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Awal Bank News is an EIN News Service for banking industry professionals. Constantly updated news and information about banking.

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Local loans to Saudi groups total $2.9bn 19 Nov 2009 15:59 GMT
... per cent for loans to the Bahrain banks The International Banking Corp (TIBC) and Awal Bank. The Central Bank also published an estimate of overall bank profits for this year. ...
Central Bank Directs Banks to Make 50pc Provisions for Saudi Groups 18 Nov 2009 19:57 GMT
... conglomerates. The International Banking Corporation, or TIBC, is owned by Al Gosabi group and Awal Bank is a subsidiary of Saad group. The number of lenders to the two groups ...
UAE banks see 2.9 billion dollars at risk with two Saudi firms 20 Nov 2009 03:11 GMT
... the two Saudi firms, and of 100 per cent for their subsidiaries, namely Saad's Awal Bank and Al Gosaibi's The International Banking Cooperation. The two firms, which are focused on ...
Central Bank looks at risk reforms 16 Nov 2009 16:28 GMT
... banks to take provisions covering their entire exposure to the Bahrain unit of Saad, Awal Bank, and that of Al Gosaibi, The International Banking Corporation, by the end of the ...
UAE cbank presses banks on Saudi debt provisions-paper 16 Nov 2009 06:33 GMT
... Sunday to take provisions covering their entire exposure to the Bahrain unit of Saad, Awal Bank, and that of Algosaibi, The International Banking Corporation (TIBC) by Dec. 31, al-Bayan reported. ...

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EIN News Columnists

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Bank Bailout News

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Bank Types News

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Central Banks News

Japan's central bank remains tentative on sustained recovery [24 Nov 2009 - 07:59]
Comment: Heat is on central banks to stimulate growth [24 Nov 2009 - 06:41]
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Currency News

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IMF

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World Bank News

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