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Banks
Basel Committee Considers Tougher Rules On Non-Centrally Cleared Swaps
Banks may have to meet minimum collateral rules for over-the-counter derivatives trades that aren’t centrally…
Investor Sues Barclays On Euribor Manipulation
Barclays Plc (BARC) was sued by an investor who claimed her futures-trading business was harmed by the bank’s…
Alex Bank: Loans Portfolio Stood At EGP 20.6 Bln In June 2012
Alex Bank- Intesa Sanpaolo said its loans portfolio registered EGP 20.62 billion at the end of last June, up from…
EDBE To Increase Investments In T-Bills To 2.3 Bln In FY 2012/13
Export Development Bank of Egypt (EDBE) targets increasing the volume of investments in government debt…
ECB Cuts Interest Rates..Fuelling Talks Of QE
The European Central Bank’s step into the world of zero interest rates is fueling speculation it may…
Non-Performing Loans Hit 7% By End of FY2011/12: NBE
The National Bank of Egypt (NBE)’s non-performing loans have witnessed a decline by the end of the fiscal year of…
CBE: Yield On EGP 6 Bln T-Bills Drops
The Central Bank of Egypt (CBE) said the yields declined on EGP 6 billion ($990.9 million) in treasury bills sold…
Arrangers Of Al Nouran Sugar Loan To Sign Memorandum Of Conditions Next Week
A consortium led by National Bank for Development (NBD), Bank Audi and Banque Misr finalized the memorandum of…
NBE: Islamic Deposits Reach EGP 1 Bln
The National Bank of Egypt (NBE) said the volume of Islamic deposits reached EGP one billion and loan-to-deposit…
Omani Bank Muscat To Raise US$ 251.5 Mln From Rights Issue
Bank Muscat, the flagship financial institution in Oman, is all set to raise RO 96.7 million (US$ 251.50 million)…