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Banks
High Return On T-Bills Improves Banks’ Profits in H1: Bankers
The financial statements of a number of banks showed a relevant increase in the first half of 2012, marking the…
Industrial Development Bank Promotes 500 Employees
The Industrial Development and Workers Bank of Egypt (IDBE) will promote 500 employees out of 1100, the total …
Ethylene Loan Arrangers Sign Loan Agreement Today
The five banks, which arranged the long-term US$ 1.250 billion loan for the Egyptian Company for Ethylene, will…
HSBC Oman Asks Customers To Update Personal Info
HSBC Bank Oman is encouraging customers to update their personal data records by visiting their closest branch by…
KFH Offers Award Program For Credit, Prepaid Cards Clients
Kuwait Finance House (KFH) announced that it collaborated with We Guide international company to design and…
Faisal Bank Reports EGP 283 Mln Net Profit In H1
Faisal Islamic Bank of Egypt reported net profit of EGP 283.6 million at the end of June 2012, up from EGP 152.9…
NBE Awaits Bankruptcy Verdict Against Al Nasharty To Settle Debt
The National Bank of Egypt (NBE) awaits a bankruptcy verdict against the businessman Amr Al Nasharty, the owner of…
BNP To Seek Initial Bids For Egyptian Retail Arm Sale
BNP Paribas (BNPP.PA) will seek preliminary bids for its Egyptian retail banking business in the next two weeks,…
Saudi Bank Lending At Fastest Pace
Saudi banks will cut their bad loan ratio to the lowest since the region’s biggest corporate default three years…
CBB Sukuk Al-Ijara Fully Subscribed
The Central Bank of Bahrain (CBB) announces that the monthly issue of the short-term Islamic leasing bonds, Sukuk…