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Banks
Credit Agricole: loan to deposit rate recorded 55.9% by the end of 2011
Credit Agricole’s loan to deposit rate recorded 55.9% by the end of December 2011. Credit Agricole’s unaudited…
International analysts: lowering the credit rating threatens foreign development fund to…
International economic analysts forewarned that the continued reduction of Egypt’s credit rating will affect…
UNB deposit portfolio rose by EGP 3.3 bn by the end of 2011
Total deposits of Union National Bank (UNB) rose by 2% by the end of 2011, so the deposit portfolio reached EGP…
Emirates NBD offers Mercedes auto loan
DUBAI: Emirates NBD, a leading bank in the region, and Gargash Enterprises, the authorised distributor of…
It’s bailout or chaos, PM Papademos tells Greece
Greek Prime Minister Lucas Papademos has told lawmakers to back a deeply unpopular international financial rescue…
Blominvest arranges a loan of SR290m (EGP 467m) to build 400 housing units in Riyadh
Blominvest Saudi Arabia announced the closing of the private placement offering of "Blominvest - Maskan Arabia for…
Menlo Park hedge fund operator indicted
The president of a Menlo Park hedge fund Friday became the latest figure to be indicted in the Galleon insider…
Spanish Government Cuts Firing Costs, Changes Labor Rules
Spain’s government cut firing costs, changed wage-bargaining laws and decided that jobless people on benefits will…
Barclays Bank profits fall 3% to £5.9bn
Barclays has reported a 3% fall in profits to £5.9bn for last year, hit by a slowdown at its investment bank arm.…
Marine cargo Insurance Committee offers conditions to the IFE
The General Marine- Cargo Insurance Committee, a member of Insurance Federation of Egypt (IFE), offered the…
