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Banks
HSBC Issues Almarai First Sukuk for SR1bn
HSBC announced that it has helped arrange the first ever Sukuk program in Saudi Arabia. The program was set up for…
Blom Bank Eyes A 13% Increase In Loans Portfolio
Blom Bank Egypt’s estimated budget shows that it plans to raise deposit and loans portfolio for this year, sources…
Alexbank Offers Microfinance Services In 70 Branches
Alex Bank plans to offer his microfinance services in more branches; to spread over its 70 branches by the end of…
CBE discusses disbursing US$ 408 m yellow remittances
Central Bank of Egypt (CBE) is holding a meeting today with banks participating in disbursing the value of yellow…
Greek banks may not need all of EU/IMF aid
Greek banks hit by the debt swap might not need all the aid allocated by the EU and IMF to help them weather the…
CBE stirs debates over guaranteeing loans to SMEs
Central Bank of Egypt (CBE) is currently studying establishing an institute that will guarantee the loans offered…
SWIFT expels Iranian banks
The world's biggest electronic payment system SWIFT, which facilitates the bulk of global cross-border payments,…
NBE finances fish and poultry projects
National Bank of Egypt (NBE) plans to offer a new product to finance owners of fish farms and poultry projects by…
Kuwait’s Burgan Bank launches customer satisfaction poll
Burgan Bank, Kuwaiti lender, announced that it has launched an online customer satisfaction poll in coordination…
Capital One to sell $1.25 billion of shares
Capital One Financial Corp (COF.N) said it would sell $1.25 billion of its common stock to pay for a portion of its…
