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Banks
Barclays Had Encouraging 2012 Start
Barclays Chief Executive Bob Diamond said the bank has had an "encouraging" start to the year, across key areas…
SocGen cuts CEO’s 2011 bonus by 43%
Societe Generale SA cut its chief executive's bonus by 43% in 2011, a year in which the French bank's net profit…
AlBaraka announced the dividends distribution
AlBaraka Banking Group B.S.C. (ABG) has announced the distribution to shareholders (as of AGM date 21 March 2012)…
Banque Misr Studies Guarateeing Egyptian Refining By US$ 130 mln
Banque Misr is currently studying the possibility of participating with US$ 130 mln in letters of guarantee (LG)…
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…
