ArabianBusiness.com - Middle East Business News
Tuesday, 23 April 2024 15:32 UAE time

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National Commercial Bank

Main Category: Commercial Bank
City : Jeddah
Country : Saudi Arabia
Phone: 966 2 6440377
Website: www.alahli.com


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ALL STORIES LIST


'Saudi economy to expand 3.7% this year on oil' - NCB

Higher oil prices are expanding the dominant source of government revenues

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Saudi construction deals rocket 175 percent in Q2

Power, residential real estate and road projects fire construction sector's rebound.

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Saudi Kayan gets $1.2bn loan from NCB for Jubail plant

Seven year loan is guaranteed by 35% stake holder, Saudi Basic Industries Corp.

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Saudi's NCB posts 3.4% rise in Q2 net profit

Saudi Arabia's biggest lender makes net profit of SR1.23bn in three months to end-June.

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Saudi cement profit margins to decline in 2010

Report says current excess supply situation to lead to lower pricing and margin pressure.

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Oil exports to allow Saudi economy 3.5% rise - NCB

Kingdom aiming to increase oil production by 150,000 to 200,000bpd.

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Saudi NCB hikes Q4 loan provisions by 17%

Saudi Arabia's biggest lender by assets booked a total SR2.47bn in provisions.

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GCC economy to hit $2tn in next decade - NCB

Saudi's largest bank says region to play increasingly key role globally.

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Profits at biggest Saudi bank dip at end of 2009

State-owned bank posts lowest quarterly profit in 2009; loans growth slows.

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National Commercial Bank launches online banking

The new Al-Ahli Online service allows customers to control their finances from home.

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Saudi Mobily refinances SR1.5bn Islamic loan

Mobile operator originally used loan to finance purchase of Bayanat Al Oula.

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Saudi banks profits 6.2% in Jul-Aug - cbank

SAMA data shows cumulative profit of 8.25bn riyals in Q1, 7.92 bn in Q2.

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Saudi economy may shrink 1% this year - NCB

But Saudi Arabia’s largest lender also forecasts growth of up to 3% for 2010.

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Saudi economic growth to slow by 1% in 2009 - report

Real GDP growth set to be hit by a contraction in oil sector - National Commercial Bank.

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Banks seen raising provisions on Saudi groups - NCB

Saad and Algosaibi debt restructurings continuing to impact, but not seen as threatening.

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Al-Tuwairqi said to hire HSBC for debt restructuring

UK bank to oversee Saudi steelmaker’s bank loans, according to sources.

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Saudi car imports seen falling for first time in 10 years

Analysts, traders say numbers could fall as result of impact of global economic crisis.

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Major Saudi bank sees Q1 net profit fall by 41%

National Commercial Bank makes profit of $278.9m for three months to March 31.

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Saudi firms plan expansion Q2 despite crisis - survey

The Business Optimism Survey shows 46% of responders to go ahead with expansion plans. 

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OPEC paves way for higher oil prices

Prices likely to rise later this year as producers gradually succeed in tightening markets, say analysts.

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Kinan puts Jeddah project on hold

Affiliate of Saudi Arabia's Savola Group puts 2 billion riyals property project on hold.

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Saudi top bank NCB Q3 profit dives on global woes

Profits at state-owned bank fall nearly a third to $233mn as portfolio revalued.

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Driving innovation

N. Ganapathy Subramaniam, president of TCS Financial Solutions, talks about projects at Saudi Arabia's National Commercial Bank (NCB) and the technology needs of regional financial institutions.

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Largest Saudi lender predicts 7% inflation in '08

Inflation to accelerate as gov't spending and immigration strain capacity, NCB says.

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Saudi should revalue now, bank says

State bank urges gov't to invest more assets outside US and reconsider continued dollar peg.

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Saudi IPOs to hit $8bn

Up to 40 firms will sell shares to public in 2008 in offerings worth twice this year's total.

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Ri$ky business

An introduction to the financing method which provides the cash for new capacities.

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Mortgage law to boost Saudi housing market

Housing market set to boom with long-awaited financing law expected to drive demand.

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Results round-up - July 23

Saudi's National Commercial Bank records net income of $942.3mn in H1; Industries Qatar quarterly profts rise 33.7%.

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Saudi Arabia’s insurance boom

Oversubscriptions of insurance company shares point to the sectors' heavy growth in the kingdom.

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Car rental firm UniTrans plans IPO

Saudi United International Transportation plans an offering of 30% of its capital.

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Revealed: Gulf's most admired companies

Arabian Business has published its '50 Most Admired' list of regional companies.

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NCB tightens card control system

Arab Financial Services (AFS), a provider of electronic payments and consumer finance outsourcing services, is to provide National Commercial Bank (NCB) with an advanced account management system.

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Dubai banks merger to up competition

NBD-EBI merger will boost competitiveness, says UAE Central Bank Governor.

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NCB improves online trading system

KSA’s National Commercial Bank says Tadawul Plus is faster and more secure than prior system.

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Goldman Sachs lured by KSA boom

Undeterred by the stock market crash, the bank is the latest global institution to set up in Saudi.

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Core competency

The IT system backing a bank can make all the difference when the time comes for business expansion, whether it comes through acquisitions or from organic growth

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Outdated pitching procedures wasting media agencies' time

Panelists at the Campaign Conference criticise the unnecessary, arhaic and costly formal pitch

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Quotes

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Rising print costs - who cares?

Print typically accounts for around 3% of a company's annual revenues. So what? That has been the traditional CIO response to print overheads. Colin Edwards discovers that little is changing despite IT's bigger involvement in managing huge printer fleets.

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NCB claims fund access

...

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NCB Saudi streamlines its document management

National Commercial Bank of Saudi Arabia has signed an agreement with Bahrain-based software development company 01 Systems WII to buy its document management solution.

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