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Banks
Qatar Banking Sector Continues Growth Momentum
While the banking sector in several countries across the globe continues to face difficulties, Qatar's banking…
Industrial Development Bank’s Retail Portfolio Up To EGP 95 Mln
The Industrial Development and Workers Bank of Egypt’s retail banking portfolio surged to EGP 95 million at the end…
NBE’s Islamic Units Have Loan-To-Deposit Ratio Of 30%
The National Bank of Egypt’s (NBE) Islamic deposits reached EGP 700 million, while Islamic finances registered EGP…
NBE Seeks Approval To Launch Musharaka Mutanaqisa
The National Bank of Egypt (NBE) has submitted a request to the Central bank of Egypt (CBE) in order to provide the…
Spain’s Banks ‘Need $76.3 Billion’
Spanish banks will need a total of 59.3 billion euros ($76.3bn) in extra capital to ride out a serious economic…
Egypt Sells EGP 9.5 Bln Of 182-, 357-Day T-Bills
The Egyptian Ministry of Finance stated that EGP 9.5 billion worth of 182-and 357-day treasury bills were sold…
NBD Launches 1st Islamic Investment Bank In Egypt
The National Bank for Development (NBD) is set to launch Abu Dhabi Islamic Investment Company (ADI Capital) in…
Industrial Development Bank’s SME Finance Portfolio Up EGP 170 Mln
The Industrial Development and Workers Bank of Egypt’s SME finance portfolio surged by EGP 170 million, registering…
Debt Settlement Talks Frozen As Arco Steel’s Workers Stage Sit-In
The debt settlement negotiations being conducted by the National Bank of Egypt (NBE) with the Arab Company for…
Credit Agricole Says Emporiki Sale Talks “Very Advanced”
Talks to sell Credit Agricole's Greek bank Emporiki are likely to be completed in the next few weeks, the French…