Saudi Arabia Central Bank News

Saudi Arabia Central Bank News is an EIN News Service for banking industry professionals. Constantly updated news and information about Saudi Arabia Banking.

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Central Bank Directs Banks to Make 50pc Provisions for Saudi Groups 18 Nov 2009 19:57 GMT
... ABU DHABI � The Central Bank of the UAE has directed banks to make ... banking subsidiaries of the Saudi conglomerates. The International Banking Corporation, or TIBC, is owned by Al ... and their subsidiaries is 20, including 13 national banks and seven foreign banks’ branches operating in ...
Central Bank looks at risk reforms 16 Nov 2009 16:28 GMT
... / November 16. 2009 3:58PM GMT The Central Bank may introduce further risk management reforms to protect ... the Saad and Al Gosaibi groups of Saudi Arabia. Despite signs of a recovery in ... Bank, and that of Al Gosaibi, The International Banking Corporation, by the end of the year, ...
Central Bank says lending has fallen 17 Nov 2009 17:18 GMT
... for the first time since July. The Central Bank figures challenge claims from banks that they are ... such as those extended to the troubled Saudi conglomerates Ahmad Hamad Al Gosaibi and Brothers ...
Emirates NBD faces $350 mln Saudi exposure 22 Nov 2009 13:15 GMT
... of up to $350 million to two Saudi conglomerates now restructuring their debt, Emirates NBD ... Algosaibi and Bros Co (AHAB), the UAE central bank said last week. Pudner, when asked whether his ...
Gulf monetary union well on track: Saudi 20 Nov 2009 21:18 GMT
... Saudi Arabian central bank governor Muhammad al-Jasser said that Gulf monetary union is “well on track” and he expects ...
Emirates NBD faces $350 mln Saudi exposure -CEO 22 Nov 2009 12:00 GMT
... of up to $350 million to two Saudi conglomerates now restructuring their debt, Emirates NBD ... Algosaibi and Bros Co (AHAB), the UAE central bank said last week. Pudner, when asked whether his ...
Saudi cbank says U.S. dollar peg beneficial -paper 18 Nov 2009 09:00 GMT
... DUBAI, Nov 18 (Reuters) - Saudi Arabia's currency peg to the U.S. dollar ... remains the main reserve currency globally, the central bank governor was quoted as saying on Wednesday. Muhammad ...
UAE banks see 2.9 billion dollars at risk with two Saudi firms 20 Nov 2009 03:11 GMT
... Abu Dhabi - The Central Bank of the United Arab Emirates said Thursday that ... groups. The Central Bank ordered the 13 national banks and seven branches of foreign-headquartered financial institutions ... Saad's Awal Bank and Al Gosaibi's The International Banking Cooperation. The two firms, which are focused ...
Local loans to Saudi groups total $2.9bn 19 Nov 2009 15:59 GMT
... and use cash instead? Local loans to Saudi groups total $2.9bn Last Updated: November 19. ... Ahmad Hamad Al Gosaibi and Brothers, the Central Bank says. The first official confirmation of the value ... for loans to the Bahrain banks The International Banking Corp (TIBC) and Awal Bank. The Central ...
UPDATE 1-Saudi annual inflation falls to 3.5 pct in Oct 15 Nov 2009 08:13 GMT
... Nov 15 (Reuters) - Annual inflation in Saudi Arabia fell to 3.5 percent in October ... to inflation remaining historically high.' The Saudi central bank said earlier this month it kept interest rates ...
Saudi inflation hits 28-month low 15 Nov 2009 14:34 GMT
... RIYADH (Reuters) - Saudi Arabia's annual inflation reached a 28-month low ... historically high." Earlier this week, the Saudi central bank gave a mixed view on inflation's prospects for ...
UPDATE 2-Saudi inflation hits 28-mth low; seen up by yr-end 15 Nov 2009 14:53 GMT
... RIYADH, Nov 15 (Reuters) - Saudi Arabia's annual inflation reached a 28-month low ... historically high.' Earlier this week, the Saudi central bank gave a mixed view on inflation's prospects for ...
Saudi inflation hits 28-mth low; seen up by yr-end 15 Nov 2009 17:15 GMT
... to spur prices RIYADH, Nov 15 - Saudi Arabia's annual inflation reached a 28-month low ... historically high." Earlier this week, the Saudi central bank gave a mixed view on inflation's prospects for ...
Saudi annual inflation falls to 3.5% in October 16 Nov 2009 01:12 GMT
... RIYADH: Annual inflation in Saudi Arabia fell to 3.5 percent in October ... was unnecessary given tepid inflation. SAMA, the central bank, held its main rate at 2 percent in ...
Saudi stocks fall for second day, paced by Sabic and Al Rajhi 21 Nov 2009 22:34 GMT
... Saudi stocks yesterday fell for a second straight ... Friday and concern grew that the European Central Bank will phase out economic stimulus measures. Saudi Basic ...

