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Mashreq Bank taps banks for AT1 bond issuance
Investor meetings are set to take place today
Listed-GCC banks’ revenues fall for the first time since 2021, says Kamco Invest
Outstanding credit facilities in Saudi saw the fastest q-o-q growth in six quarters to SAR 2.7 tn
Foot-dragging by the Fed on rate cuts is good news for GCC banks: S&P Global
Cutting rates by 100 bps trims rated Gulf banks’ net income by c. 9%, according to S&P Global
A snapshot of the bank credit sector in 1Q 2024
Personal loans accounted for almost 47.6% of banking system’s loan book in 1Q
Jazan is getting its first coffee factory
Good morning, wonderful people, and happy THURSDAY to you all. We hope you’re looking forward to the weekend as much…
SNB + Al Rajhi led a strong 1Q earnings season for listed banks
Plus: PIF-backed EV maker Lucid reporter a wider 1Q loss than analysts had predicted
Banks set to be among key funders of Vision 2030, says S&P Global
Mortgages have been leading lending growth, with corporate debt lagging behind
Bank AlJazira net income soars 47% in 1Q 2024 as transformation plan delivers results
Tawuniya | Bank AlJazira | Bahri
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