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UK Regulator Urges Banks To Treat Customers Better
Britain's financial watchdog warned banks they must start treating customers better by the summer or face…
UAE’s National Bank of Fujairah Arranges AED265 Mln Syndication For Pacific Control…
United Arab Emirates' National Bank of Fujairah (NBF) announced that it has closed an AED265m syndicated loan for…
UAE’s Mashreq Bank Implement EMC Symmetrix VMAX System
Mashreq Bank has consolidated its IT infrastructure onto EMC Symmetrix VMAX, the world's most powerful, trusted and…
NBE Offers EGP 100 Mln To Indebted SMEs
The National Bank of Egypt (NBE) studies offering credit facilities of EGP 100 million to help some indebted SMEs…
U.S. Banks Have Ample Liquidity: Warren Buffett
Warren Buffett, whose Berkshire Hathaway Inc. (BRK/A) has more than $19 billion invested in U.S. banks, said the…
Four Egyptian Banks Disbursed Over 400,000 Yellow Remittances
National Bank of Egypt (NBE), Banque Misr, Alex Bank Intesa Sanpaolo and Arab African International Bank disbursed…
IDBE’s Loans To SMEs Are 15%
Industrial Development and Workers Bank of Egypt’s (IDWBE) SMEs portfolio registered 15%, EGP 210 million, of the…
CBE Fixes Interest Rates On GDP Increase By 0.4% In Q2
The Central Bank of Egypt (CBE) decide to keep lending rate steady at 10.25 percent and the deposit rate at 9.25…
Nonperforming Loans To SMEs are 2%: SFD
About 2% of finances offered by the Fund to small and medium enterprises (SMEs) are not yet collected, while the…
Abu Dhabi National Takaful Q1 Profit Posts AED 6.1 Mln
Abu Dhabi National Takaful Company P.S.C (Takaful), announced financial results for the period ended 31 March 2012,…