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Bank Bailout News

Rescue loans for banks topped £61bn [24 Nov 2009 - 18:28]
Banks got billions in secret bailouts [24 Nov 2009 - 17:35]
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Bank Types News

Conservatives plan to create 'green investment bank' [24 Nov 2009 - 18:04]
FDIC: Commercial Banks' Profit Rise [24 Nov 2009 - 18:04]
Arrest made in Bradley credit union robbery [24 Nov 2009 - 18:01]
FDIC: Commercial banks' profit rises [24 Nov 2009 - 17:33]
First Credit Union Steps Up with $50 Million Loan-A-Thon [24 Nov 2009 - 17:00]

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Central Banks News

Role of central banks in new international financial architecture [24 Nov 2009 - 18:29]
Stanley Fischer's move a light unto central banks [24 Nov 2009 - 18:28]
Reserve Bank rejigs top portfolios [24 Nov 2009 - 17:58]
Central bank should tighten credit, Shea says [24 Nov 2009 - 17:35]
Russia's central bank reduces key rate to 9% [24 Nov 2009 - 16:28]

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Currency News

WOODFORD GREEN: Church wins appeal for multi-million pound redevelopment [24 Nov 2009 - 18:29]
US dollar extends losses against yen [24 Nov 2009 - 18:28]
RLPC-EQT gets 1 bln pound loan for Springer Science-bankers [24 Nov 2009 - 18:26]
Dollar rises vs euro; yen climbs to six-week highs [24 Nov 2009 - 18:02]
FOREX-Dollar rises vs euro; yen climbs to six-week highs [24 Nov 2009 - 18:02]

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IMF

International Monetary Fund: IMF Executive Board Approves US$1.4 Billion Stand-By Arrangement with Angola [24 Nov 2009 - 17:57]
IMF Executive Board Approves US$1.4 Billion Stand-By Arrangement with Angola [24 Nov 2009 - 17:56]
REUTER MONEYGRAPH-IMF SDR RATES-Nov 24 US 1.60168 [24 Nov 2009 - 15:07]
DC agrees to $13M settlement with protesters arrested at 2000 World Bank, IMF meetings [24 Nov 2009 - 14:45]
IMF Gives Its Views Regarding Norwegian Economy And Economic Policies [24 Nov 2009 - 14:23]

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World Bank News

DC agrees to $13M settlement with protesters arrested at 2000 World Bank, IMF meetings [24 Nov 2009 - 14:45]
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SAfrica's Zuma backs World Bank loan for Eskom: paper [24 Nov 2009 - 09:40]
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Banking Organizations News

United States Mint Launches Zachary Taylor Presidential $1 Coin on 225th Anniversary of His Birth (PRN) [24 Nov 2009 - 18:27]
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Treasury awards SABC R1bn bailout [24 Nov 2009 - 17:58]

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Banking Regulation News

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Banking Products News

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