Gulf Times - banks
SME accounts surpass general credit accounts in Qatar banks in 2018: QCB

SME accounts surpass general credit accounts in Qatar banks in 2018: QCB

The number of credit accounts opened by "small business and individuals" bettered all credit accounts opened by Qatar's banking sector last year, a Qatar Central Bank report has shown.

QCB announces Eid holidays for banks

QCB announces Eid holidays for banks

Qatar Central Bank (QCB) has announced that Eid al-Adha holidays for all banks operating in the country will start on Sunday, August 11.

Eid holidays for banks and financial institutions

Eid holidays for banks and financial institutions

Banks and financial institutions will have their Eid al-Fitr holidays for three working days from June 4, and will resume normal operations ...

QCB’s prudent monetary policy helps Qatar banks stay healthy: Al-Shaibei

QCB’s prudent monetary policy helps Qatar banks stay healthy: Al-Shaibei

Qatari banks have been able to maintain a very healthy balance sheet in the first quarter, thanks to the Qatar Central Bank’s (QCB) prudent monetary policy and the overall growth momentum in the country ...

Turkey gives banks $3.7bn lending boost to spur growth

Turkey gives banks $3.7bn lending boost to spur growth

Turkey’s sovereign wealth fund bolstered the capital ratios of five state-owned banks by €3.3bn ($3.7bn) in a bid to keep credit flowing in the economy.

Qatar sues Luxembourg, UAE, Saudi banks in forex manipulation case

Qatar sues Luxembourg, UAE, Saudi banks in forex manipulation case

Qatar said on Monday it has filed three lawsuits in London and New York against two Saudi and UAE banks, and the Luxembourg-based Banque Havilland for allegedly plotting to undermine its currency and bonds.

India government asked banks to save Jet Airways, avoid bankruptcy: sources

India government asked banks to save Jet Airways, avoid bankruptcy: sources

India's government has asked state-run banks to rescue privately held Jet Airways without pushing it into bankruptcy, as Prime Minister Narendra Modi seeks to avert thousands of job losses ...

QCB not to interfere in local banks' merger talks: Governor

QCB not to interfere in local banks' merger talks: Governor

Qatar Central Bank will not “interfere” in the negotiations between local banks for their possible merger, said HE the QCB Governor Sheikh Abdulla bin Saoud.

India to merge three state-owned banks to tackle sour debt

India to merge three state-owned banks to tackle sour debt

India plans to merge three state-run banks, Bank of Baroda, Dena Bank and Vijaya Bank, the financial services secretary said on Monday, as part of efforts to clean up the country's banking system.

Qatar Index settles above 10,000 levels on strong buying interests

Qatar Index settles above 10,000 levels on strong buying interests

Strong buying interests of foreign institutions helped the Qatar Stock Exchange comfortably settle above 10,000 levels this week.

Banks have ‘sufficient cushion’ for further realty credit: QCB

Banks have ‘sufficient cushion’ for further realty credit: QCB

The Net Mortgage Risk Ratio for the local banks stood at 114.17% as against the QCB-stipulated maximum limit of 150% as of December 2017.

Former Bhushan Steel MD arrested in India over alleged fraud

Former Bhushan Steel MD arrested in India over alleged fraud

It is fairly rare for influential industrialists or corporate leaders to be arrested over fraud allegations in India.