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Banks
EDBE’s NPLs Hit EGP 820 Mln In H1
The Export Development Bank of Egypt’s (EDBE) portfolio of non-performing loans stood at EGP 820 million, out of…
Electricity Sector’s Borrowings Unshaken By Frequent Power Outages: Bankers
A number of banking experts affirmed that the frequent power outages, that affected negatively most sectors in…
Misr Iran Invests EGP 1 Bln In Govt. Debt Instruments
Misr Iran Development Bank’s investments in government debt instruments (treasury bills and bonds) reached about…
CBD Launches First Dual-Currency Prepaid Card In GCC
Commercial Bank of Dubai (CBD), one of the leading banks in the UAE, has become the first bank to issue the CBD…
NCB Launches Alahli Mobile Service For Query And Executing Banking Transactions Via Smart…
The National Commercial Bank (NCB) announced today the launch of "Alahli Mobile" Service for account queries and…
Jpmorgan, Citi Units Sued By FDIC Over Colonial Sales
JPMorgan Chase & Co. (JPM) and Citigroup Inc. (C) were among the banks sued by the Federal Deposit Insurance…
NCB Pioneers Shariah-Compliant Airport Financing
The National Commercial Bank (NCB) is the Islamic structuring bank of Tibah Consortium for Madinah International…
Barclays Appoints Ex-BOE Official David Walker as Chairman
Barclays Plc (BARC), the British bank fined a record for interest-rate manipulation named former Bank of England…
EGB’s Loan Portfolio Up To EGP 3.2 Bln In H1 2012
The Egyptian Gulf Bank’s (EGB) portfolio of loans, credit facilities and murabahas registered EGP 3.241 billion at…
Egyptian Banks Not Hurt By Frequent Power Outages
Most bankers said that the frequent power outages occurred since the hot summer months began did not affect the…