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Banks
Egypt Money Supply Rises 8 Pct In Yr To July
Egypt's M2 money supply rose 8 percent in the year to the end of July, the central bank said on Thursday. Money…
SFD In Talks With European Investment Bank Over €15 Mln Grant
The Social Fund for Development (SFD) is negotiating with the European Investment Bank to receive a grant of €15…
Bank Leumi’s Profit Down By 50%
Bank Leumi profits in the second fiscal quarter of 2012 add up to NIS 280 million ($69.2 million) compared to NIS…
NBE To Meet Experts In SME Finance Next Week
The National Bank of Egypt (NBE) will meet with a number of experts and senior officials of the American Charity…
BNP Paribas Net Profit Rose EGP 30 Mln in H1
BNP Paribas Bank Egypt posted net profit after tax of EGP 111.215 million at the end of the first half of 2012, up…
MOPCO Loan Arrangers May Reduce Finance By US$ 300 Mln
The National Bank of Egypt (NBE), Banque Misr and Arab African International Bank (AAIB) who are arranging a loan…
Al Baraka Targets Raising Retail Banking To EGP 1.6 Bln In 2013
Al Baraka Bank Egypt targets to increase the value of its retail banking portfolio by EGP 600 million to reach EGP…
Citigroup Pays ATD Executives Again In $590 Million Deal
Citigroup Inc. paid $680 million in cash and stock to David Whitcomb and other shareholders of Automated Trading…
Barclays Names Consumer Chief Jenkins Ceo After Diamond
Barclays Plc (BARC) named Antony Jenkins as its chief executive officer, promoting the head of its consumer banking…
Saudi Fund To Grant Yemen $1b
The Saudi Fund for Development will deposit $1 billion US dollar in the Central Bank of Yemen in a move which aims…