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Tuesday , June 19, 2018
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4 , Shawwal , 1439
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58 minutes ago
IFRS 9 standards boost banks' loan-loss reserves without major capital impact
Saudi banks additional provisioning under IFRS 9 is not correlated with their level of NPLs. Instead, the increase in loan-loss reserves was highest for banks with lower provisioning coverage of their problem loans, namely Saudi Investment Bank, Bank Al- Jazira and Riyad Bank. The variation in provisions related to the first time adoption (FTA) of IFRS 9 as of Jan. 1...
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Highlights
35 minutes ago
Stokes out of England squad
40 minutes ago
Spain faces tough test against Iran
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Pique in hot water with Barca
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Ronaldo hopes to continue his heroics
June 19, 2018
Fitch: Abu Dhabi stimulus confirms fiscal adjustment is over
June 19, 2018
SABIC takes part in IFA Conference in Berlin
June 19, 2018
Franklin Templeton funds become qualified foreign investors (QFI) in Saudi Arabia
June 19, 2018
‘Huawei Saudi’ and ‘Qumra’ join together to highlight the beauty of Saudi Arabia
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June 19, 2018
flyadeal celebrates Ramadan with the media
flyadeal continues to grow and expand its operations in the Kingdom. It recently added Madinah to its route network. This was the latest addition to the airline’s growing network which now...
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June 19, 2018
PepsiCo distributes over 2,000 Ramadan packages across Saudi Arabia
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June 19, 2018
Sacoor Brothers announces official fashion partnership with FPF
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