Gulf banks rush to loan market on liquidity squeezeGulf banks are rushing to raise money via the loan market by the end of the year in a flurry of activity attributed to a liquidity squeeze caused by lower oil prices, banking sources aware of the matter said. At least nine institu More… |
Gulf bank staff proud of job, but ‘stifled’Staff in Gulf banks are proud of their work in what they see as a prestigious industry but also feel stifled by their organisations, a report said. “Of the individuals surveyed, we saw strong levels of pride, much more so th More… |
Oil plunge slows deposit growth at Gulf banksLow oil prices are slowing or reversing deposit growth at Gulf Arab banks, but not enough to cause the liquidity squeeze that bankers fear. Deposits from governments, quasi-government bodies and national oil companies provide arou More… |
Gulf banks fuel Middle East aviation boomCash-rich Gulf banks are becoming bigger players in the region's aviation boom, helping carriers like Emirates, Qatar Airways and Etihad Airways to fund their fleet expansion. Figures from European planemaker Airbus show that More… |
Gulf, Latam banks tap Australian debt opportunitiesAustralia's A$1.5 trillion bond market is attracting interest from borrowers in Latin America and the Middle East, as they seek to diversify their portfolio and lower funding costs in the world's fourth-largest pension savings pool. More… |
Gulf banks in expansion push as recovery kicks inAfter weathering the global financial crisis and local debt restructurings in the last few years, Gulf banks are expanding their regional footprint and venturing into business lines previously targeted only by their global rivals, said experts. More… |
Strong demand from Gulf banks for senior talentSince the turn of the year the number of Gulf based banks that are hiring senior talent has increased considerably compared to the same period last year, a report said. A number of the banks in the region have plans to continue hi More… |
Strong demand from Gulf banks for senior talentSince the turn of the year the number of Gulf based banks that are hiring senior talent has increased considerably compared to the same period last year, a report said. A number of the banks in the region have plans to continue hi More… |
Economic growth, capitalisation ‘driving Gulf banks’Gulf banks will likely continue their steady recovery from the global financial crisis this year, aided by healthy economic growth in the GCC and still high oil prices, said a new report released by Standard & Poor’s (S&P). More… |
GCC banks 'leading in regional acquisitions'GCC banks are becoming active buyers of stakes in banks in the Middle East and North Africa (Mena) and even farther afield, according to a report by rating agency Standard & Poor's. As acquirers in Mena, Gulf banks are tak More… |