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Banks
CBE Sells EGP 4 Bln T-Bills
Central Bank of Egypt said the yield on 266-day treasury bills rose at an auction on last Sunday and the regulator…
Emirates NBD Wins 3 Global Finance Awards For 2012
Emirates NBD , the leading Bank in the region, won "Best Bank in UAE", "Best Trade Finance Bank in UAE" and "Best…
AUB Reduces Returns on 3, 5-Yr Certificates Of Deposit To 11.5%, 11.25%
Ahli United Bank (AUB) decided to reduce the quarterly return and half-annual return on its 3-year certificates of…
NBE’s Raises T-Bills Investments to EGP 78 Bln
National Bank of Egypt’s investment in treasury bills reached EGP 78 billion for the current fiscal year. Bills are…
Crédit Agricole Egypt Announces Its Q1 2012 Financial Results
Following the bank’s recent announcement of its financial results for Q1 2012, Mr. François-Edouard Drion, Chairman…
BDAC Negotiates With SFD Over EGP 100 Mln Contract
Bank for Development and Agricultural Credit (BDAC) is negotiating with Social Fund for Development (SFD) over…
Italy’s Monti Suggests Bank Guarantee Plan
Italian Prime Minister Mario Monti took a plan to create a European system to guarantee bank deposits to the G8…
IDBE To Sign EGP 25 Mln Contract With SFD
Industrial Development and Workers Bank of Egypt (IDBE) intends to sign a new contract with Social Fund for…
HSBC Turkey Targets 20% Loan Growth
HSBC Holdings Plc (HSBA)’s Turkish unit will expand loans 20% this year, compared with a growth of 15% to 20%…
AAIB Disbursed 91,000 Yellow Remittances
Arab African International Bank (AAIB) disbursed 91 thousand yellow remittances, with value of EGP 355 million till…