Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
Even if ceasefire succeeds, investors will still want a risk premium
Demand allowed the bank to cut the yield by 35bp
The country offers huge potential and possible pitfalls for investors
A piece of very rare African senior bank issuance could also come this week
More articles/Ad
More articles/Ad
More articles
-
-
-
-
Manama, Bahrain – 23 July 2012 – The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities for the BD 18 million issue, which carries a maturity of 91 days, has been oversubscribed by 188%.
-
Manama, Bahrain: Arab Banking Corporation today announced that its consolidated Group net profit for the first half of 2012 was US$105 million. Net profit for the second quarter was US$51 million compared to US$54 million in the first quarter of 2012. Total operating income amounted to US$193 million, below US$214 million in the first quarter, mainly due to lower interest rates and exchange rate changes in Brazil even as income from lending activities increased on the back of higher volumes whilst trade finance activities continued to remain high. Total operating expenses were US$103 million compared to US$99 million and net impairment provisions were US$13 million against US$15 million in the previous quarter.
-
JEDDAH, KSA, 17.07.2012 –The 284th meeting of the Board of Executive Directors of the Islamic Development Bank, which convened at IDB headquarters starting Sunday 16 July, under the chairmanship of Dr. Ahmad Mohamed Ali, President, IDB Group, approved more than US$ 1,158 million towards development projects financing for IDB member countries and Muslim communities in non-member countries. This is the largest amount of approvals by a single IDB Board meeting since the Bank’s inception in 1975.