Banking And Finance NEWS

Dubai Islamic Bank reports an 11% increase in first quarter net profit

Dubai Islamic Bank booked a net profit of AED245m (USD66.7m/EUR50.4m) in the first three months of the year, up 11% from the AED222m recorded in the same period in 2011, the Dubai-based lender … Continue reading “Dubai Islamic Bank reports an 11% increase in first quarter net profit”


Greek Tsakos Energy braves equity markets via book-runner Credit Suisse

Greek energy transportation group Tsakos Energy Navigation (NYSE:TNP) has decided to tap investors for fresh equity, despite continuing worries of the Greek economy and the European sovereign debt crisis, the New York-listed firm … Continue reading “Greek Tsakos Energy braves equity markets via book-runner Credit Suisse”


70% of Britons Have Debt Problems, Say Co-Op

Statistics have shown that 70% of Britons have experienced a debt or financial problem. This was shown by research conducted by the Co-Operative Bank. If you have ever found yourself in a financial mess, … Continue reading “70% of Britons Have Debt Problems, Say Co-Op”


Why You Are Missing Out On Free Money

In the current financial climate, it really does pay to look after your money and one of the ways you can make the most of your savings is to open an ISA savings … Continue reading “Why You Are Missing Out On Free Money”


Where will you be next year?

It’s hard to predict the future, but the past is already set in stone – there for us to review whenever we want to. When you look back, it’s easy to see how … Continue reading “Where will you be next year?”


Ministry of Justice Clamp Down on Cold Calling Claims Management Firms

The Ministry of Justice are bringing in new measures to regulate false claims made by claims management companies. Back in December, This is Money covered a story about the growing number of cold … Continue reading “Ministry of Justice Clamp Down on Cold Calling Claims Management Firms”


Thinking Ahead – Prepare Now For Next Christmas

With Christmas and New Year right around the corner, many of us have found that buying the perfect gifts for loved ones, financing a few festive nights out and having to buy some … Continue reading “Thinking Ahead – Prepare Now For Next Christmas”


Skilled workers needed in middle east banks could answer job cuts in UK

A demand for skilled banking staff is outstripping supply in banks within the Gulf Cooperation Council.   The Gulf Cooperation Council (the political and economic alliance between Saudi Arabia, Kuwait, the United Arab … Continue reading “Skilled workers needed in middle east banks could answer job cuts in UK”


‘Loans’ dominate consumer online searches

Five of the ten most queried search terms used by UK consumers to find personal finance products online in January, were loan-related. This is according to the latest quarterly research, ‘Retail Banking- January … Continue reading “‘Loans’ dominate consumer online searches”


March shows unexpected fall in inflation

Inflation figures for March showed an unexpected drop for the first month since last July, easing some of the building pressure on the Bank of England to increase interest rates. The consumer price … Continue reading “March shows unexpected fall in inflation”


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