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Fewa, CBI partner on bill payment serviceThe Federal Electricity and Water Authority (Fewa) has signed an agreement with the Commercial Bank International (CBI) under which the bank will provide bill payment services to its customers through its branches within and outside the UAE. More… |
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CBD strengthens executive team with new Emirati GMsAs part of its strategy to enable UAE nationals to take up senior management positions, Commercial Bank of Dubai has announced the promotion of several senior Emirati executives. Othman Bin Hendi has been appointed as general manager, C More… |
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CBI posts $14.16m profit in first halfThe UAE-based Commercial Bank International (CBI) has announced a net profit of Dh52 million ($14.16 million) for the first half of 2017, a 24 per cent decline compared to the first half of 2016. The profit fall was due to higher More… |
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CBI posts 168pc jump in H1 net profitDubai-based Commercial Bank International has posted net profit of Dh68.7 million ($18.7 million) for the first half (H1) of the year, up 168 per cent from Dh25.6 million posted during the same period in 2015. Net loans and advanc More… |
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Commercial Bank Q1 net profit hits $75mThe Commercial Bank of Qatar delivered a net profit of QR274 million ($75 million) for Q1 2016 compared to QR462 million in Q1 2015 last year. Net operating income reached QR929 million, while net profit was up 177 per cent to QR2 More… |
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CIB accepts Sawiris offer for investment armEgypt's largest listed lender Commercial International Bank accepted billionaire Naguib Sawiris's bid to buy its investment arm CI Capital, market sources said. The sources said the deal would solidify Sawiris's nascen More… |
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SRB to supervise CBI Islamic banking windowShariyah Review Bureau (SRB), an independent Sharia audit entity, will supervise the board functions and product management of Al Islami, the new Islamic banking window launched by Commercial Bank International (CBI). Ali Amri, he More… |
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Commercial Bank International names new CEOCommercial Bank International (CBI), the Abu Dhabi-listed lender, has appointed Mark Robinson as its new chief executive, it said on Sunday. Robinson joins from ANZ Banking Group, where he was chief executive for Europe, Middle Ea More… |
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Top Qatar banks to raise $1bn in bondsCommercial Bank of Qatar (CBQK) and Doha Bank (DHBK) announced that they will be raising QR2 billion ($548.7 million) each in Tier 1 bonds to improve their capital adequacy ratios (CARs), a report said. The bonds will also provide More… |
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Commercial Bank posts $281m net profit in H1Commercial Bank of Qatar has delivered a net profit of QR1.024 billion ($281 million) for the first half-year ended June 30, up 1 per cent against the same period in 2012. Net profit for the second quarter was up by 2.5 per cent t More… |
