Saudi Arabia Commercial Bank News

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

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UAE banks see 2.9 billion dollars at risk with two Saudi firms 20 Nov 2009 03:11 GMT
... of 2.9 billion dollars to two troubled Saudi Arabian business groups. The Central Bank ordered ... its partners, in favour of Abu Dhabi Commercial Bank, which was owed money. (dpa) ...
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. ... disclosed their exposures to investors. Abu Dhabi Commercial Bank is owed a total of $609m by the ...
Emaar Middle East to showcase Saudi Arabian projects in Qatar 18 Nov 2009 09:30 GMT
... to request more information from Emaar Middle East About Emaar Properties ... world's largest shopping and entertainment destination. In Saudi Arabia, Emaar is developing King Abdullah Economic ... in Dubai Bank, focused on retail and commercial banking. Emaar is also the largest shareholder in ...
UPDATE 1-First Energy Bank to build $1 bln Saudi solar plant 17 Nov 2009 10:30 GMT
... MANAMA, Nov 17 (Reuters) - Bahrain-based First Energy Bank plans to ... build a $1 billion polysilicon plant in Saudi Arabia with a local partner to cater ... the bank was in advanced talks with commercial banks to raise the remainder. Zanoyan also said the ...
First Energy Bank to build $US1bn Saudi solar plant 17 Nov 2009 11:35 GMT
... MANAMA - Bahrain-based First Energy Bank plans to build a ... build a $US1 billion polysilicon plant in Saudi Arabia with a local partner to cater ... the bank was in advanced talks with commercial banks to raise the remainder. Zanoyan also said the ...
Q+A-Bahrain's offshore banks at crossroads 18 Nov 2009 12:00 GMT
... in the six Gulf countries, in particular Saudi Arabia, to which their placement teams travel ... House GFHB.BH (GFH) plans to make Khaleeji Commercial Bank KHCB.BH, in which the bank and its chairman ... percent stake, the centrepiece of its new commercial banking division. However, this route is only open ...
AME Info, Abu Dhabi, United Arab Emirates, banking briefs 16 Nov 2009 19:54 GMT
... Network) -- CBK POSTS Q3 NET LOSS: Commercial Bank of Kuwait (CBK), the country's third biggest lender ... and services. ABANA COMPLETES TELLER MACHINE INSTALLATION: Saudi Arabia-based Abana Enterprises Group Co. has said ...
NCB Capital signs agreement for distribution of its investment funds with Derayah Financial 16 Nov 2009 10:30 GMT
... About NCB Capital: NCB Capital is the investment arm and assets manager of the Saudi National Commercial Bank (NCB), a leading regional Financial institution. It is the first independent investment company of a ...
Algosaibi, Saad Group owe UAE banks $2.9bn 19 Nov 2009 21:37 GMT
... Ahmad Hamad Algosaibi & Bros Co., the Saudi Arabian family businesses that defaulted on payments, ... UAE’s third-largest bank by assets, Abu Dhabi Commercial Bank PJSC, is owed a combined 2.24bn dirhams ($610mn) ...
UUPDATE 1-UAE's First Gulf Bank completes $500 mln bond sale 19 Nov 2009 15:44 GMT
... it had $104 million of exposure to Saudi Arabia firms and expected to make further ... want to be identified. Earlier this month, Commercial Bank of Qatar COMB.QA raised $1.6 billion in bonds, ...
Arab bourses cautious as investors monitor global markets 20 Nov 2009 10:53 GMT
... Amman - Most Arab stock markets rebounded in the last two ... unjustifiable, continues to grip Middle East bourses. Saudi shares were strongly volatile this week, but ... passed a legislation guaranteeing all deposits at commercial banks without any ceiling. The KSE all-share price index ...
Kuwaiti Equities Dip to Lowest Level Since March; DFM, ADX Decline 17 Nov 2009 19:36 GMT
... in reforms, and now conspiracy and fraud.” Commercial Bank of Kuwait SAK, the emirate’s second-largest lender by ... MSM30 Index advanced 0.4 per cent and Saudi Arabia’s Tadawul All Share Index added 0.3 ...
MIDEAST STOCKS-Zain, Agility drag Kuwait index to 33-week low 18 Nov 2009 16:35 GMT
... sessions. Abu Dhabi's benchmark and that of Saudi Arabia also ended slightly lower. 'International investors ... Qatar Islamic Bank advanced 3.2 percent, and Commercial Bank of Qatar rose 3.1 percent. The rise came ...
BRIEF: $1bn solar plant to be set up in Jubail 18 Nov 2009 03:54 GMT
... MANAMA, Nov 18, 2009 (Arab News - McClatchy-Tribune Information Services ... and scale in the region, in the Saudi city of Jubail. Polysilicon is used in ... the bank was in advanced talks with commercial banks to raise the remainder. Zanoyan also said the ...
EFG-Hermes releases 3Q2009 results 16 Nov 2009 07:10 GMT
... "Our 3Q09 numbers were exactly where we expected them to ... Hermes' consolidated operating revenue in 3Q09. -In Saudi Arabia: EFG Hermes' total executions fell 58.2% ... Egypt-centric mandates to manage funds for local commercial banks and has a number of products due to ...

