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Euro Zone Banks In Need For A Robust Shield
As the euro zone ponders a possible Greek exit, policymakers have not yet built a shield robust enough to prevent a…
Misr Insurance Denies It Rejects Compensating Toshiba El Araby For Fire Damages
Misr Insurance Company negated what was published that it rejected paying compensations to Toshiba El Araby for…
El Baradei Settles His Brother’s Debts of EGP10 Million To EDBE, United Bank
Minister of Housing, Mohamed Fathy El Baradei has signed debt settlement agreements with Export Development Bank of…
Farouk El Okdah Left For London, No Reason Declared
Dr. Farouk El Okdah, governor of Central Bank of Egypt (CBE), left for London, while Adel Abdel Hamid, minister of…
Top Greek Banks Received €18 Bln Support
Greece handed 18 billion euros (14.39 billion pounds) to its four biggest banks on Monday, the finance ministry…
S. Korean Banks’ Lending Retreated In April
South Korean banks' lending rate declined last month as market rates fell amid growing appetite for risk aversion,…
Spain’s Banks In No Need For International Bailout: Mariano Rajoy
Spain's prime minister has insisted his country will not need an international rescue for its banks as investors…
Financing SMEs Is A Must: Al Khaliji’s Hamad Bin Faisal
Lending institutions in the Middle East have been rather reluctant in extending loans to small and medium…
Citigroup Dismantles Committee Overseeing Toxic-Asset Division
Citigroup Inc. (C), the biggest U.S. bank to have regulators reject its capital plan this year, dismantled a board…
EALB’s 10-Month Corporate Loans Registered EGP 500 Mln
Egypt Arab Land Bank’s (EALB) corporate loans and credit facilities registered EGP 500 million while loans…