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Banks
Egyptian for Ethylene receives $240m loan
National Bank of Egypt, Banque Misr and Banque Du Caire approved a bridge loan to Egyptian Company for Ethylene in…
BDAC negotiates with MOF over EGP 2.2 bn dues
Mohsen El-Batran, chairman of Bank for Development and Agricultural Credit, said that there are currently…
CIB and NBAD negotiate with Social Fund over new funding contracts
Commercial International Bank and National Bank of Abu Dhabi are currently negotiating with Social Fund for…
NBE signs one billion contract with SFD
National Bank of Egypt (NBE) intends to sign a contract in value to EGP one billion with Social Fund for…
Slovenian banks tap ECB for €1.7 bn loans
Slovenia's largest banks - Nova Ljubljanska Banka (NLB) and Nova KBM - took up €1.7 billion ($2.2 billion) in cheap…
IDB signs MoU with British Development
The Islamic Development Bank (IDB), Saudi Arabian lender, and United Kingdom International Development Department…
Mervyn King: Banks still deny their failure
The Governor of the Bank of England has launched a fresh attack on Britain’s banks, claiming that they are in…
NBK achieves $1,086m net profit
National Bank of Kuwait (NBK) held its annual General Assembly meeting at the bank's headquarters on March 11th…
Standard Chartered eyes Saudi license
Standard Chartered has sought a full commercial banking license from the Saudi central bank as the UK lender aims…
BOC increases support for Phoenix TV
Bank of China (BOC) will boost financial support for Hong Kong-based Phoenix Television as part of its efforts to…