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Banks
Jpmorgan, Citi Units Sued By FDIC Over Colonial Sales
JPMorgan Chase & Co. (JPM) and Citigroup Inc. (C) were among the banks sued by the Federal Deposit Insurance…
NCB Pioneers Shariah-Compliant Airport Financing
The National Commercial Bank (NCB) is the Islamic structuring bank of Tibah Consortium for Madinah International…
Barclays Appoints Ex-BOE Official David Walker as Chairman
Barclays Plc (BARC), the British bank fined a record for interest-rate manipulation named former Bank of England…
EGB’s Loan Portfolio Up To EGP 3.2 Bln In H1 2012
The Egyptian Gulf Bank’s (EGB) portfolio of loans, credit facilities and murabahas registered EGP 3.241 billion at…
Egyptian Banks Not Hurt By Frequent Power Outages
Most bankers said that the frequent power outages occurred since the hot summer months began did not affect the…
NBAD Offers Investment Advisory Services
The National Bank of Abu Dhabi (NBAD), the Number One Bank in the UAE, offers the NBAD Bespoke Portfolio Service…
Gulf Banks Not To Finance Egyptian Steel Company On Qatari Partnership
Some of the Gulf banks retreated from contributing to the sharia-compliant syndicated loan amounting to EGP 1.07…
Bank Of Japan Stands Pat On Rates, Monetary Policy
The Bank of Japan left its interest rates and policy stance unchanged Thursday, reiterating its commitment to…
ADIB Community Banking Serves Non-Profit Organisations
Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services institution, announced the launch of ADIB…
Fitch Affirms Ahli Bank S.A.O.G At ‘BBB+’; Outlook Stable
Fitch Ratings has affirmed Ahli Bank S.A.O.G's (ABO) Long-term Issuer Default Rating (IDR) at 'BBB+' with a Stable…