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Banks
S&P Affirms Stable Outlook For National Bank of Kuwait
Standard & Poor's, the international credit rating agency, affirmed the long-term credit ratings of National…
NBE Considers Funds for Schools and Poultry
National Bank of Egypt (NBE) studies offering a new finance product that will meet the needs of governmental and…
IDBE’s Loans Portfolio Posts 18% Increase
Industrial Development & Workers Bank of Egypt‘s direct loans' portfolio raised with EGP 600 million,…
Oman’s Private Bank Deposits Rise 12% In January 2012
Central Bank of Oman (CBO) announced that Total value of private deposits at the commercial banks in the Sultanate…
Security Breach Hits MasterCard & Visa Accounts
Payment network operators MasterCard Inc, Visa Inc, American Express Co and Discover Financial Services were hit by…
Indonesia’s Bank Central Asia Net Income Rises 28% As Lending Grows
PT Bank Central Asia (BBCA), Indonesia’s largest financial services company by market value, posted a 27.6 percent…
Jordan’s Housing Bank Distributes 25% as Cash Dividends
The Housing Bank for Trade and Finance (HBTF), Jordanian lender, will distribute 25 per cent in cash dividends this…
HSBC Acquires Lloyds Banking Group Onshore Business In The UAE
Lloyds Banking Group approved to sell its onshore UAE presence to HSBC. This comprises its retail, commercial…
BRICS Eyes A Joint Development Bank
The BRICS group of emerging world powerhouses - Brazil, Russia, India, China and South Africa - is set to outline…
Ramez And Tenawy Replace Shaheen and Al Wakil at FEB
Federation of Egyptian Banks (FEB) announced that Hisham Ramez, deputy chairman of Commercial International bank…
