Browsing Category
Money
Suez Canal Life Insurance Sets Up Staff Training Institute
Suez Canal Life Insurance targets to set up an institute to train its staff in the production and marketing…
Faisal Islamic Bank Contributes With EGP 100 Mln To EDEPC Loan
Faisal Islamic Bank approved to contribute with EGP 100 million to the syndicated loan worth EGP 1.6 billion…
PBDAC Offered EGP 11 Mln Micro-Finances By End Of June
The Principal Bank for Development and Agricultural Credit (PBDAC) plans to expand in offering micro-finances for…
NBE Injected EGP 70 Mln Islamic Finances To SMEs By End Of June 2012
The National Bank of Egypt (NBE) offered a number of sharia-compliant finances worth EGP 70 million to small and…
NBD Launches E-Government Payment for taxes and Customs through 70 Branches
As a result of the National Bank for Development’s (NBD) keenness to provide advanced banking services, the bank…
AUB’s Alpha Fund Is Open For Subscription By August
The Ahli United Bank (AUB) will open its Alpha investment fund, which invests in securities, for subscription by…
IDBE’s NPLs Down To EGP 1.6 Bln At End Of H1
The Industrial Development and Workers Bank of Egypt (IDBE) succeeded in reducing its non-performing loans by EGP…
Lenders Expect Lebanese Banks Profits To Fall
Byblos Bank chairman François Bassil expects the combined net profits of the Lebanese banking sector to plunge by…
Foreign Banks Plan To Expand China Workforce By 56%, Pwc Says
HSBC Holdings Plc (HSBA) and Citigroup Inc. (C) are among foreign banks in China that plan to boost their combined…
Citigroup’s Stoker Misled Investors, Sec Tells Jury
The former director of Citigroup Inc. (C)’s collateralized debt obligation structuring group misled investors in…