Browsing Category
Banks
EALB Settles EGP 700 Mln Debts, Reduces Assets To EGP 2.4 Bln
Egyptian Arab Land Bank (EALB) has settled EGP 700 million debts of some of the bank’s faltering customers at the…
Bahrain’s Capivest Posts A Net Profit Of $12Mn In 2011
Capivest, Bahrain-based Islamic Investment Bank, announces its financial results for the year ended 31 December…
IFSB Sets New Islamic Banking Guidelines
The Islamic Financial Services Board (IFSB) has published new guidelines on liquidity and stress-testing, seeking…
CBE Offers EGP 3.5 Bln Treasury Bonds
Central Bank of Egypt (CBE) - on behalf of Ministry of Finance- will offer EGP 3.5 billion ($580 million) of…
Kuwaiti Burgan Bank Acquires Eurobank’s Turkish Unit
Burgan Bank, one of Kuwait's leading banks with a regional presence in Jordan, Iraq, Algeria and Tunisia, announced…
ECB Loans To Portuguese Banks Register Record
Portuguese banks' borrowings from the European Central Bank jumped to a new record in March as they took advantage…
Banks To Bailout Faltering Factories
Federation of Egyptian Banks (FEB) considers assigning a committee to study the applications submitted from…
Dubai Bank & Emirates Islamic Bank Approve Merger
Two Dubai-based banks have approved a plan to merge into one unit following negotiations over the past two years…
World Bank Job Should Go To Okonjo-Iweala, Say Ex-Staff
A group of former World Bank officials has written a letter backing Nigeria's Finance Minister, Ngozi…
NBE Offers EGP 491 Mln Fund For West Damietta Plant
National Bank of Egypt signed last week the final loan syndication agreement lending East Delta Electricity…
