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Banks
Deutsche Bank Derivative Helped Monte Paschi Mask Losses
Deutsche Bank AG (DBK) designed a derivative for Banca Monte dei Paschi di Siena SpA at the height of the financial…
Jpmorgan Tops Banks For Third Year As Loans Retreat: Commodities
JPMorgan Chase & Co. (JPM) led lending to commodities companies for a third consecutive year even as global…
Oman’s Bank Muscat Q4 Net Profit Rises 15.1 Pct
Bank Muscat, Oman's largest lender, posted a 15.1 percent increase in fourth-quarter net profit on Thursday,…
$388m IDB Loans To Boost Egypt Economy
Islamic Development Bank President Ahmed Muhammad Ali has signed a number of loan agreements worth more than $388…
QNB Sees Egyptian Central Bank’s Approval For SocGen Takeover In Two Weeks
Qatar National Bank, the Gulf state's largest lender by market value, said on Wednesday it hopes to complete the…
Agricultural Credit Bank Allocates EGP 180 Mln For Micro-Enterprises
The Principal Bank for Development and Agricultural Credit launches a number of variable kinds of loans and credit…
Tarek Amer Likely To Head A Saudi Arabian Bank: Sources
One of the largest banks in Saudi Arabia is in talks with Tarek Amer, former chairman of National Bank of Egypt…
Banks’ Investments In T-Bills Fell EGP 5.7 Bln In October: CBE
The Egyptian banking sector's investments in treasury bills fell by EGP 5.728 billion (2.3%) to reach EGP 243.98…
World Bank Cuts Growth Outlook As Advanced Nations Drag
A frustratingly slow economic recovery in developed nations is holding back the global economy, the World Bank said…
Egypt’s Debt Per Capita Registered EGP 18,703 In September
Egypt’s local and external debt per capita registered EGP 18,703 at the end of the last September, according…