Al Rajhi Bank Achieves SR 3.5 Billion in Profits During the First Half of This Year, a 5% Increase Over Last Year

September 1st, 2009 RIYADH - In cooperation with Ensan Charity Association in order to enhance its role in serving the community, Al Rajhi Bank recently launched "Ensan" Credit Card to support social and charity projects, in addition to encouraging charity spending to support key causes in the Saudi community. An agreement has been signed for launching this special product by HRH Prince Faisal bin Salman bin Abdul Aziz, Chairman of Ensan Charity and Mr.

August 31st, 2009 THE HAGUE, The Netherlands - In the first half of 2009 the net profit of Bank Nederlandse Gemeenten (BNG) worked out at EUR 114 million (2008: EUR 73 million). This outcome was mainly caused by a higher interest result.

August 19th, 2009 COPENHAGEN - Saxo Bank, the online specialist in trading and investment, today reported its half year results showing that clients' collateral deposits and assets under management in total exceeded DKK 25 billion and, in a very difficult year, profit before tax reached DKK 55 million. Operating costs increased primarily due to new office openings, product launches, as well as contributions to the Danish State Guarantee Scheme and with unchanged income, profit before tax declined from the same period in 2008.

July 29th, 2009 LONDON - International tobacco group British American Tobacco today said it was confident of achieving growth over the rest of the year despite the current economic and trading circumstances. Interviewed on the group's half-year results, CEO Paul Adams said he believed revenues would continue to grow.

June 30th, 2009 RIYADH - Al Rajhi Bank represented by its Female Branches Department recently recognized 228 top female students who excelled scholastically across the Kingdom. This program is part of Al Rajhi Bank's commitment to developing the community as part of its social responsibility programs.

May 31st, 2009 RIYADH, Saudi Arabia - New Cash-to-Cash Service Offers the Lowest Charges and Fastest Service June 1, 2009 will mark the opening of the first Tahweel Al Rajhi remittance center specially catering for Filipino customers. Located near Manila Plaza in the Batha area of Riyadh, the center will provide Filipino expatriates with special offers and the best dedicated service for sending remittances back home.

May 2nd, 2009 RIYADH, Saudi Arabia - The CEO of Al Rajhi Financial Services Co. (Lead Manager and Sole Underwriter), Mr.

April 27th, 2009 RIYADH, Saudi Arabia - With one day left before the close of the offer period ,the CEO of Al Rajhi Financial Services Co. (ARFS), Marcus Andrade, has announced the IPO subscription results for Al Rajhi Co.

April 11th, 2009 RIYADH, Saudi Arabia - Al Rajhi Bank CEO, Mr. Abdullah Sulaiman Al Rajhi announced the financial results of the first quarter of 2009 where the Bank achieved SR 1,732 million in net profits compared to last year's net profits which were at SR 1,424 representing an increase of 21.6%.

April 7th, 2009 RIYADH, Saudi Arabia - A Striking Pavilion That Awaits Visitors With Many Surprises Al Rajhi Bank is taking part in the Riyadh Real Estate and Development Exhibition that is being held at the Riyadh International Exhibitions Center under the Patronage of HRH Prince Miteb bin Abdulaziz, Minister of Municipal and Rural Affairs. The Bank is presenting comprehensive real estate financing solutions and packages that offer unique features.

April 23rd, 2009 NEW DELHI - HDFC Bank Thursday reported a 33.9 percent increase in its net profit to Rs.6.31 billion for the quarter ended March 31, compared to Rs.4.71 billion in the same period a year before. The total income rose 53 percent to Rs.537 billion in the period under review compared to Rs.351 billion in the same quarter the previous year, HDFC said in a regulatory statement.

May 1st, 2009 Macquarie Bank profits collapse 52 percentSYDNEY — Australia's Macquarie Bank, once nicknamed the millionaire's factory for the number of executives it made rich, said Friday its profits halved last year, and slashed 2.5 billion Australian dollars ($1.8 billion) from its asset values because of the global financial crisis. Net profit for the 12 months to March 31 was AU$871 million ($635 million), a 52 percent fall from the AU$1.8 billion earned a year earlier, Australia's largest investment bank said.

July 28th, 2009 NEW DELHI - Budget carrier SpiceJet Tuesday reported net profits of Rs.263.42 million for the first quarter of this fiscal, against a loss of Rs.1.29 billion in the like quarter of 2008-09, despite some trying times for the aviation sector. The company's total income also registered a 10.55 percent increase at Rs.5.34 billion during the quarter, as against Rs.4.83 billion in the corresponding quarter of the last fiscal, said a regulatory filing with the Bombay Stock Exchange.

July 31st, 2009 Enel first half profits up 28 percentROME — Italian utility Enel SpA on Friday reported a 28 percent increase in first half profit as income at its newly acquired Spanish unit Endesa offset a drop in electricity sales in its home Italian market. The Rome-based company said in a statement Friday that first-half net income rose to euro3.52 billion ($4.9 billion), up from euro2.7 billion in the same period a year earlier.

April 21st, 2009 NEW YORK - Bank of America Corp. Monday became the latest US bank to report a stunning return to profitability in the first quarter of this year, easing some concerns about the financial industry despite expectations of further credit losses in future.

August 31st, 2009 Report: US makes $4 billion from bailout banksWASHINGTON — The U.S. government has hauled in about $4 billion in profits from large banks that have repaid their obligations from last year's federal bailout, The New York Times reported Sunday.

May 1st, 2009 Macquarie Bank profits collapses 52 percentSYDNEY — Australia's Macquarie Group, once nicknamed the millionaires factory for the number of executives it made rich, said Friday its profits halved last year, and slashed 2.5 billion Australian dollars ($1.8 billion) from its asset values because of the global financial crisis. It was the first time in 17 years the bank's profits shrank, and its top officials will feel the pinch through pay cuts of up to 99 percent.

April 29th, 2009 ANZ Bank's first-half net profit down 28 percentSYDNEY — Australia & New Zealand Banking Group Ltd. reported a 28 percent drop in first-half net profit on Wednesday, as bad debts rose amid the global economic crisis.

April 28th, 2009 National Australia Bank profit drops 0.9 percentSYDNEY — National Australia Bank Ltd., the country's largest by assets, said Tuesday its first-half net profit fell 0.9 percent to 2.7 billion Australian dollars ($1.9 billion) as bad debts more than doubled amid an economic slump. Bad and doubtful debts in the six months ended March 31 rose to AU$1.8 billion, from AU$700 million a year earlier, the Melbourne-based bank said in a statement.

July 29th, 2009 Spain's Santander Q2 net profit down 4 pctMADRID — Spain's Santander, the euro zone's largest bank, said Wednesday that net profit fell 4 percent in the second quarter as an increase in revenues was wiped out by a surge in bad loans amid the economic crisis. Santander said net profit was €2.42 billion ($3.44 billion), compared to €2.52 billion during the same period in 2008.