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United Bank Launches Custodians Department
The United Bank announced the launch of a new administrative unit named department of custodians after securing…
Euromoney Conference 2012 Confirmed: Theme is “Restarting the Egyptian…
Euromoney Conferences is pleased to announce that following Sunday's election result that the 2012 Euromoney Egypt…
PBDAC: May-June Micro-Finances Register EGP 11 Mln
The Principal Bank for Development and Agricultural Credit (PBDAC) has offered about EGP 11 billion finances for…
EALB To Contribute With EGP 300 Mln To Hype Park’s Loan
The Egyptian Arab Land Bank (EALB) has approved to contribute with EGP 300 million to the EGP 1.3 billion…
Barclays’ CEO Steps Down, Chairman Returns
Barclays PLC Chief Executive Bob Diamond resigned Tuesday in a surprise move that saw Marcus Agius return as…
CBE To Offer EGP 3 Bln Reopened Bonds
The Central Bank of Egypt (CBE) will offer EGP 3 billion ($495 million) in reopened five-year and ten-year bonds at…
Morsi Strengthens Egypt’s Position In Negotiations Over US$ 3.2 Bln IMF loan: Bankers
Under the rule of an elected president, the negotiations over an US$ 3.2 billion loan from the International…
Islamic Finance Industry’s Role Is Growing In Asia : Zeti Akhtar Aziz
Bank Negara Malaysia Governor, Dr Zeti Akhtar Aziz robustly put the case for a growing role of the Islamic finance…
Egyptian Takaful-Life Insures Banque Misr’s Customers Against Loan Non-payment
Egyptian Takaful-Life announced it will provide one-year insurance coverage for Banque Misr’s customers against…
Misr Iran Bank First Half Gains Hit EGP 148.5 Mln
Misr Iran Development Bank (MIDB) has posted gains of EGP 148.5 million during the first half of 2012. Noting that,…