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Banks
Barclays chairman Quits Over Loan Rates Scandal
Barclays on Monday announced the resignation of its chairman, Marcus Agius, in the widening scandal surrounding…
NBG Negotiates With Credit Agricole Over Greek Unit
National Bank (NBGr.AT), Greece's biggest lender, said on Monday it was in talks with France's Credit Agricole…
Banque Misr Receives EGP 6.3 Bln Capital Injection
The Egyptian government has decided to provide Banque Misr with EGP 6.3 billion (US$1.04 billion) in capital…
Oman’s Bank Nizwa Sees First Profit In 2014
Omani Bank Nizwa sees a maiden profit two and a half years after the start of its operation planned next month,…
BBK Receives Hawkamah Bank Corporate Governance Award
Bank of Bahrain and Kuwait (BBK), Bahrain's pioneer in Retail and Commercial Banking, was awarded and recognized…
Correction: Concerning ABC Opening Its First Islamic Branch In Cairo
Amwal Al Ghad recently published a wrong story stating that Central Bank of Egypt approval granted to Arab Banking…
Hsbc Wins Seven Euromoney Awards For Excellence
HSBC, and its affiliate Saudi British Bank (SABB), scooped seven awards at last night’s Euromoney Middle East…
United Bank To Participate in “TICO” Loan with EGP 50 mln
The United Bank studies the participation in the loan, which both of National Bank of Egypt (NBE) and Banque Misr…
IDBE Settles EGP 425 Mln Bad Debts For 80 Customers
Industrial Development and Workers Bank of Egypt has settled EGP 425 million worth of debts for 80 ailing customers…