Total assets also increased by 22.1 per cent, financing portfolio by 20.9 per cent, customer deposits by 21.2 per cent at the end of December 2014 compared to the end of 2013.
Al Baraka Bank Egypt, a subsidiary banking unit of Al Baraka Banking Group B.S.C. (ABG) and its investment arm in Egypt, announced that the Bank continued in 2014 to achieve distinguished financial results
Byblos Bank has reported what it describes as ‘healthy ratios and respectable increases in assets, deposits, loans, and profit despite challenging local and regional conditions’. .
QIC has reported record net profit of QAR 1,001 million ($275 million), up 33 per cent, and an RoE of 18.5 per cent in 2014 Gross written premiums and shareholders’ equity grew 59 per cent and 10 per cent to $1.54 billion and $1.63 billion, respecti
Year-over-year growth was driven primarily by strong fee income growth across all lines of business, solid loan growth, increases in deposits and CASA as a percent of deposits, and solid gains in the investment portfolio.
Union National Bank (UNB, reported another year of record profit with the UNB Group profit being AED 2,021 million for the fiscal 2014 (2013: AED 1,748 million)