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IDBE’s Retail Increases EGP 58
Industrial Development and Workers Bank of Egypt’s retail portfolio increased by EGP 58 million registering EGP 68…
CaixaBank Becomes Spain’s Biggest Bank After Acquiring Banca Civica
Spain's biggest bank in terms of assets has been created after CaixaBank bought Banca Civica for 977m euros…
Deutsche Bank The Largest In Europe As Leverage Hits Market Valuation
Deutsche Bank AG (DBK), adding assets as other lenders trim their balance sheets, surpassed France’s BNP Paribas SA…
RBS Shares Rise After News of Possible Selling To Abu Dhabi
Shares in Britain's state-owned Royal Bank of Scotland (RBS.L) rose sharply on Tuesday after the news that Britain…
Kuwait’s Ahli United Bank’s 2011 Net Profit Posts KD 31.5 million
Ahli United Bank, Kuwaiti lender, announced net profits amounting to KD 31.5 million for 2011, in addition to…
NBE’s Investments in Government Debt Instruments Reach 70 Bln EGP: Amer
Tarek Amer – Chairman of the National Bank of Egypt (NBE) - said that the NBE's investments in the government debt…
J.P. Morgan’s Asia-Pacific Head Quits
J.P. Morgan Chase & Co.’s chairman and chief executive officer for the Asia Pacific region, Gaby Abdelnour, is…
U.S. Fed’s Bernanke Affirms Low Rates
The U.S. economy needs to grow more quickly to bring down the unemployment rate further, Federal Reserve Chairman…
Standard Chartered And Noor Islamic Bank Loan $175m To Stanford Marine
Standard Chartered Bank and Noor Islamic Bank announced on Monday that they have acted jointly as initial mandate…
CIB and EGB negotiate with Social Fund over EGP 200 mln Finance Deal
Commercial International Bank (CIB) and Egyptian Gulf Bank (EGB) are negotiating with Social Fund for Development…