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Banks
NBE To Settle EGP 500 Mln Bad Debt Owed By Abdel Wahab Kouta
The National Bank of Egypt (NBE) has given an initial approval over the settlement plan proposed by the ailing…
Saudi Mortgage Law To Diversify Banking Sector
The introduction of a mortgage law in Saudi Arabia will improve the housing supply as well as provide…
Banque Misr To Approve Estimated Budget For FY 2012/13 Next Sunday
Banque Misr is set to hold its Ordinary General Assembly next Sunday to approve the estimated budget of FY…
HSBC To Apologize At Hearing On Money Laundering, Memo Shows
HSBC Holdings Plc (HSBA) will apologize at a July 17 U.S. Senate hearing for anti-money laundering controls that…
Credit Suisse Exempted From German Tax Prosecution
Credit Suisse said it believed it was exempt from prosecution for helping Germans evade taxes following a deal last…
Eight Lebanese Banks Among Top 1,000 In The World
In its 2012 survey of the world’s top 1,000 commercial banks, The Banker magazine included eight Lebanese banks on…
Sabb/Hsbc Emerging Markets Index Q2 2012
SABB/HSBC Emerging Markets Index eases to 53.0 in Q2 2012 on manufacturing weakness Two-speed growth picture…
Barclays’ Diamond Accused Of Misleading Inquiry
British lawmakers on Tuesday accused Barclays former chief executive Bob Diamond of misleading a parliamentary…
Egyptians’ Remittances Stood At US$ 12.9 Bln In Nine Months
The remittances of Egyptians abroad witnessed an increase of US$ 3.819 billion, or 42%, totaling to US$ 12.9…
United Bank Considers Contributing With EGP 25 Mln To East Delta Loan
The United Bank has given a preliminary approval to contribute to the loan worth US$ 120 million arranged by the…