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Foreign Reserves Drops to $15.1 Bln in March
Net international reserves fell to $15.1 billion at the end of March, the 15th consecutive monthly fall, Central…
EIIB Expands Asset Management At Rasmala
European Islamic Investment Bank plc (EIIB) has announced plans to significantly expand the asset management…
Angela Knight Leaves UK Bank Lobby After Five Years
Angela Knight, chief executive of lobby group the British Bankers' Association (BBA), will step down from her role…
Malaysia’s CIMB Buys RBS Units In Asia
CIMB Group Holdings Bhd, Malaysia's No.2 lender, said on Monday it is paying $140 million for some Asian units of…
European Banks Prepare To Repay LTRO Loans
Europe’s biggest banks are preparing to return a third of the cheap three-year funding they recently borrowed from…
UNB Registers 16.6% Irregular Loans and 23% Increase In Foreign Deposits
Union National Bank Egypt’s irregular loans registered 16.6% or EGP 399.6 million of the total volume of loans…
Bankers Criticize CBE’s Refusal to Give More Islamic Banking Licenses
Some bankers criticized Central bank of Egypt’s refusal to give more Islamic banking licenses to four commercial…
MIFC Ambassador Urges Innovation within Shariah to Meet Liquidity Challenge
Raja Nazrin Shah, Financial Ambassador to the Malaysian International Islamic Financial Centre (MIFC) has strongly…
Malaysia’s Central Bank Governor Receives IDB’s Prize For Islamic Banking
The Jeddah-based Islamic Development Bank (IDB), the multilateral development bank of the Muslim world, has awarded…
CIB Injects US$ 48 Mln In Egyptian Refining Company’s Loan
Six international financial institutions arranging the US$ 2.6 billion loan for Egyptian Refining Company, owned by…