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banks

Emirates Airline and Qantas

Emirates Airline picks six banks

Emirates airline, Dubai’s flagship carrier, has hired six banks to arrange a potential dollar-denominated, benchmark sukuk sale, lead arrangers said on…

March 6, 2013 9:47
 
UAE banks and top lenders

UAE banks told to extend loan maturities for citizens

The United Arab Emirates' central bank has told lenders to extend maturities on certain personal loans held by UAE citizens by more than four years, the latest initiative aimed at reducing their debt burdens.

August 16, 2012 3:57
 
UAE-central-bank

UAE to require banks to hold 10 percent liquid assets

Banks in the United Arab Emirates will have to hold high-quality liquid assets equal to 10 percent of their liabilities from Jan. 1 next year, under a rule introduced by the UAE central bank as it prepares the sector to comply with Basel III global standards.

July 15, 2012 5:06
 
Saudi lending-foreign banks

Big Saudi banks post upbeat second quarterly results

Four major Saudi banks reported upbeat quarterly results on Tuesday, topping or meeting estimates, boosted by rising loan demand.

July 11, 2012 11:30
 
Qatar-plans-to-spend-49-billion-in-2012-13

Qatar banks should issue more bonds to meet funding needs

Qatari banks too reliant on deposits for funding; High loan growth vs slower deposit growth could lead to future problems; Gulf banking sector healthy, avoided euro zone problems

July 5, 2012 11:00
 
jORDAN CENTRAL BANK

Jordan private sector loans rise to $23.4billion in May

Outstanding private sector loans made by the country's 23 commercial banks stood at 16.2 billion dinars at the end of December 2011, Central Bank of Jordan (CBJ) data obtained by Reuters showed.

July 4, 2012 6:15
 
Euro-rival-banks

Gulf banks eye European rivals’ Middle East assets

European lenders selling MidEast, N.Africa assets; Gulf banks keen to expand; have financial resources; Assets in countries such as Egypt, Turkey put on the block

June 21, 2012 3:30
 
Bahrain Eyes Bond Market Return, Picks Banks

Bahrain Eyes Bond Market Return, Picks Banks

Bond will target U.S. institutional investors; Will aim to raise $1.25 bln over 7 or 10 years -IFR; Mandates JP Morgan, Citi, Stanchart, GIB - sources; Bahrain faces budget deficit in 2012

May 9, 2012 9:12
 
Why I don’t trust banks in the UAE anymore…

Why I don’t trust banks in the UAE anymore…

After years of procrastination, this weekend I closed my first ever bank account. It wasn’t as bad as I imagined. In fact it was just a little too easy: I wasn’t asked for identification, a PIN or any special secret questions. My experience has made me forever distrust financial institutions and here’s why.

April 9, 2012 5:04
 
Cash under the mattress: a new chapter for regional banks

Cash under the mattress: a new chapter for regional banks

Everyone’s got a theory about where best to keep money. And even though banks used to be the go-to alternative, its future remains uncertain. That is, if they don’t change.

March 25, 2012 3:55
 
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