The combined net income of the UAE’s top 10 listed banks grew 2.9% q-o-q to $5.85 billion in the second quarter of 2024, according to Read More
Two ASX-Listed Non-Major Regional Banks Announce Merger
Two non-major regional banks listed on Australia Stock Exchange (ASX) in Australia – the Tasmania-based MyState Bank and Bundaberg headquartered Auswide Bank - Read More
Two Banks in Philippines Secure Islamic Banking Window Licences
Islamic banking is catching up fast in The Philippines in the recent years and seeing the sector’s growth in the country, Read More
Paris-based Societe Generale on Monday said that it has signed agreements with Union Bancaire Privée, UBP SA (UBP), a Swiss bank Read More
The London headquartered Standard Chartered Plc on Tuesday announced that it was expanding its multi-billion-dollar share buyback programme after the bank reported Read More
Underlining its consistent growth trajectory, the UAE-based First Abu Dhabi Bank (FAB) has posted a net profit of $2.29 billion, a revenue of $4.27 Read More
GCC Banks Looking to Expand Operations in Major Regional Markets
Gulf Cooperation Council (GCC) banks are showing a strong appetite to grow their presence in major regional markets, particularly Turkiye, Egypt and Read More
FMO, Dutch Entrepreneurial Development Bank, said that it has arranged a $295 million syndicated loan facility, to Access Bank, Nigeria’s largest lender Read More
The total outstanding debt arranged by financial institutions stood at $421.15 billion, registering a 10.5% y-o-y in 2023 notwithstanding the high interest rates coupled with Read More
Emirates NBD Posts Record Profit of $3.76 Billion in H1-24
Backed by increased lending across its regional network and substantial impaired loan recoveries, Dubai-based Emirates NBD, the leading financial services brand in Read More