UAE banks' profits deteriorate; bad loans likely to go up
Challenging economic conditions result in higher non-performing loans for Q3
ZAWYA - 22 Nov 2020No stock data available at this time
ID | Stock Type | Currency | Exchange | Symbol |
---|---|---|---|---|
NBF.ADSM | Ordinary | AED | Abu Dhabi SE | NBF |
Challenging economic conditions result in higher non-performing loans for Q3
ZAWYA - 22 Nov 2020Klip offers a simple way for users to transfer money to others via a mobile number
TradeArabia - 10 Sep 2020Narrower margins and contraction in lending will pressure revenue, according to the global ratings agency
ZAWYA - 06 Jul 2020Cost pressures and digitization will cause shift in post-COVID hiring as well
ZAWYA - 30 Jun 2020The global ratings agency regards the coronavirus outbreak as a social risk under its ESG framework
ZAWYA - 21 Jun 2020This has led to more streamlined and efficient operations, cutting-edge marketing techniques and well-structured banking ecosystems being employed within the sector
Press Release - 23 Feb 2021Keynotes will be offered by Forcepoint CEO Matt Moynahan and Help AG CEO Stephan Berner, and attendees will also have the opportunity to hear from Forcepoint and Help AG customers, who will debate the current issues they face when implementing cybersecurity programs in the Middle East
Press Release - 13 Dec 2020The Third Generation of e-Dirham system includes the launch of the e-Dirham mobile app "Mubasher" and three prepaid cards with integrated benefits
Press Release - 16 Sep 2020NBF Connect will serve as a collaborative ecosystem and a one-stop-shop for SMEs with partners including Etisalat and Visa
Press Release - 24 Aug 2020NBF posted an operating income of AED 755.6 million and net profit of AED 65.1 million after building prudent impairment provisions in response to protracted period of disruptions caused by COVID-19
Press Release - 28 Jul 2020Commercial banks are moving quickly to harness working from home to cut costs, while investment banks are keen to get traders and advisers back to the office
Reuters News - Friday 26 February 2021Widening access to sustainable financing for MSMEs
Press Release - Friday 26 February 2021The policymaker said she was concerned that new variants could lead to another increase in infections
Reuters News - Thursday 25 February 2021Companies in the sector, including Sweden's Klarna and Australia's Afterpay, have seen business blossom over the past year
Reuters News - Thursday 25 February 2021He faces several sets of charges relating to an alleged large-scale fraud at the Punjab National Bank
Reuters News - Thursday 25 February 2021Major stock markets in the Middle East registered sharp gains on Thursday
Reuters News - 18 hours agoAdditional funds to boost firm's operational capacity
ZAWYA - 19 hours agoAlkhorayef floated a 30%stake, or 7.5 million shares, in an IPO, out of which 90% was allocated to institutions and 10% to retail investors
ZAWYA - 24 hours agoThe board of directors of the Saudi-based gas distributor said it was committed to protecting shareholder funds and investments
ZAWYA - 1 day agoThe bond issuance was more than three times oversubscribed, with total orders in excess of $6.11bln
Arab News - 1 day agoRefinitiv research team update company information from primary sources (company annual reports, press releases, company websites, corporate briefings, official statements/interviews) and reliable secondary sources (stock markets, reliable third party publications).
Stocks | Last Price | % Change |
---|---|---|
AD COMMERCIAL BK | 6.280 AED | -1.26 |
BANK OF SHARJAH | 0.639 AED | 1.11 |
COMM BK INT'L | 0.713 AED | 0.00 |
INVEST BANK | 0.450 AED | 0.00 |
MASHREQ BANK | 65.000 AED | 0.00 |
DXB COMM BK | 4.050 AED | 0.00 |
Dollar hits fresh three-year lows against commodity-linked currencies
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