Browsing Category
Banks
Fitch Affirms Commercial International Bank At ‘B+’
Fitch Ratings has affirmed Commercial International Bank's (CIB) Long-term Issuer Default Rating (IDR) at…
PBDAC Targets Raising Islamic Deposits To EGP 1.5 Bln In FY 2012/13
The Principal Bank for Development and Agricultural Credit targets to increase the value of Islamic deposits to EGP…
Morsi To Amend CBE’s Statute Within Days
The Egyptian President Mohamed Morsi will issue a presidential decree, after being approved by the Cabinet,…
HSBC To Pay Record $1.9 Billion U.S. Fine In Money Laundering Case
HSBC has agreed to pay a record $1.92 billion fine to settle a multi-year probe by U.S. prosecutors, who accused…
Al Baraka Contributes EGP 100 Mln To Islamic Segment Of MAF Loan
The National Bank of Egypt (NBE) and Banque Misr approved to assign an Islamic segment of the EGP 3 billion loan,…
Islamic Banking Assets To Cross $1.8 Trillion
Global Islamic banking assets held by commercial banks are set to cross $1.8 trillion in 2013, up from the $1.3…
Bank Sohar Inks Pact With Mawarid
Bank Sohar arranged a deal of $50 million with Mawarid Mining LLC further adding value to Oman's economy and…
China Bank Lending Rises In November
Chinese banks boosted lending in November from October, official figures showed Tuesday, as Beijing seeks to…
Fitch Revises Credit Agricole Egypt Outlook To Stable From Negative
Fitch Ratings has affirmed Credit Agricole Egypt's (CAE) (CIEB) National Long-term Rating at 'AA+(egy)' and revised…
East Delta Electricity Signs EGP 1.6 Bln Loan Agreement Today
The East Delta Electricity Production Company has signed the agreement of the EGP 1.6 billion loan today with the…