Riyad Bank - (1010)

10.35 -0.05(-0.49%) Last Update 25/04/2017 10:58 KSA

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Saudi's Riyad Bank reports 10.8 pct profit fall but beats forecasts
(Reuters - 17/04/2017)

Riyad Bank reported a 10.8 percent fall in first-quarter net profit on higher impairment charges but Saudi Arabia's fourth-largest lender by assets still beat analysts' forecasts. Net profit fell to 1.05 billion riyals ($280 million) in the three months ...

Riyad Bank established "Riyad Financial Markets Ltd
(Tadawul - 14/02/2017)

Riyad Bank announces the completion of the establishment of a special purpose company under the name of (Riyad Financial Markets Ltd.), after obtaining the No Objection from Saudi Arabian Monetary Agency on 10.08.1437 H. It is a limited liability ...

Corporate Announcements

Net profit announced for the 1st Quarter of the year 2017, SAR 1.05 billion, a decrease of 11%. - 16/04/2017
Net profit announced for the year 2016, SAR 3.34 billion, a decrease of 17%. - 16/01/2017
Cash dividend announced for the 2nd half of the year 2016, SR 0.30 per share. - 04/01/2017
Net profit announced for the 9 months ended 30/6/2016, SAR 3.05 billion, a decrease of 4.7%. - 11/10/2016
Cash dividend announced for the 1st half of the year 2016, SR 0.35 per share. - 18/07/2016

Commercial Bank - News

Masraf Al Rayan posts QR510mn Q1 net profit as core earnings surge
(Gulf Times - 25/04/2017)

Masraf Al Rayan, a Shariah-compliant lender, has reported a net profit of QR510mn in the first three months of this year on the back of “reasonable” expansion in core earnings. The bank’s financing grew 3% year-on-year to QR67.51bn and investments by 6% ...

CBI reports Dh21 million first quarter net profit
(Gulfnews - 25/04/2017)

Commercial Bank International (CBI) reported a net profit of Dh21 million for the first quarter of 2017 compared to Dh37 million in the first quarter of 2016. The bank said in a statement that its first quarter profits were impacted by higher gross ...

NBAD shareholders approve name change post merger
(Gulfnews - 25/04/2017)

Shareholders of the National Bank of Abu Dhabi on Monday approved a proposal by the bank to change its name to First Abu Dhabi Bank. The approval comes three weeks after the bank merged with Abu Dhabi’s First Gulf Bank (FGB). The new name was proposed by ...

Invest bank registers Dhs90m profit
(The Gulf Today - 25/04/2017)

Invest bank has posted a net profit of Dhs90 million by the end of the first quarter of 2017, recording an increase of 5 per cent over the corresponding period of 2016. The bank recorded an operational income of Dhs178 million, while its net operational ...

ADIB net profit increases by 20 per cent in Q1 2017a
(CPI Financial - 24/04/2017)

The Abu Dhabi Islamic Bank (ADIB) Group has released its Q1 2017 results with net profit up 19.8 per cent to AED 577.5 million. This performance was underpinned by 4.3 per cent increase in total revenues for the quarter to AED 1,374.1 million driven by ...

Burgan Bank celebrates 40th anniversary at town-hall meeting
(Arab Times - 24/04/2017)

Burgan Bank celebrated its annual employee town-hall gathering this year and highlighting four decades of continued success across the board. The annual corporate event which was held on April 19th, commended employees’ continued contributions towards ...

Al Hilal Bank Tower secures commercial project quality award
(Saudi Gazette - 23/04/2017)

Al Hilal Bank Tower was named one of the UAE’s national winners at the 2017 MEED Quality Awards for Projects. Nominated by Goettsch Partners, Al Hilal Bank won in the Commercial Project of the Year category and was praised as an architectural ...

Pro-forma Group net profit increases 12.4 per cent to AED 2.93 Billion
(CPI Financial - 20/04/2017)

NBAD and FGB reported a pro-forma Group net profit of AED 2.93 billion for the first quarter of 2017, a 12.4 per cent increase from AED 2.6 billion for the same period last year. These results were achieved on the back of a healthy operating performance ...

al khaliji bank reports 3% increase in net profits for Q1 2017
(CPI Financial - 20/04/2017)

Al Khalij Commercial Bank (al khaliji) P.Q.S.C., in Qatar, announced its financial results for Q1 of 2017, reporting a net profit of QAR 160.9 million, representing an increase of three per cent over its financial results for the same period of last ...

Al Khaliji Q1 net profit reaches nearly QR161mn
(Gulf Times - 20/04/2017)

Al Khalij Commercial Bank (Al Khaliji) has posted a net profit of QR160.9mn in the first quarter of this year, up 3% on the same period in 2016. The bank’s total assets stood at QR59bn in March. The overseas branches in France and UAE represented 10% of ...

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