Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
The country's curve has rallied since the US and Iran agreed on a peace MoU
Most of the demand came from local investors, as one banker expected
Price was 'way off' fair value, according to a source on the deal
Rare borrowers Burjeel Holdings and Avilease also marketing deals
More articles/Ad
More articles/Ad
More articles
-
Arab Banking Corporation has brought its profit so far this year back in line with 2011's earnings with an improved third quarter result. The bank recorded $53m of net profit in the third quarter, up from $41m in the same period last year. This brings ABC's net profit for the first nine months of 2012 to $158m, roughly equal to the $157m it earned by this stage last year. Total operating income for the third quarter amounted to $200m million, the same as last year, whilst its $98m of operating expenses was marginally higher than the $97m in 2011. Cost/income ratio was maintained at 49%, while operating profit before impairment provisions reached $102m – down slightly on the $103m in 2011.
-
Manama, Bahrain: Arab Banking Corporation today announced that its consolidated Group net profit for the first nine months of 2012 was US$158 million compared to US$157 million for the same period last year. Net profit for the third quarter was US$53 million compared to US$41 million last year.
-
JCR-VIS assigns local currency ratings on a national scale. Local currency rating on a national scale assumes the national government to be least risky, which is therefore implicitly assigned a 'کAAA' rating. These ratings represent an entity's ability to meet its domestic obligations in the local currency.
-
Source: Manila Bulletin Publishing Corporation
-
Abu Dhabi Islamic Bank launched the first ever Basel III-compliant subordinated sukuk note well inside initial price guidance on Thursday morning, after receiving $15.5bn of orders.