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South Africa’s Corporate Debt Request To Be Discussed By Basel
South Africa’s central bank will seek backing from other members of the Basel Committee on Banking Supervision to…
World Bank, Al Baraka Bank Launch Islamic Finance Initiatives
The World Bank and Bahrain-based Al Baraka Banking Group have joined hands to launch joint programs under a new…
UAE’s NBAD Partners With ADNIC To Offer Life Insurance Coverage
The National Bank of Abu Dhabi (NBAD) has partnered with the Abu Dhabi National Insurance Company (ADNIC) to offer…
Bahrain’s Govt. T-Bills Oversubscribed By 169%
The Central Bank of Bahrain (CBB) announces that this week's BD35 million issue of Government Treasury Bills has…
Portugal’s BPI Bank Asks For 1.3 Bln Aid
The Portuguese bank BPI has reportedly asked for 1.3 billion euros in public aid to comply with the principles laid…
EALB Injects EGP 1 Bln In Corporate Loans Portfolio In 2012/13
Egyptian Arab Land Bank (EALB) said it has injected about EGP one billion in its corporate loans and credit…
NBE Launches 7 New Branches This Year
The National Bank of Egypt (NBE) plans to launch seven new branches, increasing its network of branches to 266…
Chinese Central Bank Chief Affirms Support For Euro Zone
China's central bank chief said the country will continue to invest in euro zone government debt and other assets…
S. Africa’s Banks Adequately Capitalized
South Africa's banking sector remains adequately capitalized, with the Tier 1 ratio rising to 12.2 percent at the…
Pressure Increased On Merkel To Support Joint Debt Sharing
Spanish Prime Minister Mariano Rajoy ratcheted up pressure on German Chancellor Angela Merkel to back new ideas for…