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Banks
National Bank Of Oman Cuts Off 38 Jobs By End Of December
National Bank of Oman (NBO) plans to cut off 38 jobs by the end of December as it now has one branch which is…
NSGB To Repay US$ 140 Mln Loan To Société Générale In 2013
National Société Générale Bank’s board of directors approved in its meeting on December 13th 2012 to repay the US$…
Barclays Says $470 Million FERC Penalty Won’t Stand In Court
Barclays Plc (BARC) said the U.S. Federal Energy Regulatory Commission’s record $470 million in proposed penalties…
Jpmorgan Muni Bond Rigging Accord Wins Final U.S. Court Approval
JPMorgan Chase & Co. (JPM) won a judge’s final approval of a $44.6 million settlement of a class-action lawsuit…
Lebanese Banks Still View Syria As Important Market
Lebanese banks can reap huge benefits from the Syrian market once a political settlement is reached in the war torn…
Deutsche Bank’s Legal Woes Deepen As Overhaul Hits Profit
Deutsche Bank AG (DBK)’s announcement yesterday that earnings will suffer this quarter added to a cacophony of…
Egypt Offers 182-, 364-day T-Bills Worth EGP 6.5 Bln
The Egyptian Ministry of Finance has offered today 182- and 364-day treasury bills worth EGP 6.5 billion. The…
Arab Bank For Economic Development Lends Mauritius, Zambia US$ 17.40 Mln
Arab Bank for Economic Development in Africa will sign two agreements next Monday to lend Mauritius and Zambia US$…
NBE, ITC Sign Protocol To Finance SMEs
The National Bank of Egypt (NBE) and the Industrial Training Council (ITC) have signed protocol of cooperation to…
NBE Targets Injecting EGP 4 Bln To SMEs In FY 2012/13
The National Bank of Egypt (NBE) targets to increase the value of finances if offers to small and medium…