Browsing Category
Banks
CBE Reduces Reserve Requirement to 12% On Increasing Deficit
Egypt's central bank decided Tuesday to reduce the proportion of reserve requirement on domestic deposits with…
NBD And Audi Offer EGP 120m Islamic Finance To Deraya University
National Bank for Development (NBD) declared a preliminary approval to participate in the EGP 120 million…
Spain Banks’ Bad Loans Rise To 7.9%
Spanish banks' bad loans rose to 7.9 percent of their outstanding portfolios in January, up from 7.61 percent, and…
Banque Misr’s Global Investments in Dollar Bonds Register US$ 650m
Banque Misr’s global investments in dollar bonds registered US$ 650 million and total Bank’s investments in…
8 US Banks Are Fined For Foreclosure Violations
The Federal Reserve said Monday that it plans to fine eight additional U.S. bank holding companies for improperly…
UK Launches New Small Firm Loan Scheme
Chancellor George Osborne launches his much-vaunted 20 billion pound credit easing scheme to help small companies…
Bahrain’s Arcapita Files For Bankruptcy Protection in US
Arcapita Bank, a Bahraini investment firm heavily invested in the United States and Europe, said Monday it has…
Bankers Criticize Amer’s Resignation Announcements
Bankers criticized Tarek Amer, National bank of Egypt Chairman and head of Egyptian Banks Federation, after his…
RAK Properties appoints Colliers to enhance retail developments
RAK Properties (RAKPROP.AD) has appointed real estate consultancy Colliers International to help provide a boost to…
Citigroup Sells Shanghai Bank Stake for $349m
Citigroup Inc. says it has sold its 2.71 percent stake in Shanghai Pudong Development Bank for an after-tax gain of…