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Banks
Foreign Reserves To Rise On Better Economy
Egypt’s prime minister said he expects net international reserves to climb in coming months on the back of…
CBE: RRR Depends On Liquidity
Central Bank of Egypt will use all tools available to meet the liquidity requirements of local banks, said Rania…
Japanese Banks Loans Rise 1% in April
The outstanding balance of loans at 118 Japanese lenders climbed 1 percent as of the end of April to 421.24…
EBRD Considers Investing €7.5 Bln In North Africa & Jordan
The European Bank for Reconstruction and Development (EBRD) hopes to eventually attract investment of 7.5 billion…
NBE Considers Offering EGP 8 mln For An Indebted Tourism Project
National Bank of Egypt (NBE) studies offering credit facilities of EGP 8 million for an indebted customer working…
Visa Inc. Posts Strong Fiscal Second Quarter 2012 Earnings Results
Visa Inc. (NYSE: V) announced financial results for the Company's fiscal second quarter 2012 ended March 31, 2012.…
Turkey’s Is Bankasi Conducts Due Diligence On Piraeus Bank Egypt
Turkiye Is Bankasi AS visits Cairo to conduct due diligence to evaluate Piraeus Bank-Egypt before acquisition…
ABG Net Operating Income Jumped By 16% In 2012 Q1
The Bahrain based leading Islamic banking group, Al Baraka Banking Group B.S.C (ABG) announced that its total…
CBE Stressed On Not Giving More Islamic Banking Licenses
Gamal Negm, deputy governor of Central Bank of Egypt (CBE), negated what was published in some newspapers that CBE…
AAIB To Inject EGP 300 Mln In Retail Banking Portfolio
Arab African International Bank (AAIB) plans to increase retail banking portfolio by EGP 300 million, to register…
