Browsing Category
Banks
Adnan Youssef: CBE Protects Egyptian Banks Against Financial Crisis
Adnan Youssef, Chairman of the Union of Arab Banks and President & Chief Executive of Al Baraka Banking Group,…
Oman’s Bank Muscat arranges $62.5m loan for Sampath Bank
Bank Muscat, Omani lender, successfully concluded a syndicated loan totaling $62.5 million for Sampath Bank in Sri…
Qatar’s Al Khaliji Offers New Structured Deposits
Al Khalij Commercial Bank (Al Khaliji), Qatari lender, has announced the launch of three new structured deposits…
EDBE Offers Golden Fund On Monday
Export Development Bank of Egypt announced that the IPO of its third mutual fund, “Golden Fund”, will start on…
Bank of England Urges Banks To Increase Capital
Banks need to raise new capital as soon as they can, because the global financial system remains fragile despite…
Citigroup Expects $700m Charge As It Trims Stake In Akbank
Citigroup Inc. (C), the third-largest U.S. bank by assets, expects an impairment charge of $700 million in the…
AUB’s Alpha Mutual Fund is Approved By EFSA
Egyptian Financial Supervisory Authority (EFSA) has initially approved "Alpha" Fund to be launched by Ahli United…
BofA Tests A New Program to Convert Faltering Homeowners Into Tenants
Bank of America is testing pilot program that would help homeowners at risk of foreclosure by turning their…
Salameh: Some Parties Irked By Lebanese Banking Success
The Lebanese banking sector continues to command high confidence despite a campaign by some parties to discredit…
UAE Central Bank: Rate of Lending Growth “Reasonable”
The rate of bank lending growth in the United Arab Emirates is "reasonable," Central Bank Governor Sultan Nasser…
