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Banks
China’s ICBC, Citic Group Violated Rules
The Industrial Bank of China (ICBC) and Citic Group Corp. have violated several financial regulations in their…
Tarek Amer In Dubai Discussing Mutual Investment Cooperation
Eng. Sultan Bin Saeed Al Mansouri, UAE’s Minister of Economy, received Tarek Amer, chairman of National…
KSA’s SABB Launches Islamic Business Packages To SMEs
Kingdom of Saudi Arabia’s SABB Business Banking has launched its 'Islamic Business Packages', a campaign which…
Abu Dhabi Islamic Bank Opens First Branch In London
Abu Dhabi Islamic Bank, the second-largest Islamic lender in the United Arab Emirates (UAE), opened its first…
IFSB Launches Plan To Enhance Stability Of Islamic Finance Industry
The 9th Annual Summit of the Islamic Financial Services Board (IFSB), was held in Istanbul, Turkey from 16 to 17…
NBE, EALB Consider US$ 20 Mln Finance to a Tourism Project
The National Bank of Egypt (NBE) and Egyptian Arab Land Bank (EALB) consider offering credit facilities of US$ 20…
Banque Misr Posts EGP 515 Mln In FY 2010/2011
Banque Misr achieved net profit of EGP 515.2 million in the fiscal year ended in June 2011, compared with EGP 509.6…
CI Affirms Lebanon’s Byblos Bank FSR At ‘BBB-‘
Capital Intelligence (CI), the international credit rating agency, announced that it has affirmed Byblos Bank-SAL's…
Qatar-Based Directors Quit Syrian Bank On Sanctions
The Qatar-based directors of Syria International Islamic Bank (SIIB) resigned their roles at the behest of the…
Volcker Seeks Overhaul On Global Capital Flows
Former Federal Reserve Chairman Paul Volcker, the namesake of U.S. rules designed to rein in banks’…