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Banks
NBAD Ranked 2nd In “Top 10” Companies
The National Bank of Abu Dhabi (NBAD) , the Number One Bank in the UAE, has been ranked second place in "Top 10 Abu…
Al Watany Bank of Egypt’s Loan Portfolio Hit EGP 7.2 Bln At End-2012
Al Watany Bank of Egypt (AWB) portfolio of loans and credit facilities witnessed a slight increase of EGP 122.4…
Agricultural Credit Bank Launches Islamic Retail Banking Products
The Principal Bank for Development and Agricultural Credit targets to expand in Sharia-compliant retail banking…
Al Watany Bank of Egypt Reports EGP 304 Mln Net Profit In 2012
Al Watany Bank of Egypt (AWB) achieved net profit of EGP 304.078 million in 2012, compared to EGP 220.552 million…
Finance Ministry Sells 91-, 273-Day T-Bills Worth EGP 5.5 Bln
The Egyptian Ministry of Finance sold 91- and 273-day T-bills worth EGP 5.5 billion on Sunday. The yields on…
Banque Misr Awarded “Best Provider Of Money Market Funds” In MENA For 2013
In what is considered to be an important step and a crowning of Banque Misr’s efforts and noticeable activities in…
The National Bank Of Abu Dhabi Selects BT To Connect Global Operations
The National Bank of Abu Dhabi (NBAD) selected BT, one of the world's leading providers of communications services…
IDBE In Talks With 8 Customers To Settle EGP 75 Mln Bad Debts
The Industrial Development and Workers Bank of Egypt currently conducts negotiations with eight defaulting…
Banks’ Investments In Securities Hit EGP 595.8 Bln At End-Nov. 2012
The Egyptian banking sector’s securities portfolio surged by 2.6% (EGP 15.1 billion), registering EGP 595.8 billion…
CBE Offers Industrial Development Bank EGP 1 Bln Loan To Bridge Provisions Gap
The Industrial Development and Workers Bank of Egypt received a loan worth EGP 1 billion from the Central Bank of…