain is likely to grow at 10 per cent this year, reported the Gulf Daily News, our sister publication, citing a senior financial expert.

More…

Egypt oil refiner wins $161m loan

Three leading banks in Egypt will be arranging a $161 million syndicated loan for Assiut Oil Refining Company to help the  company in upgrading its oil refining laboratory.   The banking consortium involved in the transac

More…

Etisalat picks banks ahead of potential bond issue

Etisalat, the largest listed company in the UAE by market value, has mandated banks to organise meetings ahead of a potential bond issue, the telecom operator said on Tuesday.   Etisalat, which earlier this month

More…
 1 2 3 4 5 >  Last ›

calendarCalendar of Events

Ads