Gulf Times - banks
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.

QSE remains bullish on institutional investors' buy support

QSE remains bullish on institutional investors' buy support

Institutional investors were increasingly net buyers as the Qatar Stock Exchange (QSE) displayed strong bullish sentiments this week.

QSE retreats on increased profit booking by foreign institutions

QSE retreats on increased profit booking by foreign institutions

The Qatar Stock Exchange was back in the negative trajectory to retreat below 9,000 points mainly on increased profit booking by foreign institutions.

Local retail investors help QSE surpass 9,000 mark

Local retail investors help QSE surpass 9,000 mark

The Qatar Stock Exchange on Sunday opened the week strong to surpass 9,000 points, mainly on the back of buying interests of local retail investors.

Eid al-Fitr holidays for banks from June 17 to 19

Eid al-Fitr holidays for banks from June 17 to 19

These institutions will resume normal operations on Wednesday, June 20, sources said.

Swiss voters reject total overhaul of monetary system

Swiss voters reject total overhaul of monetary system

Voters decided on Sunday that Switzerland should not become the world's first country to wrest control from its banks in a sweeping monetary reform.

Fugitive veteran bank robber arrested in Spain

Fugitive veteran bank robber arrested in Spain

The man, who the authorities believe has been robbing banks for over 35 years, was arrested at a hotel in Getafe, a southern Madrid suburb.

Profit booking drives down Qatar share index

Profit booking drives down Qatar share index

Domestic and foreign funds’ sustained profit booking on Wednesday drove Qatar Stock Exchange down below 9,000 levels.