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Money
Banking Sector a Possible Bright Spot for Egypt
Depending on whom you talk to, Egyptian bankers deserve either garlands for the prudential way they avoided…
EMRC In Talks To Increase Capital By EGP 5 Mln
Egyptian Mortgage Refinance Company (EMRC) will be discussing next week raising its capital by EGP 5 million, which…
S&P Warns Italy’s MPS Bank From A Rating Cut
Italy's third-largest bank, Monte dei Paschi di Siena, must quickly plug a capital shortfall to fend off the threat…
NBD Starts Marketing The US$ 120 Mln Loan For East Delta
The National Bank for Development (NBD) has started the marketing campaign for the US$ 120 million loan offered to…
Emirates NBD Is The Largest Lender In MENA: Report
The UAE and Saudi banks were the largest lenders in the Middle East and North Africa (Mena) region with Dubai-based…
NBE’s Environmental Finances Portfolio Registers EGP 1.3 Bln In May
The National Bank of Egypt said the total volume of environmental finances offered till the end of May is EGP 1.350…
Misr Insurance Recovers 20 of 1700 Stolen Cars Since Revolution
Misr Insurance Company has received 1700 claims for stolen cars; 600 of which are for stolen white taxi since last…
Fitch Affirms HSBC Bank Middle East At ‘AA-‘
Fitch Ratings has affirmed HSBC Bank Middle East's (HBME) Long-term Issuer Default Rating (IDR) at 'AA-' and…
AAIB Disbursed 102,000 Yellow Remittances Worth 394 Mln
Arab African International Bank (AAIB) disbursed 102,000 yellow remittances worth 394 million in the third month of…