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EIN News Columnists

China's 'Capitalism:' A Rigged Game (Joe Rothstein's Commentary) [17 Nov 2009 - 11:59]
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Bank Bailout News

Britain's bank bail-out may have broken rules, says WTO [21 Nov 2009 - 21:30]
Communications, Nasty Weather Cause Tense Moments In Rescue Off Outer Banks [21 Nov 2009 - 18:28]
Nationwide lashes out at rescued banks [20 Nov 2009 - 21:58]
Palin Fan Can't Believe Sarah Supported Bank Bailout [20 Nov 2009 - 20:41]
Treasury to sell warrants as three banks exit bailouts [20 Nov 2009 - 16:06]

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Bank Types News

Al Baraka Islamic Bank launches new unified corporate identity [22 Nov 2009 - 01:12]
Investment Bank plans hit by £10m fall in funding [22 Nov 2009 - 00:50]
U.N., Islamic bank make $1 billion farming deal [22 Nov 2009 - 00:28]
Bayport Credit Union in Newport News robbed; one arrested [21 Nov 2009 - 15:27]
Nationwide Building Society predicting lengthy economic recovery [21 Nov 2009 - 10:52]

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Central Banks News

'Central Banks are horrible gold traders' [22 Nov 2009 - 02:29]
www.bharatbook.com : Central Bank Management [21 Nov 2009 - 09:54]
Japan's central bank chief denies differences between BOJ, government [21 Nov 2009 - 07:32]
Central bank says NT$ gained on Korean won [21 Nov 2009 - 07:31]
Account surplus widened in Q3 on import drop: central bank [21 Nov 2009 - 07:31]

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Currency News

Smith, Duke pound Radford [21 Nov 2009 - 23:31]
Leona Lewis: "American portions" resulted in 13-pound weight gain [21 Nov 2009 - 22:30]
£1 million pledged to flood victims [21 Nov 2009 - 18:49]
MMA Top 10 Women's Pound for Pound: Cyborg? Larosa? Fuji? Kaufman [21 Nov 2009 - 18:29]
5 800-Pound South Carolina Man Dies After Getting Stuck in Recliner for 8 Months > [21 Nov 2009 - 17:49]

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IMF

Ethnic Russian commentary says IMF, EU conduct "experiments" on Latvian economy [21 Nov 2009 - 16:09]
Siddharth Tiwari is new IMF Secretary [21 Nov 2009 - 09:36]
IMF Managing Director Dominique Strauss-Kahn Names Siddharth Tiwari as Secretary of the Fund [21 Nov 2009 - 09:34]
Indian named for key IMF post [21 Nov 2009 - 07:15]
Indian economist Siddharth Tiwari appointed to key IMF post [21 Nov 2009 - 07:14]

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World Bank News

World Bank technical aid for Thar coal: Sindh appoints Piet as Energy Advisor [22 Nov 2009 - 01:29]
World Bank commences climate change seminar for Nigerian youths [21 Nov 2009 - 09:54]
World Bank's Fund for Poorest Countries Delivers Record Support during Global Crisis [21 Nov 2009 - 08:32]
World Bank Announces Landmark Policy on Access to Information [21 Nov 2009 - 04:51]
World Bank approves $300m loan to Jordan [21 Nov 2009 - 01:40]

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Banking Organizations News

Kingman to take up Rothschild's role after quitting as Treasury's bank chief [22 Nov 2009 - 01:12]
State files complaint against Lincoln General over 'sham transactions': Kingsway Financial Services denies any wrongdoing by donating shares of the York County company to charities. [21 Nov 2009 - 23:31]
Ron Paul's Federal Reserve Audit Clears Financial Services Committee [21 Nov 2009 - 18:50]
New Financial Services research report from Datamonitor shows consumer attitudes to online borrowing [21 Nov 2009 - 17:09]
Loyalty cost me the treasury job [21 Nov 2009 - 14:28]

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Banking Regulation News

400 bank accounts seized in ICE operation targeting Colombian narcotics money launderers [22 Nov 2009 - 02:29]
Banking regulation prime concern: Fed [21 Nov 2009 - 17:29]
Banker's Academy Adds FATF's 40 Recommendations on Money Laundering to Library and Resource Center [21 Nov 2009 - 10:32]
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Aurora man guilty in case of money laundering. [21 Nov 2009 - 09:20]

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Banking Products News

A Gift to Credit Card Companies [22 Nov 2009 - 02:29]
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