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Banks
ABC Egypt Offered EGP 1.26 Bln Credit Facilities For Companies
The Arab Banking Corporation – Egypt’s (ABC) corporate credit facilities portfolio registered EGP 1.26 billion at…
Hisham Ramez Named CBE’s Governor For His Competence: Ezz Al-Arab
The Commercial International Bank (CIB) announced that its chairman Hisham Ezz Al-Arab will assume the…
Sukuk Issuance In 2012 Soars 54 Per Cent
Total Sukuk issuance in December reached $8 billion with a 61 per cent increase compared to last year. The report…
CBE Offers US$ 75 Mln To Local Banks On Sunday FX Auction
The Central Bank of Egypt (CBE) offered US$75 million to local banks at foreign currency auction on Sunday,…
Bankdhofar’s First Sharia Board Meeting
The first meeting for the Sharia Supervisory Board of BankDhofar was held on December 26 at the bank's head office…
Bank Muscat, Shinhan Bank Of Korea Sign Co-Operation Pact
Bank Muscat, the flagship financial services provider in the Sultanate, and Shinhan Bank, one of the leading banks…
Islamic Banking Accounts For 8.5% Of Transactions In Egypt: El-Beltagy
Mohamed El-Beltagy, head of the Egyptian Islamic Finance Association, stated that volume of Islamic banking…
IDBE To Sign Finance Agreements Worth EGP 250 Mln With SFD
The Industrial Development and Workers Bank of Egypt plans to sign finance agreements worth EGP 250 million with…
Misr Iran Bank Raises Its Investments In T-Bills To EGP 1.4 Bln
Misr Iran Development Bank’s investments in treasury bills reached EGP 1.4 billion at the end of 2012, up from EGP…
Banque Misr’s MSME Finances Hit EGP 700 Mln By End Of 2012
Banque Misr’s SME loan portfolio rose to over EGP 700 million at the end of 2012. Sources said the bank plans to…