Friday 1 August 2014
loan growth

ENBD sees 2014 loan growth at 7-8pc

Dubai's top lender Emirates NBD sees loan growth this year in the range of 7-8 percent and the bank has no plans to raise additional capital in 2014, its chief financial officer said on Monday. "Loan growth is expected to


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


NBAD revises down 2012 loan growth

National Bank of Abu Dhabi said higher interest and fee income would help it offset lower loan growth this year, keeping its top-line profit forecast on track. The bank, the largest in the United Arab Emirates by market value, now


Loan growth key test for Gulf banks' revival

Investors are looking for signs of renewed lending growth from upcoming Gulf Arab bank results, where provisions for bad and doubtful debt will continue to weigh on second quarter profits, according to experts. "NPLs will probably dominate


UAE sees loan growth slow down to 10pc

Credit growth in the United Arab Emirates would slow to no more than 10 per cent in 2009, the central bank governor said on Monday, as banks adjust to a financial crisis that has slammed the brakes on economic growth. Credit growth in the

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