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Banks
CBE: Yield On 182-Day T-Bills Rose To A Decade-High Level
The Central Bank of Egypt (CBE) said the average yield on 182-day treasury bills rose at an auction on Thursday to…
Banks Retreat From Financing US$ 300 Mln LG For ERC
The Egyptian Refining Company (ERC) seems to face financial problems after banks has retreated from financing the…
Banque Misr Plans Reducing NPLs To EGP 10.5 Bln By June’s End
Banque Misr targets reducing its non-performing loans portfolio to EGP 10.5 billion by the end of FY 2011/2012 to…
Barclays Expands Corporate Banking In Arab Gulf Region
Barclays Bank PLC announced that it is continuing to expand its corporate banking offering through the expansion of…
Saudi Islamic Development Bank Prices US$ 800 Mln Sukuk
Saudi-based Islamic Development Bank (IDB) priced an US$800 million five-year sharia-compliant bond, or sukuk, on…
AUB Named “Best Bank In The Middle East” By Euromoney
Ahli United Bank has been named "Best Bank in the Middle East" by leading international finance magazine Euromoney.…
NBE Considers EGP 1.9 Mln Syndicated Loan For Roads & Land Transport Authority
National Bank of Egypt (NBE) mulls arranging a syndicated loan for the General Authority for Roads, Bridges &…
Turkiye Is Bankasi Finalizes Piraeus-Egypt Due Diligence
Turkiye Is Bankasi A.S. has finalized the due diligence process that began last April aiming at evaluating Piraeus…
Kuwait Issues New Guidelines On Governance Of Banks
"Within the effort aimed at keeping up with the latest in international banking supervisory criteria meant to…