Browsing Category
Money
NBD Retail registered EGP 1.6 billion in 2011
National Bank for Development’s (NBD) retail banking finance portfolio rose by 25.2%, in value to EGP 400 million,…
“Takaful” eyes1.5 m from the new products
Egyptian Takaful Insurance Company “Property” targets achieving EGP 1.5 million in installments in the first phase…
ECB deposits register new record
Banks' overnight deposits with the European Central Bank hit a new record Friday in the wake of the central bank's…
Credit Suisse to buy back hybrid debt, meeting new rules
Credit Suisse Group AG (CSGN), Switzerland’s second-biggest bank, offered to repurchase 4 billion Swiss francs…
Emirates NBD integrating Dubai Bank’s ATMs into its network
National Bank of Dubai announced that it has successfully completed the first phase of integrating Dubai Bank's…
Commerzbank to increase capital by $1 billion for new shares
Commerzbank AG (CBK), Germany’s second- biggest bank, will boost core Tier 1 capital by €776 million ($1.02…
Egyptians in Saudi Arabia celebrate “dollar certificates”
Egyptians living in Saudi Arabia celebrate the new dollar certificates of deposit for Egyptians living abroad,…
Blom Bank’s deposits post a 10% increase in 2011
Tarek Metwally, assistant managing director and CEO of Blom Bank, said that the 2011 Bank’s initial results showed…
National Bank for Development named best Islamic bank in Egypt for 2011
As part of its ongoing progress, the National Bank for Development (NBD) in cooperation with Abu Dhabi Islamic Bank…
Social Fund signs EGP 500 m contracts with 5 banks in Q1
Social Fund for Development signed financing contracts in value to EGP 500 million with 5 banks, which will be…
