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Standard Chartered: Regional Institutions Will Be Immune
Dubai A potential exit of Greece from the European common currency and the subsequent bond defaults could trigger a…
NBE’s SMEs Loans Registers EGP 2.1 Bln In April
National Bank of Egypt’s (NBE) loans to SMEs registered an increase of EGP 500 million, totaling EGP 2.1 billion…
IDWE Offers EGP 5 Mln To Food Franchise
Industrial Development and Workers Bank of Egypt (IDWE) approved offering EGP 5 million loan to a customer planning…
HSBC Upgrades Qatar National Bank To ‘Overweight’
Qatar National Bank's (QNB) lending momentum will remain positive as preference by the government will help the…
Greeks Withdraw Funds From Banks
Greece's political leaders meet on Wednesday to form a caretaker government to take it to a second election in just…
Dubai Islamic Bank To Issue Benchmark Sukuk
Dubai Islamic Bank (DIB), the largest sharia-compliant lender in the United Arab Emirates, is planning to issue a…
HSBC Launches 1 Bln SMEs Fund In UAE
HSBC Holdings launched a 1 billion dirhams ($272.4 million) small and medium enterprises (SME) fund on Tuesday and…
JPMorgan’s Dimon Receives $23 Mln Pay Package Despite $2 Loss
Even as he apologized for a $2 billion trading loss, JPMorgan Chase CEO Jamie Dimon's $23 million pay package was…
EU Countries Seek Deal On Basel III Regulations
European Union finance ministers are making a renewed attempt to hammer out an accord on boosting the amount of…
CBE Sells US$1.013 Bln of Dollar- Denominated T-Bills, Exceeding Target
Central Bank of Egypt (CBE) sold US$1.013 billion of dollar - treasury bills today, exceeding its US$750 million…