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Banks
CBE stirs debates over guaranteeing loans to SMEs
Central Bank of Egypt (CBE) is currently studying establishing an institute that will guarantee the loans offered…
SWIFT expels Iranian banks
The world's biggest electronic payment system SWIFT, which facilitates the bulk of global cross-border payments,…
NBE finances fish and poultry projects
National Bank of Egypt (NBE) plans to offer a new product to finance owners of fish farms and poultry projects by…
Kuwait’s Burgan Bank launches customer satisfaction poll
Burgan Bank, Kuwaiti lender, announced that it has launched an online customer satisfaction poll in coordination…
Capital One to sell $1.25 billion of shares
Capital One Financial Corp (COF.N) said it would sell $1.25 billion of its common stock to pay for a portion of its…
Arab Bank Invests US$ 82.8 m In African Countries
Arab Bank for Economic Development in Africa (ABEDA) approved injecting new funds to 15 African countries in value…
CBE: Basel II To Be Applied By 2012 End
Central Bank of Egypt ended with preparing Basel II banking reform program, whose preparation started since 2009…
Audi Bank: Stability Will Boost Egypt’s Economy
Audi Bank cited that Egypt’s real GDP is estimated to have slowed to 1.2% in FY 2011, against 5.1% in FY 2010 as…
Citi Exceeds Stress Test Requirements
Citi yesterday released the following statement on the results of the Comprehensive Capital Analysis and Review by…
El Sebaei: Obligatory Investment Rules To Boost Real Estate Market
Fathy El Sebaei, Chairman and MD of Housing and Development Bank (HDB), said that trials over illegal lands’…