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Liquid Real Estate Awards

Liquid Real Estate Awards

2008 results released

Cash management poll 2008:

Cash management poll 2008:

Results now live

March 2008

Gulf banking: ADCB reports sub-prime losses




The reporting season in the Middle East this year has been an incongruous affair. There has been record revenue growth as the economic boom continues but some banks have had to be content with much smaller growth in their profits.

This is because, apparently unbeknown to some in the Middle East, there was a financial crisis over the past few months in the US.

One bank that has been more open than some on the issue is Abu Dhabi Commercial Bank. The bank has acknowledged losses related to the sub-prime crises that amounted...


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