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Banks
Spain’s Bankia Expects Profit In Q1
Bankia, Spain's third-biggest bank by assets, expects to post a profit for the first quarter of 2012, Chief…
UAE’s Rakbank Registers Dhs325 Mln Net profit In Q1
The National Bank of Ras Al-Khaimah (P.S.C.) (Rakbank) has reported a net profit of Dhs325.3m for the quarter ended…
AlexBank To Implement 60 ATMs & Develop 20 Branches In 2012
Alex Bank, subsidiary of Intesa Sanpaolo Group, intends implementing 60 more ATMs to reach 320 ATMs, up from 260…
Emirates Holidays Partners with Visa for a Year of Exclusive Travel Offers
Visa cardholders can now travel to a host of breathtaking destinations for less through an exclusive new…
IDBE’s Investments Reach EGP 600 Mln In March 2012
Industrial Development and Workers Bank of Egypt’s investments reached EGP 600 million in last March as the lender…
Adly: Bank Audi Expands In Arranging Syndicated Loans
Bank Audi is participating in 20 syndicated loan deals and plans to participate, arrange and guarantee more…
Africa Poised For Faster Growth: World Bank
Economic growth in Sub-Saharan Africa remains strong and is poised for lift-off after growing at 4.9 percent in…
Bahrain Banking Outlook Negative – Moody’s
The outlook on Bahrain's retail banking system remains negative, reflecting the fragile operating environment,…
Saudi’s NCB’s Net Profit Raise With 30%
Saudi Arabia's National Commercial Bank said on Friday that its first-quarter profit rose 30 percent from a year…
AAIB Targets Raising Retail banking Portfolio To EGP 3 Bln In 2012
Arab African International Bank (AAIB)’s retail banking portfolio rose to EGP 1.5 billion, registering a good…
