banking
May 05
BBAC opens new branch in Bliss Street
The new branch is a state-of-the-art banking facility where all customers' financial requirements are met by a team of top banking professionals.
Sheikh Ghassan Assaf, Chairman and General Manager of BBAC, stated: "We seek through our strategic expansion to allow an easy and professional access to our distinguished banking services. The care that we will...
Apr 24
Al Khaliji Reports 8% increase in Net Profit at QR 131.5 Million For The First Quarter Of 2013
- Net profit of QR 131.5 million for the first quarter of 2013 is 8% higher than the same period of 2012
- Total assets at QR 34.4 billion, 28% higher than the first quarter of 2012
- Loans and advances grew by 8% during Q1 2013 and 20% comparing with Q1 2012 to reach QR 14Bn
- Net fee and commission income at QR 47.3 million, up 82%... Continue Reading >>
Apr 22
Union Bancaire Privée and Guggenheim Fund Solutions Power an Advanced Hedge Fund Platform That Meets the Requirements of Global Investors
Following the acquisition and integration of Nexar, Union Bancaire Privée, UBP SA has launched an alternatives division that offers clients broad alternative investment expertise, as well as innovative solutions. As part of this strategy, it has selected Guggenheim Fund Solutions"...
Continue Reading >>Apr 22
Bank of America Reports First-Quarter 2013 Net Income of $2.6 Billion, or $0.20 per Diluted Share
Business Momentum Continues
- Deposit Balances up 5 Percent From Q1-12 to $1.1 Trillion
- First-lien Mortgage Production up 57 Percent From Q1-12 to $24 Billion
- Global Wealth and Investment Management Reports Record Post-merger Revenue, Net Income and Long-term Assets"... Continue Reading >>