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Export Development Bank Confirms Asking For Islamic Banking License
The Export Development Bank of Egypt (EDBE) issued a statement today affirming what Amwal Al Ghad reported…
European Central Bank May Get Merger Veto In Banking Union Plan
The European Central Bank would have veto powers over any bank mergers in nations that sign up to ECB-led…
Faisal Bank Launches Bai Salam, Istisna’a, Ijarah Al-Khadamat
Faisal Islamic Bank of Egypt has received an approval from the Sharia Supervisory Board to conduct transactions of…
HSBC Bank Oman Assesses Bids To Sell Overseas Branches
HSBC Bank Oman aims to identify buyers for five overseas branches of erstwhile Oman International Bank (OIB) in…
NBE Restructures Debts Of Aswan Date Honey Factory
A date honey factory in Aswan resumed its production after it stopped for eight months when it defaulted on paying…
Export Development Bank Seeks Islamic Banking License
The Export Development Bank of Egypt (EDBE) has submitted a request to the Central Bank of Egypt (CBE) to get a…
HSBC Egypt 9-Month Net Profit (Non-Consolidated) Hits EGP 1.065 Bln
HSBC Bank Egypt achieved net profit of EGP 1.065 billion at the end of last September, compared to EGP 867.6…
Egypt is 6th Worldwide In Receiving Remittances In 2012; World Bank
Egypt is placed 6th in the list of top recipients of officially recorded remittances for 2012, according to the…
Burgan Bank Of Kuwait To Sell Bonds This Year Amid Expansion
Burgan Bank SAK (BURG), the third-biggest Kuwaiti lender by assets, plans to raise 100 million dinars ($354…
Deutsche Bank Sees Euro Zone Remaining Intact
Deutsche Bank, Germany's largest bank, expects the euro zone to remain intact and its slow pace of recovery to…