In Saudi Arabia and the UAE, the level of consumer trust in insurers is just 52 per cent, compared to 73 per cent for supermarkets, 71 per cent for banks, and 67 per cent for pharmaceutical companies, a report said.
In terms of tr
The Bank of England has told British banks they will need to hold more capital to guard against the risks of bad loans, but the new measures were less stringent than many had expected.
Shares in Barclays -- the bank that analysts
Islamic bond programmes from a trio of big conventional banks are set to expand the boundaries of Islamic finance, helping open the market to first-time issuers while testing the banks' ability to win over industry purists.
Bahrain-based banks need to treat tougher US action on non-compliance with sanctions as an opportunity, an expert has said.
Growing use, more active enforcement and harsher fines for non-compliance with US sanctions not only pose
Saudi banks provided loans totalling SR123.4 billion ($32.9 billion) to the real estate sector in the kingdom during the first quarter of this year, a report said.
Real estate loans to individuals rose by 33 per cent in Q1 2014 to
The consolidated balance sheet of the banking system in Bahrain, comprising retail and wholesale banks, stood at $192.6 billion at the end of March this year, according to Central Bank of Bahrain data.
When the Kenyan government issued a debut $2 billion Eurobond last month, most of the lead arrangers were top Western and African banks. But there was a standout: Qatar's QNB Capital.
After decades during which banks from the
China's top banks accounted for almost one-third of a record $920 billion of profits made by the world's top 1,000 banks last year, showing their rise in power since the financial crisis, a survey showed on Monday.
A spurt in industrial and commercial activity in the first half of the year suggests that bank lending in Bahrain is likely to grow at 10 per cent this year, reported the Gulf Daily News, our sister publication, citing a senior financial expert.