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Moody latest

Moody’s said that Islamic banks perform better primarily as a result of their low funding costs, which reflect their reliance on largely stable current and savings account balances. (File photo)

March 19th, 2017 - 06:00 GMT

Gulf Islamic banks set to outperform conventional banks for second year: Moody's

After trailing for five years, Islamic banks have become more profitable than their conventional counterparts in 2016 according to a report by Moody’s Investors Service.

The turmoil in Syria, which is weighing on Lebanese banks operating there, will have minimal impact on banks because the affiliates account for a small percentage of profits, Nassib Ghobril, head of Economic Research at Byblos Bank said

December 29th, 2011 - 08:46 GMT

Lebanon banks’ 2012 growth hinges on regional changes

Despite the risk of higher provisioning needs in some markets, corporate banking executives surveyed by BCG were optimistic about the future of GCC corporate banking

December 15th, 2011 - 05:22 GMT

Profitability of Gulf’s corporate banking recovers after slowdown

Independent analysts said in countries such as Egypt and Lebanon, the banking sector could face negative rating action

December 12th, 2011 - 05:12 GMT

S&P to review ratings of 50 banks in Middle East

Some large Lebanese banks have an important presence in Syria and Egypt, which have both seen political upheaval this year

December 6th, 2011 - 05:55 GMT

Lebanese banks’ outlook negative

Some of the key financial soundness indicators suggest that banking systems are generally well-capitalised and that provisioning levels are satisfactory

November 14th, 2011 - 07:31 GMT

Gulf banks’ profit, loan growth likely to remain under pressure

Despite the government’s long-term plans to diversify the economy, the hydrocarbon sector will continue to dominate the Omani economy over the medium term, leaving banks’ earnings susceptible to volatility

September 10th, 2011 - 12:35 GMT

Omani banks warned on overexposure

April 25th, 2010 - 12:14 GMT

Weekly Money Markets Report dated 25-04-2010

October 5th, 2009 - 09:55 GMT

Cityscape Dubai 2009 opens today

June 7th, 2009 - 05:42 GMT

Dubai Islamic Bank to implement Moody’s Analytics Credit Risk Scoring Tool

April 16th, 2008 - 11:35 GMT

Investcorp Opens its Private Equity Conference for Investors

April 16th, 2007 - 09:04 GMT

Abu Dhabi National Energy Company to Address Investors

March 12th, 2007 - 03:48 GMT