Thursday 18 September 2014
 
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money supply

Top Qatar banks to raise $1bn in bonds

Commercial Bank of Qatar (CBQK) and Doha Bank (DHBK) announced that they will be raising QR2 billion ($548.7 million) each in Tier 1 bonds to improve their capital adequacy ratios (CARs), a report said. The bonds will also provide

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UAE money supply growth hits 2-year high

Money supply (M3) in the United Arab Emirates grew 11.3 percent year-on-year at the end of May, the fastest rate since June 2011, after a 9.7 percent rise in the previous month, central bank data showed on Thursday. Bank lending g

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Euro zone lending falls for 8th month

Loans to companies and households in the euro zone contracted for the eighth month running in December, showing low official borrowing costs are having little success in reviving investment and spending. The European Central Bank

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Oman loan growth at 9-month low

The bank lending in Oman registered a 17.4 per cent growth on an annual basis in September, the slowest pace since December last year, compared to an 18.1 per cent jump in August, central bank data showed on Tuesday. The Sultanate's

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Saudi money supply growth surges in Aug

Saudi Arabia's M3 money supply growth accelerated to 9.7 per cent year-on-year at the end of August after a 9.5 per cent rise in the previous month, according to central bank data. The increase in bank lending to the pr

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Saudi money supply growth hits new low

Saudi Arabia's M3 money supply growth eased to a 17-month low of 7.7 per cent year-on-year at the end of May, after an 8 per cent rise in the previous month, central bank data showed on Tuesday. Bank lending to the private sector decelerat

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Saudi sees slow money supply growth

Saudi Arabia's M3 money supply growth accelerated to 13.6 per cent year-on-year at the end of January from 13.3 per cent in the previous month, central bank data showed on Sunday. The Kingdom's bank lending to the private sector rose 11.7

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Mashreq partners with Kaspersky Lab

UAE-based Mashreq Bank has partnered with Kaspersky Labs, a leading developer of secure content and threat management solutions, to provide its online customers with special offers on the anti-virus products. As per the deal, Kaspersky wil

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China loan, money supply growth pick up

Chinese banks ratcheted up the pace of lending in the last month of 2011 to 640.5 billion yuan ($101.51 billion) from 562.2 billion yuan in November as the central bank eased policy to cushion the domestic impact of the global economic slowdown.

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Qatar Nov money supply growth slows to 13pc

Money supply (M2) in Qatar grew by 12.7 per cent year-on-year at the end of November, after a 18.9 per cent rise in the previous month, the Gulf country's central bank data showed on Sunday. Bank lending to the private sector jumped by

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