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Banks
CIB saves EGP 300m For Hyde Park’s Loan
Commercial International Bank (CIB) is currently studying saving from US$ 200 million to US$ 300 million of the…
UAE To Test Bank Execs’ Risk Management Ability
The United Arab Emirates central bank is preparing a test to determine whether senior executives in the country's…
Emirates NBD to launch next-generation mobile payment solution – MoneyMobile
Emirates National Bank of Dubai announced today the launch of the "MoneyMobile," a contactless payment solution…
Amer keeps 132 drivers
Tarek Amer, chairman of National Bank of Egypt, retreated today from his decision to sack 132 drivers out of 150,…
NBAD Sponsors UAE Global Investment Forum
The National Bank of Abu Dhabi (NBAD), the Number One Bank in the UAE, is lead sponsor of the UAE Global Investment…
Fatma Lotfy: Ijara and Sukuks Boosts Islamic Banking
Fatma Lotfy, vice chairman and managing director of Bank Audi, said that Islamic banking is still facing many…
CBE Reduces Reserve Requirement to 12% On Increasing Deficit
Egypt's central bank decided Tuesday to reduce the proportion of reserve requirement on domestic deposits with…
NBD And Audi Offer EGP 120m Islamic Finance To Deraya University
National Bank for Development (NBD) declared a preliminary approval to participate in the EGP 120 million…
Spain Banks’ Bad Loans Rise To 7.9%
Spanish banks' bad loans rose to 7.9 percent of their outstanding portfolios in January, up from 7.61 percent, and…
Banque Misr’s Global Investments in Dollar Bonds Register US$ 650m
Banque Misr’s global investments in dollar bonds registered US$ 650 million and total Bank’s investments in…