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Banks
National Bank For Development Defers Signing Islamic Loan Contract
The National Bank for Development (NBD) decided to delay the signing of the protocol of the first Islamic…
Burgan Bank’s Ratings Affirmed With ‘Stable’ Outlook
Capital Intelligence (CI), the international credit rating agency, announced that it has affirmed Burgan Bank…
Egypt Offers 182-,364-Day T-Bills Worth EGP 5.5 Bln
The Egyptian Ministry of Finance announced that it has offered EGP 5.5 billion treasury bills in an auction today.…
United Bank To Finance Membership Subscriptions To Aerosport Club
The United Bank Egypt has signed an agreement today to offer sharia-compliant loans to the members of Aerosport…
Barclays Egypt’s 9-Month Loans Up 16.3%
Barclays Bank Egypt’s portfolio of loans and credit facilities surged by EGP 915.7 million (16.3%), registering EGP…
BNP Paribas Egypt’s Net Profit Up 19.5% In 9 Months
BNP Paribas Egypt’s net profit surged by EGP 284 million (19.5%) to reach EGP 174.399 million at the end of last…
Loan To KIMA Lowered Again To US$ 423 Mln..Agreement Signing In Dec.
The National Bank of Egypt (NBE), Commercial International Bank (CIB), Banque Misr, Banque Du Caire and Arab…
Basel Burden On Small Banks Faces Scrutiny At U.S. House Hearing
U.S. community banks and insurers will press their case for separate treatment from the biggest financial firms as…
HSBC In Talks On Closing South Korean Retail Bank Unit: Report
HSBC (HSBA.L) is talking with South Korean regulators about shutting its local retail banking operations after a…
Banks Solely Focus On Profits, Neglect Developmental Projects: Abdel Moaty Lotfy
Abdel Moaty Lotfy, deputy chairman of the Federation of Economic Development Associations, said the banking sector…