10/18/2012

United Arab Bank announces record profits

UAB has announced a record net profit of Dhs298m for the nine months ended 30 September 2012, an increase of 32% over the same period of 2011 and the highest net profit ever for UAB in the first nine months of the year.

10/18/2012

CBD's third quarter net profit increased by 4.5%

He added:"During the year, the bank embarked on new strategic growth initiatives to broaden our revenue streams and we remain confident that these will further enhance our operating returns in the future."

10/15/2012

ahlibank profit up 27 per cent

The bank reported an impressive third quarter results, achieving a year-to-date net profit of RO17 million and demonstrating continued growth in the bank's core operations.

10/03/2012

HDFC Bank to double customer base in UAE

"The UAE is an important global business centre and this initiative reflects our commitment to bring world-class banking services to the doorstep of the Indian community in the region," the group head for said.

10/01/2012

UAE, Morocco banks bid for BNP's Egypt retail arm

The sale is expected to generate as much as $500 million (309 million pounds) for the French lender, said one banking source speaking on condition of anonymity as the matter is not public.

09/19/2012

Turkish İs Bankası to buy bank in Azerbaijan

Today, of the 43 banks operating in Azerbaijan, 23 operate with the participation of foreign capital. In seven of them the share of foreign capital ranges from 50 to 100%, in 14 banks - up to 50%.