For full coverage of Middle East business, see MEED Bank Muscat, Oman’s largest commercial bank, reported a net profit of OR 39.2 million in the fourth quarter of 2015 and OR 175m for the year as a whole, 8 per…
Day: January 14, 2016
Banque Saudi Fransi reports 15 per cent profit growth in 2015
For full coverage of Middle East business events, see MEED Higher operating income and lower bad-loan provisioning lifted net profits at Banque Saudi Fransi (BSF) by 15 per cent to SR 4.04bn, NBK capital said today in a commentary on…
QNB reports 8 per cent profit rise in 2015
Qatar National Bank (QNB), the Middle East’s largest commercial bank in terms of assets, said that its net profit for 2015 as a whole rose by 8 per cent to QR 11.26bn on higher operating income and lower loan provisions.…