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Banks
Banque Du Caire Likely To Contribute EGP 300 Mln To Mobinil Loan
Banque Du Caire has given an in-principle approval to act as an underwriter of the EGP 2.9 billion loan arranged…
GCC Bank Provisions Surge In Q2
Provisions by most banks in Gulf oil producers surged in the second quarter of 2012 after a decline in the previous…
NBE In Talks With Petroleum Company Over US$ 15 Mln Loan
The Egyptian Petroleum Development Company will start new programs for implementing plans to meet the requirements…
Credit Agricole Second-Quarter Net Drops 67% On Greece
Credit Agricole SA, France’s third- largest bank by market value, posted a 67 percent decline in second-quarter…
Saudi Banks Most Profitable In Middle East
Out of the top 50 banks in the Middle East ranked by assets for the period H1 2011, Saudi banks lead the pack…
Emirates NBD Unit Plans Up To 5% Dividend For H1
Emirates NBD Asset Management Limited, the asset management arm of Emirates NBD Bank, announced strong dividends to…
Banks Did Not Transfer Libyan Funds Out Of Egypt: Tarek Amer
Tarek Amer, chairman of the Federation of Egyptian Banks, said the Egyptian banks did not transfer the money owned…
Mobinil Loan Arrangers To Sign Final Agreement Next Sunday
The banks, arranging the EGP 2.9 billion syndicated loan for the Egyptian Company for Mobile Services Mobinil, will…
Yields On Egyptian 266-Day T-Bills Climbs
Yields on 266-day treasury bills rose at an auction on Sunday and the central bank bought fewer than it had asked…
Bank for Agricultural Credit Considers Financing 1000 Feddans In Fayoum, Sharkia
As the Principal Bank for Development and Agricultural Credit aims at expanding in offering sharia-compliant loans,…