ECB fines Greece’s Piraeus Bank on past funding violations
The European Central Bank fined Piraeus Bank 5.15 million euros ($5.66 million) for breaching own fund provisions…
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Piraeus Bank
Kuwait’s Al Ahli Bank rebrands its subsidiary in Egypt
Al Ahli Bank of Kuwait (ABK) has rebranded Sunday its subsidiary in Egypt, Piraeus Bank Egypt, under the new name…
Kuwait’s Ahli Bank won’t practice Islamic banking in Egypt
Kuwait's Al Ahli Bank (ABK) is not seeking to obtain an Islamic banking licence for its Egyptian unit, the Kuwaiti…
Kuwait’s Ahli Bank plans capital top-up for Egyptian unit in 2016: CEO
Kuwait's Al Ahli Bank (ABK) plans to boost the capital of its Egyptian unit to around one billion Egyptian pounds…
Kuwait’s Al Ahli Bank buys most of Piraeus Bank’s Egypt Arm for $150 million
Kuwait's Al Ahli Bank (ABK) will pay $150 million for a 98.5 percent stake in the Egyptian unit of Greece's Piraeus…
Morocco’s Attijariwafa Bank interested in Piraeus Bank’s Egypt unit
Morocco's Attijariwafa Bank is seeking to buy Piraeus Bank's Egyptian subsidiary, a local Moroccan news agency…
Piraeus Bank Egypt to focus on energy projects financing
Piraeus Bank in Egypt is targeting the financing of major projects during the Economic Summit this month. Naira…
Greek Deal hopes boost Stoxx 600t to Highest Since 2007
European stock markets moved sharply higher on Wednesday, boosted by reports that Greece will ask for an extension…
Egyptian Arab Land Bank Settles Debts worth EGP400mn in Q1
Chairman of Egyptian Arab Land Bank (EALB) Chairman Abdel Meguid Mohy El-Din said his bank succeeded to…
Three Greek, One Cyprus Banks Fail ECB Stress Test
Three of Greece's top lenders and Cyprus's biggest bank failed the European Central Bank's health check Sunday, but…
