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Banks
Oman’s Bank Muscat Lowers Home Loan Rates
Omani Bank Muscat has reduced its “Baituna” home finance offering, providing the lowest interest rate of 4.75 per…
Misr Iran Targets 25% Increase in Loans in 2012
Misr Iran Bank targets achieving an increase in loans portfolio ranging from 20% to 25% and an increase in deposits…
Exclusive: Details of First Egyptian Dollar Certificates Issued in Arab Countries
Official source told Amwal Al Ghad that Central Bank of Egypt (CBE) conducted intensive negotiations - on behalf of…
Net Profits of Al Baraka Turk Participation Bank Rise by 19% in 2011
Al Baraka Turk Participation Bank, a subsidiary banking unit of Al Baraka Banking Group B.S.C. (ABG), announced…
CBE Offers 4 Bln In Bonds
Central bank of Egypt sold three-year, seven-year and ten-year bonds worth 4 billion Egyptian pounds ($662.4…
Oman’s Bank Dhofar Approves 7% Cash Dividends
Bank Dhofar‘s shareholders approved the cash dividend of 7% amounting to OR6.41m and the bonus share issue of…
Foreign Reserves Drops to $15.1 Bln in March
Net international reserves fell to $15.1 billion at the end of March, the 15th consecutive monthly fall, Central…
EIIB Expands Asset Management At Rasmala
European Islamic Investment Bank plc (EIIB) has announced plans to significantly expand the asset management…
Angela Knight Leaves UK Bank Lobby After Five Years
Angela Knight, chief executive of lobby group the British Bankers' Association (BBA), will step down from her role…
Malaysia’s CIMB Buys RBS Units In Asia
CIMB Group Holdings Bhd, Malaysia's No.2 lender, said on Monday it is paying $140 million for some Asian units of…
