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Banks
Fitch Affirms Indonesia’s Bank OCBC NISP At ‘BBB’; Outlook Stable
Fitch Ratings has affirmed PT Bank OCBC NISP Tbk's (OCBC NISP) Long-Term Foreign and Local Currency Issuer Default…
Egypt’s M2 Money Supply Surges 6.7%
Egypt's M2 money supply rose 6.7 percent in the year to the end of March, the Central Bank of Egypt said on Monday.…
Rasmala To End Research Department
Rasmala Investment Bank Ltd, which had an equity research tie-up with Royal Bank of Scotland Group, is closing its…
Singapore Bank Lending Rises 1.5% In March
Total bank lending in Singapore rose 1.5 percent in March from February, central bank data showed on Monday.Bank…
Unipec Sues BNP Paribas
Unipec Asia Company Ltd, a subsidiary of China Petroleum and Chemical Corp, has sued BNP Paribas in Hong Kong to…
CBE To Offer EGP 2.5 Bln Bonds
Central Bank of Egypt (CBE) will offer EGP 2.5 billion ($413.5 million) in reopened bonds at an auction on May 7.…
Bahrain’s GIB Net Income Rises 23%
Bahrain-based lender, Gulf International Bank (GIB) has said its consolidated net profit after tax rose 23%…
37% Of Dubai SME 100 Companies Prefer Emirates NBD
Emirates NBD, a leading bank in the region, announced that it was the preferred banking partner for 37 of the 100…
Dubai Banks’ Profits Declines 35% In Q1
The net profits of Dubai-based banks dipped by nearly 35 per cent in the first quarter of 2012 and the bulk of the…
9th Annual IFSB Summit Discusses Global Financial Reforms
The 9th Annual Summit of the Islamic Financial Services Board (IFSB) which is scheduled to be held at the Swissotel…