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Saudi banks’ March profits jump 27% on lending boom

Saudi banks’ March profits jump 27% on lending boom

  • Total bank credit reached SR3.1 trillion in March, an annual increase of 16.26%
  • Saudi banks are expected to maintain stable profitability throughout the year
By Dayan Abou Tine ·
Omani banking sector credit surges 7.4% in February

Omani banking sector credit surges 7.4% in February

By Reem Walid ·
Lebanon amends banking secrecy law in key reform

Lebanon amends banking secrecy law in key reform

By AFP ·
Lebanon parliament approves changes to banking secrecy law

Lebanon parliament approves changes to banking secrecy law

By AFP ·
GCC banks poised to weather global trade turbulence: S&P report

GCC banks poised to weather global trade turbulence: S&P report

By Miguel Hadchity ·
Lebanon nears approval of banking secrecy law, finance minister confirms

Lebanon nears approval of banking secrecy law, finance minister confirms

By Reuters ·
GCC banks poised for growth in 2025 amid economic shifts

GCC banks poised for growth in 2025 amid economic shifts

By Miguel Hadchity ·
Moody’s upgrades Oman’s banking outlook to positive on stronger economy 

Moody’s upgrades Oman’s banking outlook to positive on stronger economy 

By Nour El-Shaeri ·
SAMA permits full public launch of STC Bank in digitalization push

SAMA permits full public launch of STC Bank in digitalization push

By Nirmal Narayanan ·
Oman’s import price index up 1.1% in Q3 2024

Oman’s import price index up 1.1% in Q3 2024

By Reem Walid ·
Banking sector in Kuwait, Qatar and UAE to stay stable in 2025: S&P Global 

Banking sector in Kuwait, Qatar and UAE to stay stable in 2025: S&P Global 

By Nirmal Narayanan ·
Egypt sees 181% growth in financial inclusion over 8 years

Egypt sees 181% growth in financial inclusion over 8 years

By Nour El-Shaeri ·
Islamic banking in Kuwait and Oman stable amid favorable conditions: Fitch Ratings  

Islamic banking in Kuwait and Oman stable amid favorable conditions: Fitch Ratings  

By Nirmal Narayanan   ·

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